Daily News Wrap

Following are the leading news from media across Macau today:

  1. The organiser of this year’s Global Gaming Expo (G2E) Asia, a casino industry trade fair and conference due to be held in Macau from May 19 to 21, has told GGRAsia that “at the current stage” there is “no change of plan” regarding the show. GGRA
  1. “Cabin fever” linked to China-wide calls for citizens either to stay indoors or work from home during the coronavirus episode could lead to Chinese consumer demand for trips to Macau to rebound quickly post-crisis. That is provided the mainland authorities again start issuing – in a timely way – outbound travel permits. So said brokerage Jefferies Hong Kong Ltd, in a Thursday note. GGRA
  1. A straw poll by GGRAsia on the Macau government’s efforts at controlling the coronavirus infection – including a 15-day shutdown of the city’s casinos – has produced some positive feedback. GGRA
  1. The Secretary for Economy and Finance has preliminarily confirmed that Macau Pass will be designated to assist with the distribution and management of the government’s e-coupon initiative, because its existing infrastructure makes the payment network the quickest way to get money into the hands of small businesses. MDT
  1. The Philippines is considering lifting a travel ban to Macau and Hong Kong that has already inconvenienced several hundred migrant workers working in both special administrative regions. MDT
  1. The Macau Trade and Investment Promotion Institute (IPIM) has launched a survey to assess the effect of the Covid-19 outbreak in the meetings, incentives, conferencing, exhibitions (MICE) industry. MDT
  1. A new confirmed case of COVID-19 has been added in Zhuhai. The patient had previously  entered Macau and stayed for one week. TDM
  1. Secretary for Finance and Economy, Li Weinong, said that the government is studying possible further measures for managing the flow of people across its borders with the mainland. He said it is difficult to copy to the measures Hong Kong is currently taking – that people who have been to the mainland must be quarantined for 2 weeks after arrival. At present, there are about 20,000 local Macau residents and foreign employees traveling between Zhuhai and Macao, which makes such a scheme difficult to operate. TDM
  1. Ao Ieong U, Secretary for Social Affairs and Culture said, regarding the plan for setting up a mask production line in the Mainland, the government has not invested in or subsidized any factories. Instead, the government will purchase masks from the factories in the form of a procurement order. The cost will also be cheaper than current global procurement. TDM
  1. Secretary of Finance and Economy, Lee Wai Nong, said he has been actively communicating with the Chinese General Chamber of Commerce and SMEs, hoping they will use the government’s support mechanism to retain employees as much as possible. In case of a last resort, employers must protect employees’ rights and interests in accordance with the law. The affected employees can immediately contact the Labor Bureau, and the Bureau will assist the affected employees to find matching jobs. TDM
  1. About 14.6 million facemasks have been sold in a total of three rounds of sales arranged by the government, with around 4 million sold in the third round within four days. MDN 
  1. After giving away 10GB of mainland data to all users for free in January, China Telecom once again announced new measures, starting in February, all local monthly plans will be upgraded free of charge to cross-border data plan. This will greatly reduce the roaming expenses for Macau residents and foreign employees living in Zhuhai. MDN
  1. Bank of Communications Macau Branch has launched a special SME loan program and relevant measures worth MOP2 billion. MDN 
  1. Salespersons in luxury-goods shops are worried about their future, as commissions have plunged along with sales due to the coronavirus. MDN
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