Macau Business Daily, Oct 15, 2014

Page 1

MOP 6.00

Border Crossing preparations underway

Number 645 Wednesday October 15, 2014

Publisher: Paulo A. Azevedo

Closing editor: Luis Gonçalves

Macau Esprit turnover up 5pct | Foreign reserves drop in September > PAGE 5

2

Year III

4-hour border crossing is nearing reality. Zhuhai is expanding passport control channels on the mainland side of the Cross Border Industrial Zone. Works preparing for the 24-hour crossing are scheduled to finish mid-December. Zhuhai authorities concede that midnight to early morning crossings may be available to mainland tourists as well PAGE

Juicy Apples The waiting is over. Well, almost. Apple announced yesterday the much-anticipated iPhone 6 and iPhone 6 Plus will go on sale in Macau on October 31. CTM confirmed the smartphones will be available that day and online reservations start today. In two days, Hutchinson (3 Macau) will also reveal sale details of the iPhone 6 here

PAGE

Doomsayers predict meltdown

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The line is drawn in the sand. If you believe everything you read. If gaming revenues drop below MOP22 billion per month, a wave of dismissals will follow, says the Chinese media. Academics dismiss the unsupported proposition as scaremongering. Experts tell Business Daily that the scenario is unlikely. Right now, we’re down to our last MOP25 billion/month

2

HSI - Movers October 14

Name

%Day

China Resources Powe

3.23

China Resources Land

2.41

HSBC Holdings PLC

0.51

China Mengniu Dairy

0.30

China Overseas Land

0.24

AIA Group Ltd

-1.31

Galaxy Entertainment

-1.93

Cathay Pacific Airwa

-1.97

CNOOC Ltd

-3.10

Tingyi Cayman Island

-4.72

Source: Bloomberg

I SSN 2226-8294

Brought to you by

PAGE 6

Escape velocity

www.macaubusinessdaily.com

Thailand to attract Macau visitors The Tourism Authority of Thailand (TAT) is embarking on a raft of marketing strategies. The Land of Smiles is linking up with local tour operators to arrange special packages. Social media activities and a new app are just some of the tools, TAT told Business Daily. Young tourists - and weddings - are a starting point despite post-coup concerns

PAGE 3

A series of infrastructure projects are in the works. And may provide the Chinese economy with the required momentum to reach the annual target. Refurbishing shanty towns, building rail networks and water facilities should boost the economy by 7.5 percent

Page 8

HK, Macau firms in Guangdong with a maximum stake of 55 pct PAGE

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2014-10-15

2014-10-16

2014-10-17

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23˚ 28˚

23˚ 29˚


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Macau Business Daily, Oct 15, 2014 by Business Daily - Issuu