WSJ: GAMING RECOVERY SURVEY: EUROZONE ECONOMY SPORTING UNLIKELY SET FOR ROBUST YEAR PLAYERS The Wall Street Journal predicts The Eurozone’s economy is poised for a year of “robust expansion” INSPIRE that the gaming situation in Macau is set to deteriorate following its best quarterly STUDENTS further in 2016 performance in 4 1/2 years P3 MDT REPORT P3 P15 THU.07 Jan 2016 T. 16º/ 23º C H. 55/ 85% Blackberry email service powered by CTM MOP 7.50 2472 N.º HKD 9.50 FOUNDER & PUBLISHER Kowie Geldenhuys EDITOR-IN-CHIEF Paulo Coutinho “ THE TIMES THEY ARE A-CHANGIN’ ” WORLD BRIEFS H-BOMB TEST AP PHOTO World, China condemn CHINA Rescuers have dug out dozens of bodies from a massive landslide that North Korea ‘provocation’ P10,11 occurred at a construction waste dump in Shenzhen more than two weeks ago, bringing the death toll to 58, AP PHOTO authorities said yesterday. The city government said authorities had identified 52 of the 58 bodies and that an additional 25 people remain missing. CHINA “Anti-corruption campaigns hurt high-end luxury consumption, but mid-end luxury is more affordable for the middle class, and it will gain traction in China,” said Larry Hu, head of China economics at Macquarie Securities Ltd. in Hong Kong. Investors are looking at a big trend of moving towards a more service- and consumption- driven economy in the mainland. More on p9 AP PHOTO BANGLADESH The top court yesterday upheld a death sentence given to the leader of Bangladesh’s largest Islamist party for atrocities and multiple killings he committed during the nation’s independence war against Pakistan in 1971. The verdict came as a wave of deadly assaults late last year on foreigners, secular writers and members of the Shiite community intensified. IRAQI officials say the Islamic State group has stepped up attacks on the western town of Haditha, where 45 Iraqi security forces and Sunni tribal fighters have been killed in Angela Leong confirms clashes over the past three days. P3 More on backpage HKD99.7 million junket theft 07.01.2016 thu th Anniversary 2 MACAU 澳聞 Macau Orchestra returns to Beethoven HE Macau Orchestra is set to play instruments, representing the work Ta chamber music concert titled in a “clear, soft and elegant way.” “All About Beethoven” at Dom Pedro The concert, which will commen- V Theatre on Saturday, January 16. ce at 8 p.m., is being held under They will present two iconic ensemb- the supervision and planning of the le works from the influential German Cultural Affairs Bureau (IC). composer, Ludwig van Beethoven. In March last year, the Macau The orchestra will perform Bee- Orchestra held another Beethoven thoven’s “String Quartet No. 14 in concert, titled “Obsessed with Bee- C-sharp minor,” composed origi- thoven,” which featured two pieces: nally in 1826, which the Cultural “Wind Octet in E-flat major” and Affairs Bureau says is both a te- “String Quartet No. 1 in F major.” chnically challenging piece and a Tickets for next Saturday’s show “remarkable and profound work.” are now available to the public and Also planned for the night is ano- can be purchased at Macau Ticke- ther outstanding piece from the ting Network outlets. They are pri- German composer, titled “Serena- ced at MOP120 and MOP100. For de for Flute, Violin and Viola in D more information, interested par- Parents praise Major.” The piece features a delica- ties can visit the Macau Orchestra’s te combination of the three musical website: www.icm.gov.mo/om. DSEJ’s centralized STATISTICS Currency in circulation fell application 1.7 percent in November HE Education and It’s much quicker and ceived 1,900 applicants on TYouth Affairs Bureau’s more efficient,” a parent the day the system was lau- CCORDING to information centralized application told TDM. nched. Areleased last week by the Mone- procedure for first-time In previous applications, DSEJ’s representative, tary Authority of Macau, broad mo- kindergarten applicants parents criticized authori- Kong Chi Meng, noted that ney supply continued to fall during started on Tuesday. some parents completed November 2015. Meanwhile, total Parents will no longer the application forms wi- deposits fell faster than total loans, have to queue overnight Parents thin three minutes. causing the banking sector’s overall outside different schools “We have talked to some loan-to-deposit ratio to increase. to apply for admission, as will no parents and they’ve al- The total currency in circulation the central application sys- longer have ready done their research fell by 1.7 percent from last month tem allows applicants to fill after we announced the to MOP469.7 billion. For Novem- te sector saw a marginal increase out their child’s informa- to queue school information on the ber, the share of currency in circu- of 0.1 percent from a month ago tion remotely and choose first of this month. They’ve lation denominated in MOP stood to MOP389.3 billion. Analyzed a maximum of six schools overnight looked into the informa- at 30 percent, while that denomi- by currency, MOP loans amoun- simultaneously. tion and some parents nated in HKD and RMB amounted ted to MOP255.8 billion, while “There is a huge diffe- outside were able to complete the to 50.6 percent and 7.4 percent, loans granted in HKD and RMB rence, as it’s now much different registration process within respectively. The share in MOP in- amounted to MOP255.8 billion and faster and I don’t have three minutes,” said the creased by 0.8 percentage points MOP21.3 billion, respectively. to queue up to different schools to representative. from a month ago, while both HKD On the other hand, external loans schools and get the appli- The application period and RMB were slightly down from slipped 1.3 percent to MOP382 cation form. Before, many apply for ends on January 25, and October. billion, of which almost half was schools would have told parents will be informed On aggregate, resident deposits denominated in USD (MOP189.6 me that all application for- admission about attending school decreased by 1.8 percent from the billion). ms are given out in mid- admission interviews in preceding month to MOP457.7 As such, the loan-to-deposit ratio February, so that you ties for being inconsistent February. Applicants who billion, of which MOP deposits for the resident sector grew by 0.9 don’t even get the form with the distribution and are unfamiliar with the In- increased by about 1 percent. percentage points to 66.9 percent, when you get there. But submission of application ternet can visit DSEJ and Meanwhile, HKD and RMB deposits while the ratio for both the resident it’s different now and you forms. register at one of the four fell 1.9 percent and 5.9 percent, res- and non-resident sectors rose 0.8 can apply for six different TDM’s report stated that counters available in the pectively. percentage points in November to schools at the same time. the bureau had already re- bureau. As for domestic loans, the priva- 90.7 percent. www.macaudailytimes.com.mo DIRECTOR AND EDITOR-IN-CHIEF_Paulo Coutinho [email protected] A MACAU TIMES PUBLICATIONS LTD PUBLICATION MANAGING EDITOR_Paulo Barbosa [email protected] MDT’s Website has logged over CONTRIBUTING EDITORS_Eric Sautedé, Leanda Lee, Severo Portela ADMINISTRATOR AND CHIEF EXECUTIVE OFFICER Kowie Geldenhuys [email protected] 94 million page views DESIGN EDITOR_João Jorge Magalhães [email protected] | NEWSROOM AND CONTRIBUTORS_Albano SECRETARY Juliana Cheang [email protected] since January 1st, 2012 up to today. Martins, Annabel Jackson, Aries Un, Daniel Beitler, Emilie Tran, Grace Yu, Irene Sam, Jacky I.F. Cheong, Jenny Lao-Phillips, ADDRESS Av. da Praia Grande, 599, Edif. 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CONTRIBUTORS_JML Property, MacauHR, MdME Lawyers, PokerStars | NEWS AGENCIES_ Associated Press, Bloomberg, For subscription and general issues: Lusa News Agency, MacauHub, MacauNews, Xinhua | SECRETARY_Yang Dongxiao [email protected] [email protected] | Printed at Welfare Printing Ltd Like us? facebook.com/mdtimes SEND NEWSWORTHY INFORMATION AND PRESS RELEASES TO: [email protected] WEBSITE: WWW.MACAUDAILYTIMES.COM.MO thu 07.01.2016 th Anniversary 澳聞 MACAU 3 JM Holdings execu- tive director Angela GAMING Leong has confirmed that the company filed Sa police report for the alle- ged theft of HKD99.7 million Angela Leong confirms from a junket company ope- rating at L’Arc Macau. Ms Leong confirmed that the case, as reported in the Times HKD99.7 million junket theft yesterday, involves a senior executive at the junket com- pany who allegedly disappea- Angela received a complaint about red with the stolen money. the case on January 3, and subsequently revealed that at She added that the suspected Leong says the BLOOMBERG embezzlement had nothing to least one depositor and inves- do with SJM and that she ex- embezzlement tor claimed the suspect had pects the police investigation illegally raised capital for a to be swift and conclusive. case is junket operator in 2015. However, a MASTV report unrelated to Even before the incident, ga- indicates that the suspect, ming analysts were pessimis- surnamed Chan, was a super- SJM tic about the junket industry’s visor for several of L’Arc’s VIP outlook for 2016.