MOP 6.00
Explosive Issue
Closing editor: Joanne Kuai
Better safe than sorry. Secretary for Transport and Public Works Raimundo Rosário says it’s a case for the Commission Against Corruption. The tangled land swap related to Iec Long Firecracker Factory in Taipa and Shun Tak Holdings Ltd. is far from straightforward
Year IV
Number 854 Tuesday August 11, 2015
Publisher: Paulo A. Azevedo
Page 2
Secretary Leong Pushes e-Commerce
Online payments via third parties. A contentious issue which the Secretary for Economy and Finance DSE approves 504 wishes to resolve through legislation. Lionel Leong also revealed that Macau is in negotiations applications for Young Entrepreneurs Aid Scheme with neighbouring Guangdong Province to usher in the speedier development of e-commerce. Page 4 At yesterday’s Legislative Assembly, he also referred to the new budget framework law. Cross-border online Improving gov’t transparency through increased reporting to the AL Page
2
More solid bricks Up, down, stable. The roller coaster continues. The China property market is set to recover in the second half of the year. This, according to a statement released by the National Development and Reform Commission
Page 8
gambling gang busted in NE China
Page 6
Chinese health system reform still sluggish
Page 10
Premier Li shapes a quantitative easing policy with Chinese characteristics
Page 9
HSI - Movers August 10
Name
Imported labour increasing
Sands China Ltd
+3.98
China Merchants Hold
+3.37
China Unicom Hong Ko
+3.18
Hong Kong Exchanges
+2.83
It’s creeping up. Macau’s population stood at 642,900 as at June. The 2,200-person increase is attributed to more non-resident workers and fewer recorded mortalities. There were 3.2 pct more non-resident workers Q-on-Q, accounting for 180,523 people in all
China Shenhua Energy
+2.81
Hang Lung Properties
-1.65
Hang Seng Bank Ltd
-1.68
Wharf Holdings Ltd/Th
-2.07
Kunlun Energy Co Ltd
-2.37
Belle International Ho
-3.03
Page 3
www.macaubusinessdaily.com
%Day
Smoke Alarm It may be purely academic. But local scholars believe Las Vegas-themed casinos in Macau have the edge when it comes to smoking ban news. Finding that their resilience in the stock market trumps that of the other casinos. Meanwhile, 244 people were prosecuted for smoking in local casinos during the first seven months of the year
Page 5
Gaming
Austere Response
Source: Bloomberg
I SSN 2226-8294
Cost-cutting’s off the menu for now. So says SJM executive director Angela Leong On Kei. Although the company’s operational expenses will be closely monitored. The company’s Lisboa Palace project on Cotai is progressing as planned, she says
Page 4
2015-8-11
2015-8-12
2015-8-13
27˚ 32˚
27˚ 32˚
26˚ 30˚