Tag: latest news
No plans to bring non-resident foreigners back yet
Macau chief executive Ho Ian Seng has told lawmakers that there are currently no plans to relax restrictions on non-resident foreigners from entering Macau.
Casino Rio accused of pressuring staff to resign
Casino Rio, a satellite casino under Galaxy Entertainment Group, has been accused of using pressure tactics to coerce a group of employees to resign in order to avoid severance pay.
Macau Q1 Tourism Price Index down 2% from Q4
Macau's Tourist Price Index fell 15.16 percent year-on-year in the first quarter and was down 2.05 percent from the final quarter of last year, mainly due to a drop in hotel room rates.
Macau launches subsidised “staycations” to boost tourism industry
Macau kicks off its "Stay, Dine and See Macau," initiative from Thursday, which offers subsidies to local residents to stay in hotels and enjoy group tours.
APAC to get 820 more hotels in 2021, more in pipeline
Despite Covid-mandated travel restrictions, the number of new hotels will continue to expand in 2021 with 820 hotel projects and 190,332 rooms due to go live in the Asia Pacific region.
HLIB sees long-term positive growth for Genting Malaysia, ups rating
Hong Leong Investment Bank Research has added its voice to analysts predicting a strong longer-term comeback for Genting Malaysia, upping its rating from a "hold" to a "buy."
Phnom Penh, Takhmao placed under two-week lockdown
Cambodia's capital Phnom Penh and neighbouring Takhmao will be placed under lockdown from two weeks from today to help curb the spread of Covid 19.
Macau moves towards digital currency, threatening junkets
Macau's Chief Executive Ho Iat Seng has said the government will work closely with China's China's central bank on a feasibility study on adopting a digital yuan, which will help it to combat money laundering and tax evasion.
Macau mulls extending tourist incentive scheme to wider Asia
Macau chief executive Ho Iat Seng said that the government is considering extending an incentive scheme to tourists from Southeast Asia in order to...
Vietnam puts casinos on conditional list for foreign investors
Vietnam has placed casinos on a list of 59 business sectors in which conditions are placed on foreign investment.
TRENDING ARTICLES
Three Macau operators suspend China customer service ops.
Three Macau operators have suspended customer services operations in Mainland China for fear of falling foul of a new law that makes it a criminal offence to lure Chinese to gamble outside of the country. There is some ambiguity as to whether Macau would be considered as outside of China's borders.
Bloomberry COO says challenges have made Solaire more resilient
Bloomberry Resorts' Solaire Resort & Casino is marking its eighth birthday, with Chief Operating Officer Thomas Arasi saying that the "challenges we faced have made us more resilient during great adversity and uncertainty."
MGM organizes green buildings development seminar
MGM recently held the “Seminar on Technology Application and Development of Green Buildings in China and Macau”.
Macau VIP constrained by supply issues in 21Q1
VIP GGR in Macau during the first quarter held at around 20 percent of pre-covid-19 levels according to a note from JP Morgan on Wednesday.
No plans to bring non-resident foreigners back yet
Macau chief executive Ho Ian Seng has told lawmakers that there are currently no plans to relax restrictions on non-resident foreigners from entering Macau.