MOP 6.00 Closing editor: Sara Farr
Chief Executive ends the side betting on who will assume responsibility for planning the next decades of the biggest industry in Macau. Chui Sai On stated yesterday, indirectly but loudly, that the right time to start reviewing the renewal of all six gaming concessions and sub-concessions is 2015-16. And the man for the job is him, as no-one is expected to replace him as next CE Page
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Year III
Number 524 Wednesday April 23, 2014
Publisher: Paulo A. Azevedo
The boss dealer
www.macaubusinessdaily.com
Mission Macau
Melco’s helicopter en route to Macau Page 7
After 15 years, the IMF returns to Macau. This time to assess economic conditions and the risks emanating from China and rocketing property prices. The mission started yesterday and concludes business April 29. Meetings with government, the monetary authority, banks and private companies are on the agenda. Final report out in summer, if the government agrees Page
More land, please Macau wants more land in Hengqin Island – and elsewhere - and has already filed a formal request with Beijing. All in the name of economic diversification
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Pansy Ho increases Shun Tak stake Page 8
Grand Waldo to re-open next year Page 8
HSI - Movers April 22
Name
%Day
China Mengniu Dairy
3.79
China Petroleum & Ch
3.43
State’s big biz shake-up
Want Want China H
1.77
Kunlun Energy Co Ltd
1.42
Belle International
1.06
China Shenhua Ener
-1.58
China Resources Land
-2.98
Lenovo Group Ltd
-3.34
China Resources Ent
-4.16
China Resources Pow
-9.62
Government starts to reform state-controlled companies with a record of negative performance. Many national companies already restructuring.
Source: Bloomberg
I SSN 2226-8294
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