Macau Business Daily, April 16, 2014

Page 1

MOP 6.00 Publisher: Paulo A. Azevedo Number 519 Wednesday April 16, 2014 Year III

‘Team Business’

fires up

The Macau Grand Prix will, for the first time, hold a public tender for the right to sponsor the title event and individual races. Greater transparency and strong interest from companies are cited for this 61st edition innovation. This year’s 190 million-pataca budget is15 percent up on 2012 16

www.macaubusinessdaily.com

Page

Urban myth

Brought to you by

We already have an Urban Planning Law. But its master plan may take up to five years, legislators were told yesterday by Secretary Lau Si Io Page 3

Seasonal factors slow revenues

Reality bites The advice is clear: the Year of the Horse does not favour property owners, as a result of less favourable conditions. Mortgages, non-observance of loans for individuals and real estate agents caution aspiring property owners. The report on pages

Foreign reserves drop to lowest level since separation from fiscal reserve Page 3

6&7

HSI - Movers April 15

Name

%Day

Cheung Kong Hold

0.37

Power Assets Hold

0.14

CITIC Pacific Ltd

0.14

April is, so far, lagging expectations in terms of gaming revenues. Seasonal factors, say analysts. Much better was the first quarter, with profits from casinos reaching 20 and even 30 percent

Sun Hung Kai Propert

-0.20

China Resources Powe

-0.23

China Overseas Land

-3.59

China Mengniu Dairy

-3.80

Page 8

China Petroleum & Ch

-3.91

Hong Kong Exchang

-5.27

China Merchants H

-5.55

A breath of fresh air

Source: Bloomberg

The China government is about to finish writing a law that will reinforce punitive measures in environmental cases. The ruling will be the first improvement on the matter in 25 years Page 10

Government evaluating ways to improve residents’ retirement pot Page 5

Osaka planning to overtake Tokyo in the casinos contest Page 9

I SSN 2226-8294

Brought to you by

2014-4-16

2014-4-17

2014-4-18

21˚ 26˚

22˚ 29˚

22˚ 29˚


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.