Page 8
One-horse race S
o far, he’s the only candidate. For Macau’s top job. Incumbent Chief Executive Chui Sai On said yesterday he would prioritise people’s livelihood during his second term in office. Administrative reforms, long-term policies, housing, transport, medical services and social security are all on his to-do list
Year III
Number 583 Wednesday July 16, 2014
Publisher: Paulo A. Azevedo
Closing editor: Sara Farr
MOP 6.00
Still a bumpy ride for gaming | Ho’s new Russian casino to open by year-end |
www.macaubusinessdaily.com
Pages 2 & 3
HK leader compromising
HSI - Movers July 15
Name
Hong Kong’s Chief Executive seems to be listening to his citizens. Leung Chun-ying has submitted a report to China’s National People’s Congress. He says “There is a need to amend the method for selecting the CE in 2017” Page
4
China Merchants Hol
2.38
Galaxy Entertainmen
1.61
China Petroleum & Ch
1.25
Hutchison Whampoa
-0.48
Hengan Internationa
-0.48
Cheung Kong Holding
-0.64
China Resources Ente
-0.69
China Shenhua Energ
-0.69
28˚ 33˚
Beijing’s efforts to nurture the economy is bearing fruit. Bank loans grew in June, beating all expectations. New loans reached 1.08 trillion yuan (US$173.9 billion) Page
3.34
2014-7-16
Stimulating stimuli 5
CITIC Pacific Ltd
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It’s that time of year again. Macau is preparing for the annual Grand Prix. The MGP committee has just revealed the sponsor of the event title. Junket operator Suncity Group will pay 16.6 million patacas for the honour
Macau is getting more expensive for locals. And tourists are feeling the pinch, too. Accommodation has increased by up to 12 percent in the second quarter. While dining out and clothing prices are creeping up
China Mobile Ltd
Source: Bloomberg
Suncity to sponsor GP event title
Tourist prices up 6pct Q2
%Day
9
2014-7-17
27˚ 32˚
2014-7-18
26˚ 30˚