Macau Business Daily, April 10, 2014

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MOP 6.00 Publisher: Paulo A. Azevedo Number 515 Thursday April 10, 2014 Year III

Flat out luxury Price growth for high-end homes in Macau is cued to outpace that of homes for the mass market, says estate agency Centaline (Macau) in its first quarter property review. All 210 flats of the luxury Carat project’s first phase sold out in just 48 hours Page

Hengqin harvest

BCP bank profits up 16 percent Page 3

Investors chasing a piece of the Hengqin action were culled from 89 to a shortlist of 30. Expectations are mounting as the area near Macau is considered the best next thing. But the government is only prepared to cut the suspense on Monday. What Secretary Francis Tam still needs to find out is why the Hengqin government decided to launch the Macau Affairs Bureau, to handle trade and investment projects, when communications between both sides are “smooth and close”

www.macaubusinessdaily.com

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Maritime museum area to expand fourfold Page4

Brought to you by

HSI - Movers April 9

Let’s Seoul

Name

South Korea is attracting more tourists from Macau and now leads traveller preferences. Taiwan and Japan come in second. Political instability in Thailand has taken the gloss off the Land of Smiles as a holiday haven

CTM joins billion club

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Companhia de Telecomunicações de Macau SARL (CTM) will invest more than the originally planned 1.2 billion patacas in three years. Yesterday, the largest operator announced that last year’s profits broke the 1 billion patacas barrier following a 4 percent growth Page

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Innovation points the way

%Day

Want Want China H

3.57

China Petroleum & C

3.54

Galaxy Entertainme

3.44

Sands China Ltd

3.40

Bank of East Asia Lt

2.95

PetroChina Co Ltd

-0.11

Kunlun Energy Co Lt

-2.05

AIA Group Ltd

-1.44

China Resources Po

-1.62

Swire Pacific Ltd

-3.63

Source: Bloomberg

I SSN 2226-8294

Brought to you by

Experts, politicians and businessmen convene at the Boao Forum for Asia (BFA) 2014 Annual Conference. All eyes are on China’s economy evolving from lowvalue item producer to breakaway innovation Page 9

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