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Macao News. Service for global professionals. Constantly updated news and information about China.
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Latest Macao News

  • Macao: not only a gambling city 15 Dec 2009 01:10 GMT
    ... Although widely-known as a gambling city, Macao is also rich in cultural heritage, according ... Chen Zhijie, director of the Association of Macau Tourist Agents, told China.org.cn in an exclusive ...

  • Macao leader thanks mainland for 'solid backing' 15 Dec 2009 00:26 GMT
    ... During an interview prior to the 10th anniversary of Macao's return to the motherland, Ho thanked the central government for its solid backing to ...

  • Ricciardo's foot off the accelerator 15 Dec 2009 00:20 GMT
    ... British F3 championship. There have been few hiccups, with a crash in last month's Macau Grand Prix one of the only blips in a break-out year. Ricciardo became a ...

  • 2010 F1 grid comes into focus as Lotus signs Trulli and Kovalainen 15 Dec 2009 00:07 GMT
    ... Year" award. That same year, Heikki made his F3 debut at the world renowned Macau Grand Prix, finishing 8th. In 2002 Heikki moved on to compete in the British ...

  • China eclipses US in IPOs 14 Dec 2009 21:16 GMT
    ... further afield, such as Sands China, which operates Las Vegas Sands’ three casinos in Macau, and Wynn Macau, its rival. Eight more groups are set to raise a total ...

  • Thais prefer going abroad 14 Dec 2009 21:13 GMT
    ... 30-50%. "There is high competition in the low season. For example, package tours to Macau were as low as 10,000 baht compared to between 20,000 and 30,000 baht normally," ...

  • China markets dominate IPO launches 14 Dec 2009 20:30 GMT
    ... from further afield, such as , which operates Las Vegas Sands’ three casinos in Macau, and Wynn Macau, its rival. Twelve of the 56 companies floated in Hong Kong ...

  • Cable and Wireless names CFO of worldwide arm 14 Dec 2009 19:26 GMT
    ... businesses to pursue their strategies independently. CWI operates fixed-line and mobile operations in Panama, Macau, Channel Islands and some Caribbean Islands. Republication or redistribution, including by framing or similar ...

  • Soren Ravn new MD of Carlsberg Malaysia 14 Dec 2009 18:46 GMT
    ... effect from March 1 2010. Ravn, the managing director of Carlsberg Hong Kong & Macau, will replace Soren Holm Jensen who will take up a senior managerial role at ...

  • Lotus confirms Trulli, Kovalainen for 2010 14 Dec 2009 17:35 GMT
    ... Year" award. That same year, Heikki made his F3 debut at the world renowned Macau Grand Prix, finishing 8th. In 2002 Heikki moved on to compete in the British ...

  • Stock Footage Royalty Free Timelapse in HD, 2K, 4K from the Hague, in the Netherlands 14 Dec 2009 17:34 GMT
    ... Marseille, Paris - France London - England Berlin, Frankfurt, Munich - Germany Hong Kong, Macau - China Milan, Rome, Venice - Italy Cairo, Giza - Egypt Bern, Jungfrau, Zermatt-Matterhorn, ...

  • Xinhua China News Digest at 16:00 GMT, Dec.14 14 Dec 2009 17:22 GMT
    ... Xinhua China News Digest at 16:00 GMT, Dec.14 ... Energy Administration (NEA) announced Monday. * PROFILE: Macao SAR's outgoing chief executive Edmund Ho Hau ...

  • Macao embraces improving public order over past decade 14 Dec 2009 16:08 GMT
    ... According to Cheong, the SAR security department moved ... organizations and arrested their heads soon after Macao's return, which helped improve public security in ...

  • Better access to RMB biz in Macao's banking sector 14 Dec 2009 16:08 GMT
    ... In addition, the scope of designated merchants who are ... allowed to exchange RMB for Pataca from Macao banks will also be extended. The document ...

  • Carlsberg Malaysia names new MD 14 Dec 2009 16:07 GMT
    ... post in the parent's headquarters. Ravn was managing director of Carlsberg Hong Kong & Macau, it said in a statement today. The Malaysian appointment takes effect March 1, it ...


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Markets

Exchange Rates:

Chinese Renminbi:
USD 1 = CNY 6.8284
EUR 1 = CNY 10.0067

Hong Kong Dollar:
USD 1 = HKD 7.7515
EUR 1 = HKD 11.3596

Macau Pataca:
USD 1 = MOP 7.9839
EUR 1 = MOP 11.7002

Taiwan Dollar:
USD 1 = TWD 32.2970
EUR 1 = TWD 47.3303

USD 1 = EUR 0.6824
EUR 1 = USD 1.4655

Closing Stocks:
Shanghai A: 3,464.44(1.72%)
Shenzhen A: 1,278.67(-0.07%)
Hang Seng: 22,084.96(0.83%)
Taiwan Taiex: 7,819.13(0.31%)

Country Info About China

Visit the World Factbook for detailed information about China.
 

This Day in History

Dec. 15

U.S. President Jimmy Carter announced he would establish diplomatic relations with China and break off relations with Taiwan from January 1, 1979.
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