Macau Business Daily, June 26, 2014

Page 1

Number 569 Thursday June 26, 2014

Publisher: Paulo A. Azevedo

Closing editor: Alex Lee

MOP 6.00

All for sale

T

Year III

he government says it’s preparing a public tender for all of the city’s bus routes. No decision when just yet. But a date in 2017 is the likeliest, when the New Era concession ends. As at June, Reolian attracted the highest number of complaints, at 235. The travelling public also berated the other operators

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www.macaubusinessdaily.com

Patriotic plane plan The growing economy has produced a boom in air traffic. Sector growth forecasts are massive. So much so that China’s president has urged the creation of a national airplane. Page 11

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Business as usual

HSI - Movers

UnionPay terminals will continue to operate inside casino jewellery and pawnshops after July 1. The much-hyped ban only applies to new terminals, said Secretary for Economy and Finance Francis Tam. Otherwise, it’s business as usual

June 25

Name

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ATM security breached

Essential Macau

The city’s ATM machines are at risk. According to a technical expert, ‘exposed’ machines may fall prey to fraud. It’s happening already because of inappropriate anti-virus software. Hon Chi Tin, Head of the Research and Technology Administration Office, says beware

China Construction Bank’s president considers Macau an ‘essential’ market. Not only for the company but Asia. CCB started operating as a branch here yesterday

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%Day

China Resources Powe

2.18

Henderson Land DeV

1.55

Lenovo Group Ltd

1.36

China Resources Ent

1.18

Hutchison Whampoa Lt

1.15

Belle International

-0.71

Bank of Communicat

-0.75

China Merchants H

-1.03

China Overseas Land

-1.46

Ping An Insurance Gr

-1.65

Source: Bloomberg

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I SSN 2226-8294

Heavy fuel Flag carrier Air Macau profits stagnated last year. But it made 281.5 million patacas despite rising fuel and operation costs. Expansion of services in 2014 is very much on the agenda PAGE 5

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Macau Business Daily, June 26, 2014 by Business Daily - Issuu