MOP 6.00 Publisher: Paulo A. Azevedo Number 513 Tuesday April 8, 2014 Year II
Cable Soap Macau Cable TV Co Ltd has already reached an agreement with the government on its concession renewal, on Melco Crown a non-exclusive basis. The consensus “in principle” advances was confirmed to Business Daily by the city’s sole pay Japan quest television service provider. However, the next episode will be to face competition from the internet TV boxes Page
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Can’t get a taxi? Use an app Page 5
www.macaubusinessdaily.com
Searching for paradise Gaming machine supplier and casino operator Paradise Entertainment Ltd has already submitted a plan to the Macau government for a place on Hengqin island. The project aims to use part of the zone reserved for Macau investors to build an assembly factory. Company chairman Jay Chun confirms the maths for Business Daily: reduce costs and expand operations overseas Page 2
All full up Macau is reaching the limit in dealing with its building debris. And is now in final talks with the mainland to offload the city’s construction waste in Guangdong
Priced out
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Macau has emerged as one of the world’s costliest places to buy a house. It outranks Hong Kong, says a Reuters report. Business Daily follows the trials and tribulations of some who are forced to keep on the move Pages 6 & 7
HSI - Movers April 7
Name
%Day
China Resources Po
3.10
China Unicom Hong
1.94
CNOOC Ltd
1.66
China Life Insurance
1.60
China Mengniu Dair
1.60
AIA Group Ltd
-2.09
Li & Fung Ltd
-2.36
Tencent Holdings Lt
-4.48
Sands China Ltd
-4.89
Galaxy Entertainm
-5.63
Source: Bloomberg
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World Bank rectifies growth numbers
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Although the WB has slightly cut general figures for Asia, growth and stability for China and the rest of the Asia Pacific area are the leading drivers for the next two years Page 9
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