MOP 6.00 Closing editor: Luís Gonçalves Publisher: Paulo A. Azevedo Number 666 Friday November 14, 2014
On course for golf only
C
Year III
aesar’s Golf course is here to stay. The Urban Planning Committee proposes that the prime 70 hectare site near the Cotai Strip retain its designated use. Speculation had been rife that the last chunk of open space in the area was under threat. You guessed it: another hotel-casino resort. US conglomerate Caesars sold the property at a loss a year ago. The property owner could submit other plans in 2 years, though . . . PAGE
2
TransAsia profits up 30 pct in 3Q PAGE 3
Civil servants’ salary hike only partly linked to inflation PAGE 5
Public transport support ready for late night crossing, says Carion PAGE 5
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HSI - Movers November 13
A painful half-year more SJM CEO Ambrose So admitted it yesterday. High roller gaming revenue is on to a hiding. And will not turn around within six months. Chinese President Xi Jinping is escalating his anti-corruption drive. And likely visiting the territory next month. Add the disruption of the Macau Grand Prix and heavy hitters are expected to head for the hills, say the gurus
www.macaubusinessdaily.com
PAGE 6
Economic suspense
Name
Reinventing Nam Van It was once the Bar Street. Nam Van Zone E is now to get a new lease of life. IACM proposes it serve as an ‘art and cultural leisure centre’. The Civic and Municipal Affairs Bureau plans a space ‘for sharing and communicating themes related to the arts and culture’. Shops, small theatre, dance studios, multi-function rooms, information centre and food area will feature
PAGE
%Day
Galaxy Entertainment
3.13
Tingyi Cayman Island
3.11
Cathay Pacific Airwa
2.88
Hengan International
2.82
Ping An Insurance Gr
2.02
China Shenhua Energy
-1.17
China Resources Land
-1.27
Kunlun Energy Co Ltd
-1.79
China Mengniu Dairy
-1.97
PetroChina Co Ltd
-2.43
Source: Bloomberg
I SSN 2226-8294
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Growth in China slowed to 7.3 percent in Q3. A very intriguing end to the year as the 7.5 target seems increasingly elusive. More economic tweaking ahead
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