Retendering21-22

 jan25 Hainan to start independent customs operations by end of 2025 By   Xinhua News Agency  Hainan is intensifying efforts to build itself into a free trade port (FTP), aiming to establish independent customs operations by the end of 2025, according to a government work report presented at the annual session of the Hainan Provincial People’s Congress, which opened on Tuesday. This year Hainan plans to introduce key policies, including a catalog of taxable imported goods, a list of prohibited and restricted items for import and export and customs supervision regulations, the report stated. According to Chi Fulin, head of the Hainan-based China Institute for Reform and Development, the independent customs operations will leverage the province’s strategic geographic location, strengthening its role as a key hub for economic and trade cooperation between China and other member countries of the Regional Comprehensive Economic Partnership (RCEP), and for the development of th...

 jan25 Sands China Ltd has introduced the “Alipay Tap!” payment service to its Macau integrated resorts under a new partnership with Alipay and Macau Pass. “Alipay Tap!” is an innovative payment service introduced by Alipay across mainland China in July 2024, allowing to simply unlock their phones and tap the merchant’s payment device to complete a transaction, without having to open the Alipay app. As part of the first phase rollout of the three-party partnership, “Alipay Tap!” now covers 300 merchants across The Venetian Macao, The Parisian Macao, The Londoner Macao and Sands Macao, including hotels, dining, shopping and ticketing, Sands announced on Tuesday. Allan Chung, Vice President of E-Commerce and Digital Marketing of Sands China Ltd, said, “Sands China is proud to be the first in Macau to offer this innovative payment technology. By deeply integrating it across various business operations within Sands Resorts Macao, we have significantly enhanced the payment experience, m...

 jan25 Remaining land plots in Cotai reserved for commercial use, DSSCU clarifies  Renato Marques, MDT  Monday, January 13, 2025 - 8 hours ago  No Comments  1,188 Views T he Land and Urban Construction Bureau (DSSCU) told the Times that the remaining unused land plots in the Cotai area are designated for commercial use. This information was provided in response to an inquiry from the Times. The area includes several land parcels near the Rotunda Flor de Lotus, between the Macao Union Hospital and the developments of gaming concessionaires. In its response, the DSSCU cited the Urban Master Plan, stating: “According to the ‘Urban Master Plan of the Macau Special Administrative Region (2020-2040),’ the land in question is located in an area designated for commercial use. Detailed plans have not yet been drawn up.” Although DSSCU noted that the final purpose of the land has not been determined, it emphasized that none of these plots will be used for gaming-related d...

feb25 ‘Concert economy’ boosts real estate transactions in Old Taipa  -  Wednesday, February 12, 2025 - 2 days ago  No Comments  2,063 Views M acau’s  concert scene has had a significant impact on the local real estate market, according to Centaline Property. The number of concerts held in Macau has increased significantly in recent years, with an average of three to five concerts per week. This has resulted in a surge of inbound tourists, with over 1.3 million visitors recorded during the recent eight-day Spring Festival holiday, including a record-breaking 219,000 tourists on the third day of the Lunar New Year. “The ‘concert economy’ has driven business for companies around the venues, especially in the Rua do Cunha business district,” the realtor said in a press release. According to data from Centaline, the number of purchase and sale transactions in Taipa last year increased by nearly 60% year-on-year, totaling around MOP642 million. Investors have been pa...