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The Macau Metro Monitor, October 24, 2011

VISITOR ARRIVALS FOR SEPTEMBER 2011 DSEC

Visitor arrivals increased by 17.8% YoY to 2,166,627 in September 2011.  Visitors from Mainland China surged by 39.3% YoY to 1,246,256.  Mainland visitors traveling to Macau under the IVS totaled 449,098, up by 31.7% YoY.   On the contrary, visitors from Hong Kong (582,025); Taiwan (101,047); Japan (35,623) and the Republic of Korea (26,677) decreased by 2.7%, 0.6%, 12.1% and 9.5% respectively; however, visitors from Singapore (23,118) registered a notable increase of 36.2%. 

THE M3: SEPT VISITOR ARRIVALS; CHANGI DATA; S'PORE CPI; INFLATION - visitor

SEPTEMBER BREAKDOWN OF PASSENGER MOVEMENTS Changi Airport Group

September passenger movement at Singapore's Changi Airport increased 12.5% YoY to 3,817,720.

SINGAPORE'S CPI COOLS TO 5.5% IN SEPTEMBER Channel News Asia

Singapore's CPI slowed to 5.5% YoY growth in September, down from 5.7% growth in August.  Economists were expecting a 5.7% print.  The Monetary Authority of Singapore's core inflation rate eased to 2.1% YoY in September, down from 2.2% the previous month.

GOVT PREPARING NEW MEASURES TO FIGHT INFLATION Macau Business

Secretary Tam said the government is preparing a new package of measures, including an increase in food supply sources, to curb inflation in Macau.  Macau CEO Chui Sai On will unveil the full package in the November policy address.