THE M3: MBS SUITS; MACAU EMPLOYMENT

The Macau Metro Monitor, March 27, 2012

 

 

MBS GOING AFTER 21 DEBTORS IN HIGH COURT Strait Times

Marina Bay Sands have filed 21 High Court claims against casino debtors this year.  This is the highest reported for a single quarter since MBS opened in April 2010.  The majority of these debtors are understood to be Malaysians who have failed to respond to reminders to make good on what they owe MBS as a result of bad runs at the gaming tables from 2010.

 

EMPLOYMENT SURVEY FOR DECEMBER 2011 - FEBRUARY 2012 DSEC

Macau's unemployment rate for December 2011-February 2012 was flat with the previous period (November 2011-January 2012), at 2.1%.  Total labor force was 346,000 in December 2011-February 2012 and the labour force participation rate stood at 73.2%, same as the previous period.