Entries Categorized as 'Hengqin Island'
November 15, 2007
The Macau construction sector registered significant increase in all principal indicators in 2006 that was underpinned by the various large-scale construction projects in progress. In 2006, there were 1,600 establishments operating in licensed construction works, an increase of 181 establishments over 2005.
Number of persons engaged rose by 58.5% to 25,339. Gross output (total value of construction works performed and other receipts) and gross value added amounted to MOP40.36 billion and MOP7.34 billion respectively, up notably by 106.7% and 148.5% over 2005.
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Posted in Condominium, Construction, Design & Construction, Development, Hengqin Island, Macau Property, Macau Real Estate 
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October 30, 2007
May 24, 2007
After Lisbon, Luanda, Maputo and Praia, the capital of Guinea Bissau, Bissau could be the next step for Macau businessman Stanley Ho and his holding company Geocapital, created in order to invest in Portuguese-speaking countries.
The “king” of Macau and Lisbon’s gaming sector is focused on Caravela Island, in the Bijago’s archipelago, which is considered by UNESCO to be an Ecological Biospheric Reserve, where Ho wants to set up a tourist resort with a casino, according to the Africa Monitor newsletter.
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Posted in Construction, Economy & Business, Employment, Hengqin Island, Macau Property, Macau Real Estate, Shopping, eSun No Comments »
March 5, 2007
In January 2007, Macao’s total value of exports amounted to MOP1.70 billion, down 17.6% over the same month of 2006. Among this, the value of domestic exports dropped 33.4% to MOP1.13 billion, and the value of re-exports increased 55.6% to MOP571 million. Total value of imports amounted to MOP3.25 billion, up 23.8% year-on-year. (MOP 8 = US$1)
Macao’s trade balance registered a deficit of MOP1.55 billion, with the exports/imports ratio decreased from 78.5% in January 2006 to 52.3%.
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Posted in Economy & Business, Hengqin Island, Macau Business, Macau General, Macau News, Social and Politics No Comments »
February 14, 2007
Wall Street expects Macau casino revenue, which hit $7 billion in 2006, to grow to anywhere from $10 billion to $15 billion in 2010. The Vegas strip of mega-resorts generated $6.69 billion in gambling revenue last year. Las Vegas Sands Corp, will be opening “The Venetian Macao” resort that shares the name of its Vegas casino and will be one of the first examples of a project that duplicates the glitz of the U.S. gambling capital in the only place to allow casinos in China.
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Posted in Cotai Strip, Hengqin Island, Las Vegas Sands, Macau Tourism, Sands Macau, Venetian Macao, Wynn Resorts No Comments »
January 15, 2007
“Contrary to earlier reports, it seems that approval still has to be given to Las Vegas Sands. Shares of casino operator Las Vegas Sands Corp. have shot up on a misleading report that the Chinese government had given the green light to a Sands resort complex on an island neighboring the gambling enclave of Macau.
Las Vegas Sands, the world’s biggest casino-operator by value, said a Chinese city government has set up a committee to review a planned $2 billion resort on an island near Macao.
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Posted in Development, Hengqin Island, Las Vegas Sands, Macau Business, Macau Property, Macau Tourism, Sheldon Adelson No Comments »
November 2, 2006
And up and up the numbers go, a whopping 39% increase over the last quarter! Sheldon Adelson surely is laughing all the way to the bank! It will be interesting to see what Wynn Macau results will be, of course with Stanley Ho’s SJM we will never know!
We also mentioned earlier about the Hengqin Island project and as you can see in this report by Bloomberg, Las Vegas Sands have set aside a cool US$2 billion for this development!
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Posted in Construction, Cotai Strip, Economy, Hengqin Island, Las Vegas Sands, Macau Business, Macau Gaming, Macau General, Macau News, STDM | SJM, Sands Macau, Stanley Ho, Venetian Macao, Wynn Macau No Comments »
