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The Macau Metro Monitor, October 25th 2010

 

VISITOR ARRIVALS FOR SEPTEMBER 2010 DSEC

September visitor arrivals rose by 8.9% YoY to 1,839,375, slower than the 14.2% growth in August.  Visitors from Mainland China increased by 1.9% YoY to 894,807 (48.6% of the total), with 341,036 traveling to Macau under the Individual Visit Scheme, down by 3.8% from September 2009. Visitors from Hong Kong (598,356); Taiwan, China (101,698); and Indonesia (34,087) grew by 21.5%, 5.5% and 13.3% respectively, while those from Japan (40,547) decreased by 9.4%.

THE M3: MACAU VISITOR GROWTH SLOWS; WING CHAO; HIGHER S'PORE INFLATION - MACAU

RECENTLY HIRED LAS VEGAS SANDS' DIRECTOR LEAVES COMPANY TO BECOME ITS ADVISOR macaubusiness.com

Wing T. Chao informed Las Vegas Sands Corp. that he planned to leave the board of directors in order to become a consultant to the company on its design and development projects effective early November.  Chao was elected to the LVS board of directors in July and was a former Walt Disney executive.

S'PORE INFLATION UP BY 3.7% Strait Times

In September, Singapore's inflation climbed 3.7% YoY to a 20-month high, due to higher transport, housing and food costs.  The Monetary Authority of Singapore (MAS) had said that with the economy nearing full employment, labor costs and food prices will continue to rise and that inflation could be around 4% by the end of 2010 and stay high in 1H 2011.