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BUSINESS5d agoMacau ranks sixth globally in services trade development | MACAU DAILY TIMES 澳門每日時報Macau has been ranked sixth globally in services trade development. This highlights Macau's significant performance in the international services trade sector.macaudailytimes.com.mo · Macau
SCI & TECH5d agoMacau , Hengqin launch China first Earth system data exchange centerMacau and Hengqin have launched China's first Earth system data exchange center. This initiative represents a significant development in scientific data infrastructure for the region.macaudailytimes.com.mo · Macau
BUSINESSSep 8Uber to apply for Hong Kong licence by end of October as Macau rides surgeRide-hailing platform Uber will submit its operator’s licence application in Hong Kong by the end of October, its local general manager has revealed, as the city government moves to regulate the service. The platform also said on Tuesday that Hong Kong residents accounted for the largest share of its users in Macau, months after it relaunched in the gaming hub in February following a nearly decade-long absence. “We’re putting our best foot forward, making sure we can comply with the government...South China Morning Post
POLITICSSep 3Modernizing the legal framework for associations in Macau | MACAU DAILY TIMES 澳門每日時報There are efforts to modernize the legal framework governing associations in Macau. This aims to update the regulatory environment for organizations in the region.macaudailytimes.com.mo · Macau
BUSINESSSep 1Macau gaming revenue bounces back after World Cup lullMacau's gaming revenue has recovered following a downturn attributed to the World Cup. This indicates a positive trend in the region's gambling industry performance.Seeking Alpha Tech
POLITICSSep 1Hua Liebing to lead discipline inspection group in Hong Kong and Macau Affairs OfficeHua Liebing, former director of the Public Security Ministry’s economic crime investigation bureau in mainland China, has been appointed to head the discipline inspection and supervision group of Beijing’s top office overseeing Hong Kong affairs. The new appointment was revealed on Tuesday when the Hong Kong and Macau Affairs Office (HKMAO) updated its organisation chart on its website, filling the vacancy left by Geng Changyou last year. It marked another change in the office’s top ranks...South China Morning Post
BUSINESSAug 31Tesla launches lower-priced Model 3 in Hong Kong & MacauTesla has launched a lower-priced version of its Model 3 in Hong Kong and Macau. This move expands the company's market offerings in these regions.Seeking Alpha Tech
BUSINESSAug 28Macau tycoon Lawrence Ho’s family office expands into space sector in de-SPAC dealBlack Spade Capital, the family office of Macau casino billionaire Lawrence Ho Yau-lung, has announced its third de-SPAC deal through a merger with a satellite communications firm, a move granting it access to the space technology sector. Under the agreement, Singapore-based Astrum Space will combine with blank-check company Black Spade Acquisition III (BIII) at an equity value of about US$1 billion. The combined entity, Astrum Space Company, would seek a listing on the New York Stock Exchange,...South China Morning Post
BUSINESSAug 18After years, Macau firm opts out of Hong Kong renewal project, seeks US$153m for siteA North Point redevelopment site is being put on the market for HK$1.2 billion (US$153 million) after its owner, which spent years assembling the ageing property, warned that redeveloping it could result in losses of as much as 30 per cent. The sale offers a rare glimpse into the difficulties facing private developers in Hong Kong’s urban-renewal drive, where lengthy acquisition periods, financing costs and uncertain returns can undermine projects even as the residential market recovers. Cushman...South China Morning Post
BUSINESSAug 4Hong Kong, Macau police arrest 8 over HK$100m Vietnam coffee investment scamHong Kong and Macau police have arrested eight people in a crackdown on an investment scam syndicate that cheated more than 200 people out of nearly HK$100 million (US$12.75 million) by promoting itself as a pioneer of “kinetic coffee philosophy”. The syndicate, operating under the name Fun Coffee, established a presence in Hong Kong last year. Fun Coffee says on its website that it is a coffee investment enterprise based in Phu Quoc, Vietnam, with assets of more than US$1 billion and a team of...South China Morning Post
BUSINESSJul 27Sands China looks to bounce back after World Cup-related lull in MacauSands China aims to recover financially after experiencing a downturn in Macau, which is attributed to a lull related to the World Cup. This suggests an impact on the gambling and tourism industry.Seeking Alpha Tech
SCI & TECHJul 10Hong Kong, Macau central to China’s commercial space expansion, GalaxySpace saysHong Kong and Macau are integral to mainland China’s ambitions to build a globally competitive commercial space industry, according to executives at Beijing-based commercial space company GalaxySpace, as it bets on the two cities to help take its technologies and services overseas. “We have come to realise in recent years that Hong Kong and Macau hold irreplaceable strategic positions and industrial value in the development of China’s commercial space sector,” Xin Yichun, general manager of...South China Morning Post
POLITICSJun 30Mainland China revises criteria for settling in Hong Kong, MacauMainland Chinese immigration authorities are standardising their assessment regime for approving residents to settle in Hong Kong and Macau by replacing the previous points-based system with unified criteria, offering applicants more certainty. The National Immigration Administration announced the new criteria on Tuesday and said it would take effect the following day. The current system calculates points based on factors such as how old an applicant is, the age of their parents or how many days...South China Morning Post
WORLDJun 27China urges easing of travel barriers as Apec tourism ministers meet in MacauChina will strengthen coordination with other countries to remove bureaucratic barriers and make travel more convenient for international tourists, Beijing’s tourism chief has told an Apec meeting attended by ministers from Hong Kong and other jurisdictions. Sun Yeli, China’s minister of culture and tourism, also called for closer cooperation within the Apec community to promote tourism as a regional economic driver. He highlighted that the “high-quality development of cultural tourism” was a...South China Morning Post
POLITICSJun 24US delegation snubs Apec meeting in Macau due to China visa requirements rowThe United States did not send high-level officials to an Asia-Pacific Economic Cooperation (Apec) tourism ministerial meeting in Macau, citing China’s restrictions on American diplomats’ ability to provide emergency consular help. Washington did not send “high-level participants” to the meeting, which runs from Wednesday to Sunday in China’s Macau Special Administrative Region, according to a US State Department statement released on Wednesday. The US had repeatedly asked China to lift the...South China Morning Post