Spain’s top criminal court fined four former employees of Chinese mega-bank ICBC 22.7 million euros (US$25.5 million) Thursday and handed them brief jail terms for laundering millions of euros for ...
US banking giant Citigroup has indicated that its Citibank Macau branch will cease operations from Monday, 30 June, with the bank stating that it will continue to serve Macau clients through its ...
The Angolan group of Portuguese origin Refriango will start producing drinks in the Democratic Republic of Congo (DRCongo) from January 2025, an investment of $75 million, the company’s chairman ...
Post-Covid momentum continues to surge in the gaming sector, with Macau casinos generating gross gaming revenue (GGR) of MOP 22.13 billion (USD 2.73 billion) in July — a 19 per cent increase ...
Timor-Leste’s economy will slow down and grow by an average of 3.7% in 2025, 2026 and 2027, compared to 4.1% in 2024, according to the World Bank’s (WB) biannual economic report. “That growth will be ...
A man from mainland China has been arrested for allegedly spreading sensational rumours online about a celebrity’s gambling spree in Macau. According to the cyber security arm of the Ministry of ...
As Macau continues to evolve through urban redevelopment, land reclamation, and infrastructure expansion, a small but determined community in Pátio do Espinho is working to preserve something ...
Well-defined public policies (including significant government incentives – purchase subsidies, tax incentives and favourable licensing plates), good government and business planning in creating an ...
Luxury property in Coloane, The 13 Hotel, has been sold to a new owner following several unsuccessful attempts, Macau News Agency confirmed. It was not yet possible to disclose the amount and buyer, ...
2024 saw more cases handled by Macau’s graft buster forwarded to prosecutors than its previous two years, as per an annual report from the Commission Against Corruption (CCAC). Fresh information from ...
Two business men accused of bribery in the controversial case involving two public works officials have had their prison terms shortened once again, this time within a span of two weeks. After a ...
The Macau Judiciary Police (PJ) have reported receiving 18 complaints linked to an online scam that has resulted in losses totalling more than MOP 27 million. According to the PJ, fraudsters establish ...
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