Word: macau
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...four-member families wouldn't be much to stop and take notice of. But as of this year, Taiwan has the lowest birthrate in the world, with just one baby born per woman. According to the Population Reference Bureau's 2009 annual report, Taiwan has now surpassed both Macau and Hong Kong, which have held the lowest spots on the world chart for the past five years. (See pictures of this year's deadly typhoon in Taiwan...
...college cafeteria than a corner store: chicken fillet with onion and black-pepper sauce, Japanese udon noodles with curry, penne Bolognese. "We've been a snack destination," says Tim Chalk, commercial director of Dairy Farm, which holds the 7-Eleven area franchise for Hong Kong, Macau, Singapore and Guangdong. "We want to be a food destination." (See 10 things to do in Hong Kong...
...That prospect would be a big boost to the casino companies. During the boom years, Macau casinos minted profits at an astonishing rate, but over the past year, the recession has taken its toll on bottom lines. Melco Crown, for example, swung to a loss of $179 million in the first six months of 2009, compared with a gain of $37.5 million in the same period a year earlier. Wynn's Macau operations saw net profit sink 35% in the first half of 2009. CLSA's Fischer, however, believes the industry is set for a turnaround. Cost-cutting measures implemented...
...There could be many more Chinese gamblers around to fill up those new casinos. Part of the reason Macau has suffered over the past year is Chinese government policy. Aiming to cool down what was seen as an excessively heated gambling sector, government officials last year imposed visa restrictions that, at their tightest, limited some Chinese to only one Macau visit every three months. Now analysts believe those limitations are starting to ease, which would allow greater numbers of Chinese to enter the city to gamble. (See pictures of the world's most expensive hotels on LIFE.com...
...happier, healthier Macau is exactly what Beijing wants right now. The 10-year anniversary of Macau's handover to Chinese rule from Portugal arrives in December, and so will a new chief executive to govern the city - a perfect moment to highlight Macau's prosperity under China's control. For Macau, it looks like the chips...