MOP 6.00 Closing editor: Alex Lee Publisher: Paulo A. Azevedo Number 527 Monday April 28, 2014
Massive profits
Year III
Sands China earnings rose 50 percent in the first quarter of this year after mass market gamblers from mainland bet more money on its properties. Company CEO Sheldon
Adelson wants to attract longer-stay clients to Macau to boost revenues from hotels, retail and entertainment. Investors are expecting a golden quarter for major casino operators Page
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Ringing the changes
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Smartphone applications will be the first line of concern for the data protection watchdog. In an interview with Business Daily, deputy coordinator of the Office for Personal Data Protection reveals that guidelines for public and private usage will be issued later this year
HSI - Movers April 25
Name
Page 2
GDP to dip
3
Flying for the future
Reuters’ poll shows the country’s gross domestic product is likely to grow 7.3 percent in 2014. Lower than the 7.7 percent of 2013. Low results that could mark the weakest showing in 24 years
The airport wants to save as much as 3.7 million patacas a year by reducing annual power consumption to 2.8 million kWh. Cutting carbon emission levels by 20 percent and increasing waste recycling and treatment by 180 percent in 2018 are some of the targets of the airport’s five-year environmental plan
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%Day
China Resources Po
0.81
CITIC Pacific Ltd
0.43
Lenovo Group Ltd
0.00
PetroChina Co Ltd
-0.34
China Merchants Ho
-0.40
New World Develop
-2.69
Galaxy Entertainme
-2.81
China Resources Lan
-2.94
Sands China Ltd
-3.15
Sino Land Co Ltd
-3.59
Source: Bloomberg
I SSN 2226-8294
INTERVIEW
Race to be number 1
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Mercedes Benz sales have grown 66 percent year-on-year. In an exclusive interview with Business Daily brand retailer Zung Fu General Manager says the target is to be the number one luxury car seller in Macau. Rental and property prices are a real obstacle to expansion but nevertheless the company is preparing to enlarge the current showroom in August Pages 6 & 7
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