Macau Business Daily, Nov 21, 2014

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MOP 6.00 YearYear III IIINumber Number 638 672 Monday FridayOctober November 6, 2014 21, 2014 Publisher: Publisher: Paulo Paulo A. Azevedo A. Azevedo Closing Closing editor:editor: Luis Gonçalves Sara Farr

Caesars’ shares jump on debt proposal to convert unit into REIT > PAGE 7

24-hour border crossing to China D

ecember 18 is the date. It’s been a long time in the works. But now it’s reality. The Lotus Bridge crossing to and from mainland China will open 24 hours. So round the clock access - and egress - to and from Hengqing. The other crossings, including crowded Gongbei Port, have had their times extended by up to two hours. This ahead of the 15th anniversary of the establishment of the MSAR on December 20 Page 2

Macau’s appetite for foreign currency deposits grows Page 5

Time to liquidate? Judge asks Trump casino

End of gold rush era

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HSI - Movers

Reality check time. Jewellery retailers are licking their wounds. Last year’s ‘Gold Rush’ has petered out, with declining sales the proof. Many mainland Chinese visitors bought in but conspicuous consumption is out

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Factories faltering The Chinese factory sector has seized up. Output returned to 6-month levels and concerns have surfaced once more. Analysts forecast more government intervention in the economy to correct weak trends

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November 20

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Taking public opinion on board

%Day

China Mengniu Dairy

2.94

CNOOC Ltd

1.95

Tencent Holdings Ltd

1.05

China Petroleum & Ch

0.97

PetroChina Co Ltd

0.83

China Merchants Hold

-1.35

Galaxy Entertainment

-1.47

China Resources Ente

-1.52

CITIC Ltd

-1.53

China Resources Land

-1.64

Source: Bloomberg

I SSN 2226-8294

The consultation conclusions are clear. The public approves of undercover officers keeping tabs on taxi drivers. This in the wake of increasing complaints. The new taxi law will include provision for such agents. And the flag fall rate will increase by MOP2 to MOP17. The draft bill is expected to be finalised by the end of the year Page

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