MOP 6.00
Finally, 4G
Closing editor: Joanne Kuai
CTM is to launch its 4G network within two months. So says the telecommunication operator. Some HK$600 mln has been invested to construct the network. Expectations are high of the service and charges. While competition mounts
Year IV
Number 864 Monday August 24, 2015
Publisher: Paulo A. Azevedo
Page 5
Gaming Related Crime on the Rise
Gaming related crimes are skyrocketing. In the first half of this year, illegal confinement cases more International assets held than doubled. While loan-sharking jumped by more than one third y-o-y. Secretary for Security by local banks jump Page 4 Wong Sio Chak said the situation demanded attention. Although adding that most criminals and victims are not local. Citing a 0.9 per cent y-o-y decline in overall crime, the Secretary said: “We can say that as at this moment the adjustment of the gaming industry has not impacted the Mainland, Macau ink pact to fight money laundering security situation of Macau” Page 4
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3
Lots waiting in the wings
Top IMF official rebuts talk of China crisis
Jetstar Pacific has announced its new Macau-Haiphong route. With the SAR to Ho Chi Minh route commencing September 22. The airline has more plans to expand its business to Greater China. Meanwhile, Macau Interna tional Airport is in talks with other airlines vis-a-vis direct flights to India and Indonesia
Cracks appearing in China’s provincial loan‑guarantee industry
Page 5
All shook up The collapse of Chinese factory activity. Delivering shockwaves around the planet. Friday’s figures were the worst for six and a half years
Pages 8 & 9
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HSI - Movers August 21
Name
Planning Ahead
Time and tide wait for no man. The president of the Legislative Assembly wants the gov’t to hand in its fiscal accounts by May. Giving legislators more time to deliberate upon budget plans for the new fiscal year. Ho Iat Seng said the next term would be a ‘key year’, with seven bills yet to be finalised
Page 2
Henderson Land Devel
+5.53
China Unicom Hong Ko
+3.24
Li & Fung Ltd
+2.74
Link REIT
+2.52
Hengan International
+2.22
Kunlun Energy Co Ltd
-3.34
Tencent Holdings Ltd
-3.38
Cheung Kong Property
-3.62
China Resources Powe
-3.76
Galaxy Entertainment
-4.43
Source: Bloomberg
Interview www.macaubusinessdaily.com
%Day
Viva Vending!
I SSN 2226-8294
Automation is the key. Particularly regarding increased rent and manpower costs. Toro Yu and Neo Van of LG Auto Ltd. say vending machines are the way to go. Hotel and company canteens are keen, they say, while gov’t departments need more persuading. As well as snacks and drinks, cultural products can be retrieved. With increasing options of third party payment sweetening these ‘convenience’ transactions
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