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The Macau Metro Monitor, May 22, 2012

EDWARD TRACY HOPES FOR MORE IMPORTED LABOUR Macau Business

Sands China's CEO and president, Edward Tracy, is hoping the Macau government will soon loosen restrictions on foreign hiring to help the gaming industry sustain growth.  “There’s a political process that has to happen.  My belief is, as long as we develop the next one or two projects, we’ll begin to see some relaxation.  You have a base population of 500,000 and an unemployment rate of 2.1%. That 2.1 is almost zero: those people are probably not looking for a job.”  Tracy says a big worry for him is the 4,000 positions he’d like to fill at Sands China Ltd.

MONTHLY BREAKDOWN OF PASSENGER MOVEMENTS Changi Airport Group

Passenger traffic at Singapore's Changi Airport rose 12.7% YoY to 4,206,420 in April 2012

THE M3: IMPORTED LABOUR; CHANGI APRIL PASSENGER TRAFFIC - changi2