MOP 6.00 Closing editor: Luís Gonçalves Publisher: Paulo A. Azevedo Number 589 Thursday July 24, 2014
Summer of discontent A
Year III
ccording to organisers, more than 2,000 gaming workers turned up. To stage an ‘Occupy Venetian’ protest yesterday. City of Dreams, SJM and Wynn employees joined their industry colleagues. Sands China’s promotion system is at the centre of discontent. Experienced employees say their sacrifices to help the company have been in vain; and that younger workers are reaping the benefits
www.macaubusinessdaily.com
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Bright prospects
Beijing a beacon
A 29-year-old legislator is the government’s delegate on the board of CEM. Ms. Song Pek Kei, a local Bachelor of Law, formerly served on the government’s consultative committee on community affairs
More local powers are a possibility. A new plan from Beijing will restructure almost every aspect of the capital. Plus surrounding Hebei province and Tianjin. Page 8
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Government supports 200 companies The Industrial and Commercial Development Fund has been busy. It distributed 19.3 million patacas in aid to 191 companies and associations during the second quarter of the year. The objective is to promote the region and different economic activities in the territory
McChickengate
July 23
Name
Only McDonald’s here has imported meat products from the troubled Shanghai Husi Food Co Ltd this year. Now the local quarantine authority has suspended imports. The Chinese-based food supplier is mired in scandal. It has allegedly knowingly sold expired meat to the biggest US fast food chains in Asia PAGE 2
Pimp my ride
Japanese visitors jump 25 percent
Chinese billionaires are pimping their planes. They’re flying to Hong Kong, Macau and Singapore. For gambling and entertainment. But the more savvy are conscious about flaunting their wealth right now
The Japanese are returning. Macau witnessed a 25 percent increase in visitor arrivals from Japan last month. Comprising 24,208 of the total visitor arrivals in June. That’s five times more than overall visitor growth of 5 percent that month
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HSI - Movers %Day
China Resources LanD
7.53
China Overseas Land
4.43
Ping An Insurance Gr
3.69
PetroChina Co Ltd
3.05
Wharf Holdings Ltd
3.02
China Mengniu Dairy
-0.52
Hengan Internation
-1.06
Hutchison Whampoa L
-1.44
Lenovo Group Ltd
-1.87
Want Want China H
-3.63
Source: Bloomberg
I SSN 2226-8294
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2014-7-24
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2014-7-25
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2014-7-26
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