MOP 6.00
Hitting the ground running
Year III
Number 659 Tuesday November 4, 2014
Publisher: Paulo A. Azevedo
Closing editor: Sara Farr
Samsonite net sales increase in Q3 Page 2 | Gaming braces for worst revenue drop Page 6
T
he Hengqin 33. Approved Macau investors will occupy 4.5 square kilometres of land known as the Guangdong-Macau Cooperation Industrial Park. Designated for tourism and leisure, cultural and creative, IT and trade services. But will not be subject to rising land costs. Well placed sources tell Business Daily it’s a special policy to promote the development of Macau enterprises on the island Page
3
Gold rush effect hangover for Tse Sui Luen Page 2
AMCM to further diversify investment portfolio Page 5
Brought to you by
Straight from the hip
HSI - Movers November 3
Name
www.macaubusinessdaily.com
Not everyone is doing a terrific job in the media. And the government doesn’t owe them a living. Nonetheless, the government provides ‘minimum support’ and ensures press freedom. Hard-hitting Victor Chan, director of the Government Information Bureau, says we live in a capitalist society. And should act accordingly
Black future for yellow cabs
Page
4
%Day
Galaxy Entertainment
1.79
China Resources Land
1.63
COSCO Pacific Ltd
1.57
China Merchants Hold
1.22
China Overseas Land
1.11
China Unicom Hong Ko
-1.72
Kunlun Energy Co Ltd
-1.75
China Resources Powe
-2.44
China Shenhua Energy
-2.52
Want Want China Hol
-2.65
Source: Bloomberg
I SSN 2226-8294
Growing pains
Remuneration issues. Another industry has been hit by employee demands. This time it’s the yellow taxis, who shut down on Thursday. Management says the government hasn’t come to the table on basic issues. While a consumer group lambasts the government for essentially giving the public 4 days’ notice of cessation of service
Page 2
The Manufacturing Purchasing Managers’ Index. The survey all economists consult. A better than expected outcome has emerged. But it still can’t hide the fact that services sector growth has had a bumpy ride this year
Pages
8&9
Brought to you by
2014-11-04
2014-11-05
2014-11-06
20˚ 27˚
21˚ 28˚
22˚ 27˚