MOP 6.00 Closing editor: Joanne Kuai
F
ull up. That’s the basic message from an IFT study. The Institute for Tourism Studies says Macau’s capacity to absorb visitors probably reached saturation point in 2014. Some 90,000 visitors a day descend on the territory. With both visitors and tourists now expressing negative sentiments. Diversifying the source of tourists, staggering visitation throughout the year, and visa controls are primary options. Replacing Golden Week with paid leave, as mulled by the central government, would almost automatically lead to more even distribution, it is mooted Page 2
Year III
Number 758 Friday March 27, 2015
Publisher: Paulo A. Azevedo
Standing room only
Clean air pledge
Proactive Macau Pass Prospering
Clean air. It was the major topic at the 2015 Macau International Environmental Co-operation Forum and Exhibition. This year, the event is themed ‘Green Economy - Solutions for Clean Air’. MSAR CE Chui Sai On pledged to strengthen the control of urban pollution. And increase relevant measures to improve the city’s air quality
Sonia Chan: Evaluation of officials’ performances to be conducted Page 2
China Star’s HK$2.23 billion land deal terminated Page 6 Brought to you by
HSI - Movers March 26
Name
Page
4
Very Interesting Percentages
www.macaubusinessdaily.com
It’s not just Macau. VIP gamblers are spending less everywhere. A Morgan Stanley report says junkets are getting better commissions in other Asian markets. While competition from Australia and Korea is diverting high rollers. But the figures are residual. Macau still owns more than 60 pct of the global VIP market Macau Pass has floated several ideas. It aims to enable its smartphone application users to pay for utility bills next month. The stored-value card issuer is also talking with Tradelink to develop platforms for online shopping. And is in negotiations with China’s online shopping giant Alibaba Group. Regarding top-up value functions, “our goal is to collaborate with all the major banks here,” says management
Page
3
%Day
China Mengniu Dairy
9.79
Kunlun Energy Co Ltd
2.58
CNOOC Ltd
1.54
Want Want China Hol
1.52
BOC Hong Kong Holdin
1.46
China Life Insurance
-1.07
China Unicom Hong Ko
-1.20
Tencent Holdings Ltd
-1.33
Li & Fung Ltd
-2.00
Lenovo Group Ltd
-2.08
Source: Bloomberg
I SSN 2226-8294
Page 5
First Chinese private bank Minshang Bank opened its doors yesterday. Becoming the first private entity in China to play such a role. The business pioneer city of Wenzhou houses HQ and is targeting SMEs
Page 10
Brought to you by
2015-3-27
2015-3-28
2015-3-29
18˚ 23˚
19˚ 24˚
20˚ 25˚