MOP 6.00 Closing editor: Sara Farr Publisher: Paulo A. Azevedo Number 573 Wednesday July 2, 2014
Park ‘n stop F
Year III
rom here to Zhuhai with investment. Some local real estate agents are encouraging people to invest as much in parking lots in Zhuhai as they do here. Realtors say the dearth of spaces in Zhuhai means big business. Hengqin’s development, and the completion of major transport infrastructure will also ramp up demand, they told Business Daily Page
www.macaubusinessdaily.com
Kicking figures around
3
HSI - Movers July 1
Name
Gaming revenues have declined for the first time in five years. Casinos raked in 27.2 billion patacas in June. But that’s 3.7 percent down y-o-y. Blame the World Cup tournament, say analysts, who originally predicted a 5 percent haircut
%Day
Galaxy Entertainme
3.59
Lenovo Group Ltd
2.12
China Resources Lan
2.01
Want Want China Ho
2.01
Sands China Ltd
1.56
Hang Seng Bank Ltd
-1.09
AIA Group Ltd
-1.14
Hutchison Whampoa
-1.30
China Mengniu Dairy
-1.38
Henderson Land Dev
-1.41
Source: Bloomberg
New kid on the block
I SSN 2226-8294
A collective sigh of relief. Day one for New Era bus company went without a hitch. Most commuters were oblivious to the change. But the peak season is just around the corner. More buses are on the way
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2
7
Premium office prices surge Hold fast What price a premium office in Macau? Quite a lot, actually. In 2009, the average price was four times the average of Asia Pacific. Now it’s eightfold. The gaming and tourism industry have squeezed demand for premium workspace Page 5
The Purchasing Managers’ Index has returned a smile to Chinese authorities. Following some bumpy months, light government measures seem to have stabilised the economy’s growth
Legislators approve MOP30 minimum wage
Non-resident workers proliferating Page 4
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Page 10
Jet Asia selling last private jet Page 6
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