Year II
Number 510 Thursday April 3, 2014
Publisher: Paulo A. Azevedo
MOP 6.00
Not so new talent The government wants to develop more talent to cope with the city’s needs. But the talent to bring a clear direction to the project seems difficult to achieve. So far, the scheme-by-committee revisits the good old subsidy formula
gas Leak
Page 5
The regulator says it will not budge and fires back at the territory’s sole natural gas importer. The proposal on gas price and long-term supply is “unreasonable” and will affect the public interest, says the government
www.macaubusinessdaily.com
Page 5
MGTO promises to fight ‘zero-fare’ tours
Shop ‘til you drop
Page 6
High-end handbag maker MCM plans to open 72 more outlets in the Greater China region, including Macau where the brand already has two shops. In addition to the expansion in Macau, the South Korean fashion retailer wants to go public in the next three years
Macau Golf Open returns in October Page 4
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Page 2
HSI - Movers
Heaven and hell
April 2
Midland Realty (Macau) is far from being in the deep water its parent firm in Hong Kong is. Here, CEO Ronald Cheung tells Business Daily that Midland is “cautiously” consolidating its business with an expansion plan less aggressive then major rival Centaline Page 3
Offshore borrowers Hong Kong sees 41percent lending rising thanks to the Chinese trend of borrowing abroad due to higher interest rates. China banks record a 45 percent shrinkage Pages 10 & 11
Name
%Day
Hong Kong Exchang
5.44
China Resources Lan
4.67
Wharf Holdings Ltd
4.34
Sun Hung Kai Proper
4.07
Hang Lung Propertie
3.75
Industrial & Comme
-1.47
China Shenhua Ener
-1.56
Bank of Communica
-1.57
China Resources Po
-1.96
Bank of China Ltd
-2.03
Source: Bloomberg
I SSN 2226-8294
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