News wrap: 3/24/2020

  1. Macau has confirmed a 25th case, a pilot of Air Macau, a 41-year-old Indonesian whose wife and child were previously confirmed cases (#14 and #17). The 15 imported cases remain in hospital, and all are showing mild symptoms. GOV
  2. Grand Lapa, with 435 rooms, has been taken over as the eighth hotel to be used for quarantine purposes. GOV
  3. The Office of the President of the Court of Final Appeal (TUI) issued a statement yesterday warning citizens about existing legal precedents on previous cases regarding appeals against mandatory isolation measures enforced by the local health authorities. It noted they have ruled in the past few years on at least four cases, all of which were decisions in favor of the government. MDT
  4. The brokerage arm of Jefferies Group LLC says it has upped its 2020 forecast for contraction in Macau casino gross gaming revenue (GGR) by 29 percentage points, “to reflect global economic slowdown with heightened awareness of social distancing and visa/travel restrictions”. In a Monday memo, Hong Kong-based analyst Andrew Lee said the institution now estimated Macau’s 2020 GGR would decline by 45.0 percent year-on-year. The brokerage thinks the first half will drive the slump, with a dip of 62.9 percent, with some easing in the second half, to 26.2 percent year-on-year deterioration. GGRA 
  5. The 11th International Development Informatics Association conference (IDIA2020) that will take place for three days from tomorrow will be moved to a virtual format to limit health risks to participants. MDT 
  6. Neighboring Zhuhai is also enforcing 14-day quarantine on all those who have been overseas recently. TDM 
Subscribe To Our Newsletter

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our team.

您已成功订阅!| You have Successfully Subscribed!