THE M3: MACAU STUDIO CITY; MAY CHANGI DATA; CPI

The Macau Metro Monitor, June 20, 2011

MACAO STUDIO CITY TO DEVELOP FILM PRODUCTION PROJECTS Macau Daily News

In response to the report on ownership change in Macao Studio City (MSC), the Office of the Secretary for Transport and Public Works reiterated that the MSC project should be strictly consistent with the government's revised development plan in 2008 and that should include film production projects.  It added that the transfer of shares needs to be handled according to the local laws and that Macau needs to modify some laws to meet social development.

MONTHLY BREAKDOWN OF PASSENGER MOVEMENTS Changi Airport Group

Passenger traffic at Singapore's Changi Airport grew 11.3% YoY and 1.1% sequentially to 3.77MM in May.


CONSUMER PRICE INDEX FOR MAY 2011 DSEC

Composite CPI for May 2011 increased by 5.19% YoY and 0.66% MoM.  The price index of Recreation & Culture decreased by 1.26% on account of lower charges for outbound package tours.