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THE MACAU METRO MONITOR, AUGUST 27, 2013

MONTHLY BREAKDOWN OF PASSENGER MOVEMENTS Changi Airport

Singapore's Changi Airport reported a 4% rise YoY in passenger movement in July 2013.

THE M3: JULY CHANGI VISITATION; JOCKEY CLUB; HOTEL SUPPLY; UNEMPLOYMENT - CHANGI

LOSS-MAKING JOCKEY CLUB CLOSES FOUR BETTING CENTRES Macau Business

The Macau Jockey Club will close four of its seven off-course betting centres next month.  The club did not offer a reason but the Gaming Inspection and Coordination Bureau told the newspaper: “The Macau Jockey Club has responded to the needs of the community by removing several off-course betting stations away from the residential areas.”  The bureau denied it had ordered the closures.

 

ELEVEN HOTELS UNDER CONSTRUCTION, 27 MORE PLANNED Macau Business

Eleven hotels in Macau were under construction at the end of 2Q 2013, the Lands, Public Works and Transport Bureau says.  The bureau says another 27 hotel projects are pending approval from the government.  The 11 hotels under construction will add another 6,200 rooms to the city’s inventory.  Three of those hotels being built in Cotai will add the bulk of the rooms, some 5,326 rooms.  The 27 hotels at the planning phase would add another 16,700 rooms.

MACAU EMPLOYMENT SURVEY FOR MAY-JULY 2013 DSEC

More people were looking for work during the Summer Holiday, causing the unemployment rate for May-July 2013 to increase slightly by 0.1% from April-June, at 1.9%.  Total labor force was 366,000 in May-July 2013 and the labor force participation rate stood at 72.6%.  Total employment reached 359,000, up by 1,900 from the previous period.  Analyzed by industry, employment in the Construction sector posed a marked increase of 1,500.