Entries from April 2008

Be An Owner for The Day With The Macau Racing Club

Date April 15, 2008

Arriving at the Jockey Club with style via the member’s entrance, I was whisked to the ultra chic 2nd floor English Bar Room by a beautiful host of The Macau Racing Club. Just in time for the races to commence and surrounded by other owners and members, the excitement was all around. Races running in 30 minutes intervals, whilst we all enjoyed soothing drinks and delicious canapés. For race 5 host took the group downstairs, where we stood in the paddock circle with the horse owners to mingle and see the horses before they went out. We were watching the number 11 in a Class 2 race. I am still sure up to today that due to our cheering, as the grandstands erupted in a roar, our horse edged out in first by a nose. A delicious steak with grilled prawns and many drinks later I was able to return home with a photo of me and my number 11 in the winners portal. A photo I now keep in my office, the day I was the winning owner at the Jockey Club.

Macau Racing Club

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Macau Waiting to Start Land Reclamation Projects

Date April 11, 2008

The government is waiting for approval from the central government in Beijing to begin works on the reclamation land projects which are expected to total an area of around five square kilometers.

The secretary for transport and public works, Lau Si Io, said the project plan is based on that of 2006, which the local government handed to the central government for appraisal and approval, which has now entered the final stage.

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Stanley Ho’s Shun Tak Holding Makes US$128 Million Profit

Date April 11, 2008

Shun Tak, the holding company of gaming and gambling magnate Dr Stanley Ho, said Tuesday that in 2007 it had posted a net profit of US$128 million, which was a rise of 52.7 percent against 2006, a year in which profit totalled US$85 million.

Shun Tak, which has interests in the sea and air transport, hotel and real estate sectors, also said that the number of passengers carried on the Hong Kong- route was 14 million, which was a year-on-year rise of 15 percent.

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Macau Immigration Investment Scheme On Hold for Two More Years

Date April 5, 2008

The investment immigration scheme through buying properties in will not be resumed at least for the next two years, according to government sources.

The Jornal Va Kio reported that the Government has no intention to review the decision, announced by the Chief Executive Ho Hau Wah during the Legislative Assembly’s question time on 3 April 2007, but it does not mean that such scheme has been terminated on a permanent basis.

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Macau Has Record 27 Million Visitor Arrivals for 2007

Date April 5, 2008

registered a record high of 26,992,995 visitor arrivals in 2007, up by 23% over 2006; visitors from Mainland China and Hong Kong accounted for 55% and 30% of the total respectively. Mainland visitors travelled to under the Individual Visit Scheme totalled 7,165,203, up by 24%. Visitor arrivals in package tours rose notably by 45% to 4,233,714.

In 2007, the number of residents travelled in package tours dropped by 22% over 2006 to 212,107 and those travelled under individual arrangements using services provided by travel agencies increased by 4% to 386,927.

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Melco PBL Tops Out Hard Rock Hotel and City of Dreams

Date April 1, 2008

PBL () Limited topped out the and the main podium of its mega-project City of Dreams in , today.

City of Dreams

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