MOP 6.00 Closing editor: Sara Farr
24-hour crossing
I
Publisher: Paulo A. Azevedo
t’s official. Beijing has given the green light. The Cross Border Industrial Zone immigration checkpoint can open from midnight to 7:00am for Macau residents as well as migrant workers. Macau-Mainland borders can now effectively operate around the clock. While the Central Government has given its A-Okay, no date has yet been set for implementation 6
Year III
Number 613 Wednesday August 27, 2014
PAGE
www.macaubusinessdaily.com
Undaunted, unafraid, under supervision They were detained, questioned and released. Now the civil referendum organisers are upping the ante. They have applied for permission to protest. Outside the Macau Dome on August 31 as Commission members cast their votes inside for the new CE. A parallel assembly is planned for St. Paul’s Ruins. Objective: a call for universal suffrage in 2019
Capping the chip floats
HSI - Movers August 26
This will be the acid test. SJM casino workers from Grand Lisboa say they will clock in for work on Saturday morning, as usual. But they won’t deal cards to punters at their tables. This has been termed ‘capping the chip floats’. And will last, say strike organisers, until their demands are met. Management say they are still prepared to talk Page 5
Name
%Day
PetroChina Co Ltd
2.37
Bank of Communicat
1.04
Hang Lung Properties
0.78
China Life Insurance
0.66
CNOOC Ltd
0.65
Want Want China H
-1.71
Hong Kong Exchang
-1.91
China Resources Lan
-2.15
China Resources Ent
-2.56
CITIC Pacific Ltd
-3.00
Source: Bloomberg
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Deja-vu
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It’s happened again. August gross gaming revenues are expected to drop. That’s the third month in a row. Wells Fargo analysts predict Macau casino revenues could tank 4 percent year-on-year Page 7
Chui puts reputation on the line
Diamonds are forever The company is opening new shops. In Causeway Bay, Mong Kok and Tsuen Wan in Hong Kong as landlords hold prices steady. Mammoth jewellery company Luk Fook also plans to expand to other districts in the Fragrant Harbour. Despite retreating gold sales
His manifesto has come under intense scrutiny. But Chief Executive candidate Fernando Chui Sai On says he will deliver. In particular, on administrative reform. He also promises to improve Macau’s medical resources framework. The current free medical healthcare system has not been overhauled since 1986
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