Macau Business Daily, April 28, 2014

Page 1

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

www.macaubusinessdaily.com

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

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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

2014-4-28

2014-4-29

2014-4-30

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