Macau Business Daily, Oct 29, 2014

Page 1

MOP 6.00 Closing editor: Luís Gonçalves Year III

Number 655 Wednesday October 29, 2014

Publisher: Paulo A. Azevedo

Residential noise fines up to MOP2,000 PAGE 3

Jaime Carion to retire PAGE 5

No smoke without fire

L

ocal labour groups are up in arms. They claim some gaming operators are permitting smoking on premium mass gaming floors. The government is accused of incompetence in enforcing the law. Casino staff say operators are trying to hoodwink them by claiming the government approves. The Health Bureau said it’s ‘paying close attention to the issue of premium mass areas being automatically converted into smoking areas’ Page

5

Pansy Ho lends weight to imported labour

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Name

%Day

Belle International

9.91

Ping An Insurance Gr

3.22

China Shenhua Energy

3.16

Kunlun Energy Co Ltd

2.99

China Mobile Ltd

2.81

China Petroleum & Ch

+0.76

Li & Fung Ltd

-0.32

Swire Pacific Ltd

-0.49

COSCO Pacific Ltd

-0.59

Hengan International

-1.28

Source: Bloomberg

I SSN 2226-8294

Brought to you by

Income supplement reaches MOP15 mln

www.macaubusinessdaily.com

A red 3Q for Melco Crown and SJM

October 28

Page 6

Controlling debt

Artyzen citizenM Asia to open in Hengqin

Local debt has attracted attention in China. The Chinese government has thus unveiled new rules. Authorities want local debt better classified. Institutions must address the issue accordingly.

A meeting of like minds. Hotel operators Artyzen Hospitality, owned by Shun Tak, and Dutch boutique brand citizenM have a JV. And say Hengqin Island has resort destination potential. Artyzen citizenM Asia president Robbert van der Maas told Business Daily: “We’re excited about Hengqin and we’ll operate a hotel there.”

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HSI - Movers

Pansy Ho didn’t mince her words. Labour shortage is the main obstacle restricting the development of Macau tourism. The Vice Chairman and Secretary-General of the Global Tourism Economy Forum said the solution is more foreign workers in the SAR

Sometimes a helping hand is necessary. Property management attracted the largest group of Macau residents to apply for the government’s income supplement scheme in the first half of the year. They accounted for 40 percent of the total. For the first half of the year MOP14.6 million in income supplements was distributed. Some 11 percent less than a year ago

Le Saunda and Belle revenues up in Macau

2014-10-29

2014-10-30

2014-10-31

23˚ 28˚

23˚ 29˚

24˚ 30˚


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