Macau Business Daily, Jan 30, 2015

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MOP 6.00 Closing editor: Luís Gonçalves Publisher: Paulo A. Azevedo Number 719 Friday January 30, 2015 Year III

Smoke Free: Secretary puts his cards on the table

S

moking bans. They’ve been introduced piecemeal over the years. But it now looks like a blanket ban in casinos will be a reality. Regardless of gaming industry or investors’ concerns. Yesterday, Secretary for Social Affairs and Culture Alexis Tam resolutely declared the govt’s “determination” to enact legislation. He said the health of gaming workers, residents and visitors was paramount. An increase in tobacco tax and heftier fines for smoking in banned venues are also on the horizon PAGE

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Sands China profits tumble

IGT revenues drop 17 percent PAGE 7

Sands China profits dropped 15 pct in Q4. Retreating VIP gamblers are thought to have been influenced by the current anti-graft campaign. The US$713 million in profits was short of market expectations with profit margins still under pressure. Sands China chairman Sheldon Adelson visits Macau next week

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Chang Meng Kam questions delay of 4th cross-sea link PAGE 7 New amusement facilities for Chimelong PAGE 6 Mainlanders caught in illegal UnionPay scheme PAGE 3

HSI - Movers January 29

Name

Retail revolution

www.macaubusinessdaily.com

Revitalisation of old districts. The gov’t wants it, and so does a new breed of entrepreneur. New shops featuring local and overseas creative cultural brands will open near Macau’s iconic landmark on Sunday. The company behind the project favours unique brands with potential. Providing items Macau hasn’t experienced before. Rua de Nossa Senhora do Amparo and Patio de Chon Sau are the main areas for 12 new shops, six rented at 40 pct discount

Happy together That’s nice. A Taiwanese Government census has detected romance in the air. The majority of Macau-born people living in Taiwan and married to locals are very content. Despite their average household income being less than half the local average. More than 90 pct of Macau expats in Taiwan say they’re happy on Ilha Formosa

%Day

Hengan International

3.56

MTR Corp Ltd

2.67

China Mengniu Dairy

1.72

Bank of East Asia Lt

1.10

China Mobile Ltd

0.87

CNOOC Ltd

-2.49

Lenovo Group Ltd

-2.71

China Overseas Land

-3.78

China Resources Land

-3.81

China Resources Powe

-4.17

Source: Bloomberg

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Double link in Autumn

Brought to you by

Nothing like a good idea. Hong Kong Stock Exchange will implement a link with Shenzhen Stock Exchange. Probably in the second half of the year. They hope to replicate the Shanghai market link success

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2015-1-30

2015-1-31

2015-2-1

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