21
City offers best price New boss for Grand Lapa
for mobiles
Mandarin Oriental hotel Group has announced the appointment of Bede Barry as
Macau leads the world by offering the
general manager of the Grand lapa hotel in Macau, which the group manages.
best price for accessing information
The appointment was effective February 1, 2010. Bede Barry has more than 17
and communication technologies
years of international hotel management experience, mostly gained with the hyatt
(IcTs) relative to national income per
corporation. he joined the Mandarin Oriental hotel Group in 2007 as resident
head. The findings came in study by
manager of Mandarin Oriental, hong Kong. Barry replaced Michael Ziemer on the
the International Telecommunication
job, who has been appointed general manager of The Excelsior, in hong Kong.
Union (ITU), an UN-associated agency,
released last month. Following Macau on
the list of most affordable IcTs - mobile
Citic 1616 takes 20 percent in CTM
phones or internet, for instance - are cITIc 1616 holdings ltd has signed an agreement to acquire a 20 percent stake in
hong Kong and Singapore. Meanwhile, companhia de Telecomunicações de Macau (cTM) from its parent company, cITIc
Macau ranks third among the countries Pacific. CTM is Macau’s biggest phone company. CITIC 1616 will pay HK$1.40
and regions with the highest percentage billion in cash and new shares in the deal. hK$467 million will be paid in cash;
of internet users, reported to the 2010 hK$933.4 million will be paid in the form of new shares. The telecom value-added
World Internet Project (WIP). The services provider said its plan to buy the stake in cTM, one of its current business
local percentage in Macau reached partners, “will further strengthen the relationship between the two companies”.
70 percent in 2009. Sweden, with 80 As a shareholder in CTM, this will increase roaming traffic passing through CITIC
percent, and the United States, with 1616 Macau-based hubs as well as boost wholesale international direct dial (IDD)
78 percent, are the countries with the business, the company added. according to cITIc 1616, the acquisition will also
highest percentage of internet users. allow the company to diversify its geographical reach and product portfolio.
CEM’s billion pataca push, and a day in the sun
companhia de Electricidade de Macau with the Guangdong PowerGrid for more system installation in coloane ccB
— cEM, S.a. (cEM) plans to invest consistent supply and a 220-kV backbone Power Plant will collect experimental
almost MOP1 billion in a batch of large cable to connect two 220-kV substations. data and conduct feasibility study
infrastructure projects to upgrade The total investment is just short of a billion about solar energy. The study will
the city’s power distribution network. patacas at MOP 951 million. cEM chief run for a year to investigate the
construction began on the projects Executive Officer Franklin Willemyns said average figures of daylight, efficiency
in 2009 and is due for completion the company invested more than MOP 800 of solar energy, and the feasibility of
in 2011. They include a new 66-kV million last year to strengthen the local separate modular system connected
substation in the North District to fulfill power distribution network. Meanwhile, the to CEM’s power grid. CEM is the first
power demand growth, a new 220-kV company has also launched a solar energy commercial company in Macau to
substation in cotai Strip connecting pilot project. a grid-connected photovoltaic install such a system.
March 2010
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