Media OutReach
Embrace New Year with Good Luck at Galaxy Macau
A Ultimate Destination for Festive Activities to Ring in a Joyful and Prosperous Year with Family and Friends
MACAU SAR – Media OutReach Newswire – 7 January 2025 – As the twelfth lunar month arrives, festive aromas fill the air, marking the approach of the Lunar New Year—China’s most significant traditional festival, now proudly recognized as a UNESCO Intangible Cultural Heritage of Humanity. This year, the vibrant fusion of Chinese and Western cultures makes celebrating the New Year in Macau, a UNESCO World Heritage city, an exceptional experience. Galaxy Macau™, a world-class luxury integrated resort, embraces this auspicious season with a host of spectacular New Year activities, transforming itself into a destination of boundless fortune, ready to welcome guests from near and far in the New Year with prosperity and Joy.
Step into Galaxy Macau, guests will find good fortune in every corner. From intricate peacock motifs symbolizing luck and prosperity to dazzling silver diamond performances and traditional Chinese knot decorations adorning every space, the resort exudes the joyous spirit of the Lunar New Year. Guests can enjoy a full spectrum of offerings—dining, accommodations, entertainment, shopping, and leisure—each thoughtfully designed to bring “Good Fortune in Every Turn”. Adding to the festive cheer, Galaxy Macau also presents grand Lunar New Year celebrations, art exhibitions, concerts and shows, opening the door to an auspicious start to the year ahead.
Festive Delicacies: A Feast of Fortune
Galaxy Macau welcomes the Chinese New Year with a sumptuous array of festive dishes that bring good fortune to the table. Leading the lineup are two signature Poon Choi creations, symbolizing abundance and prosperity while showcasing the rich traditions of Chinese cuisine:
Hot & Spicy Poon Choi combines signature specialties from Galaxy Macau’s nine renowned Chinese restaurants, this dish includes fruitwood-roasted Peking duck, Shunde Lotus Root Cakes, Deep-fried Shrimp Mousse and Black Moss Roll, and Marinated Pork Tail, enhanced with a creative Sichuan spicy sauce. It embodies bold flavors and wishes for a vibrant New Year. Paying homage to the culinary heritage of traditional Hong Kong’s Yuen Long Walled Villages, Hong Kong Walled Village Poon Choi features luxurious ingredients like abalone, black moss, and dried oysters on the top layers, with poached chicken, braised pork, and moresoaking in rich broth beneath, symbolizing familial happiness and prosperity. Additionally, Wui Sik Fong at Broadway Macau introduces the Chinese New Year Poon Choi, crafted with 16 premium ingredients to convey wishes of abundance and prosperity for the New Year.
Celebrate an auspicious year with your loved ones, indulging in the Black Cane Sugar New Year Pudding and Chinese Turnip Cake, both symbolizing “soaring success”. The pudding is made with premium Japanese black sugar for a soft, fragrant treat, while the turnip cake blends fresh turnip with high-quality cured meats from renowned Macau brands.
Starting from January 27, Galaxy Macau’s signature restaurants will unveil a diverse selection of festive specialties. From indulgent set menus to à-la-carte dishes and exquisite dim sum, guests can enjoy creations from top culinary teams: Blossom Palaces presents Tossed Sea Whelk and Blackfoot Abalone in Superior Broth, pairing sea whelk slices with black gold abalone and caviar to symbolize smooth sailing and blessings; Pak Loh Chiu Chow Restaurant serves authentic celebratory dishes, including Steamed Spotted Grouper with Chiu Chow Plum Sauce, a delicacy with a perfect balance of sweet and tangy flavors. Bei Shan Lou offers Stewed Assorted Seafood in Iron Pot, a hearty Northeastern-style stew combining oysters, abalone, scallops, and Australian lobster, creating a dish that evokes family togetherness and joy.
Japanese and Western dining options also embrace the festivities. Restaurants like Yamazato Japanese Fine Dining, Nagomi, Kyo Watami, Andaz Kitchen and Café de Paris Monte-Carlo introduce festive-inspired dishes and themed afternoon teas. Meanwhile, at StarWorld Hotel, the Michelin two-starred Feng Wei Ju delights spice lovers with Wok-fried Boston Lobster with Peppercorns and Chili and more, a bold creation symbolizing success and vitality.
From now until May 31, guests spending MOP800 or more with Visa at selected restaurants can enjoy an instant rebate of MOP150 and Food and Beverage vouchers worth up to MOP600.
Elevate the New Year celebrations with the elegance and richness of Chinese baijiu. On January 17, “Golden Serpent Brings Blessings · Guojiao 1573 Tasting Gala” Pop-up at Galaxy Macau will launch with an exclusive experiential space, featuring two limited-edition Lunar New Year baijiu offerings, available first in Macau. This unique space invites guests to explore the rich aroma and cultural heritage of Guojiao’s premium spirits.
Top-Notch Performances: A Symphony of Fortune
This New Year begins on a high note with spectacular performances at Macau’s most anticipated new landmark for MICE and entertainment—Galaxy International Convention Center and Galaxy Arena. International superstars and acclaimed groups will take the stage, including the much-anticipated “Galaxy Music Gala: Lang Lang and Macao Orchestra”, “TF Family 2025 New Year Concert–Passion”, ” Jeff Chang Ultimate Continuum World Tour Concert in Macau, Chinese New Year Special “, and “TAEYANG 2025 TOUR [THE LIGHT YEAR] IN MACAU”. Adding to the festivities, the Broadway Theatre will host an array of diverse performances and musical events, each promising unique and memorable experiences.
A special event “Music Chamber Series: Young Award-Winning Musicians” will delight music lovers on January 19 from 12:30 to 13:30 at the Pearl Lobby. Talented young musicians, each one a master of their instrument, will offer their interpretation of timeless masterpieces, showcasing their passion for classical music.
Explore Macau: Luck Awaits Around Every Corner
Celebrate the Lunar New Year at Galaxy Macau, where the entire family can enjoy the perfect blend of entertainment and leisure while embracing festive blessings. Visit Galaxy Art at 1/F Galaxy Promenade to explore the interactive “Boom and Bloom Exhibition: A Journey of Wishes and Rebirth”, featuring exclusive collaborations between popular artists Ray Chan’s “Shake Money Tree” and Sanchia Lau’s “Wishing Doll”. Families can also enjoy festive blockbusters at Galaxy Cinemas, or take little ones to Galaxy Kidz Edutainment Center, where they can revel in creative activities and workshops, and meet Wavey, the peacock mascot dressed in festive attire.
Expand the Chinese New Year experience beyond Galaxy Macau to discover prosperity across the city. Those who enjoy city walks can explore “Symphony of Time and Space” Light Up Macau 2024, an enchanting immersive blend of light and shadow that transcends time. Meanwhile, the revitalized Lai Chi Vun Shipyards dazzles visitors with festive decorations and hosts a Spring Market with approximately 15 booths, open every weekend from January 18 to February 2 (including January 31), as well as Traditional Spring Festival Celebration activities from January 31 to February 2. From January 29 to February 8, visitors may also encounter the annual Macau highlight—Gigantic Golden Dragon Parade, the Parade for Celebration of the New Year and Chinese New Year Fireworks Displays, featuring vibrant float parades, cultural performances, and float displays, filling the streets with festive excitement and joy.
As the Spring Festival approaches, stay tuned for more auspicious and festive events to be revealed in mid-January. Join StarWorld Hotel, Galaxy Macau, and Broadway Macau in celebrating a prosperous and joyful Lunar New Year, ushering in waves of good luck for all!
For more details on these exciting experiences and exclusive offers, visit the official website of Galaxy Macau at www.galaxymacau.com, or follow Galaxy Macau on Facebook, Instagram, WeChat, Douyin, and Xiaohongshu. For reservations and inquiries, call +853 8883 2221.
Hashtag: #GalaxyMacau
The issuer is solely responsible for the content of this announcement.
About Galaxy Macau Integrated Resort
Galaxy Macau™, The World-class Luxury Integrated Resort delivers the “Most Spectacular Entertainment and Leisure Destination in the World”. Developed at an investment of HK$43 billion, the property covers 1.1 million-square-meter of unique entertainment and leisure attractions that are unlike anything else in Macau. Eight award-winning world-class luxury hotels provide close to 5,000 rooms, suites and villas. They include Banyan Tree Macau, Galaxy Hotel™, Hotel Okura Macau, JW Marriott Hotel Macau, The Ritz-Carlton, Macau, Broadway Hotel, Raffles at Galaxy Macau, Andaz Macau. Unique to Galaxy Macau, the 75,000-square-meter Grand Resort Deck features the world’s longest Skytop Adventure Rapids at 575-meters, the largest Skytop Wave Pool with waves up to 1.5-meters high and 150-meters pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz- Carlton Spa, Macau help guests relax and rejuvenate.
As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies.
Embark on a delightful and rewarding journey at Galaxy Promenade, the one-stop shopping destination boasting some of the world’s most iconic luxury brands. Be the first to get the latest limited-edition items; explore fascinating pop-ups by coveted labels and revel in fabulous shopping rewards and privileges. Our VIPs are entitled to a highly-curated experience with dedicated personal shoppers at guests’ service, and be invited to exclusive luxury brand events. A different caliber of privileges and rewards also await. Discover the joys of fashion and stand at the forefront of style and sophistication—Galaxy Promenade has everything guests need to stay ahead of the style game.
Galaxy Cinemas takes immersive movie experiences to the next level with the latest audio-visual technology, ultra-luxurious facilities and bespoke services; CHINA ROUGE, one-of-a-kind deluxe lounge that evokes the glitz and glamor of Shanghai’s golden era with entertainment in luxury and style; and Foot Hub presents the traditional art of reflexology to make you feel more relaxed and revitalized. For Authentic Macau Flavors & Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 Authentic Macau & Asian Flavors at its Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events.
Meeting, incentive and banquet groups are also well looked after with a portfolio of unique venues in Galaxy Macau and a professional service staff. Galaxy International Convention Center (GICC) is the latest addition to the Group’s ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world- class event venue featuring 40,000-square-meter of total flexible MICE, and a 16,000-seat Galaxy Arena – the largest indoor arena in Macau.
For more details, please visit 
www.galaxymacau.com,www.broadwaymacau.com.mo and www.galaxyicc.com.
Media OutReach
O-Level Computing Graduates to Receive Credit Exemption at NYP’s School of Information Technology
A first for the polytechnic, this exemption allows learners to free up and reallocate curriculum time. They can choose to use the freed-up periods to attain additional industry professional certifications.
SINGAPORE – Media OutReach Newswire – 9 January 2025 – Commencing April 2025, learners who pass O-level Computing and enrol into NYP’s School of IT can apply for an exemption from the Programming Competency Unit (CmU), or the poly’s equivalent of a “module”.
The credit exemption will see learners saving 60 curriculum hours over the semester – which they can spend to develop adjacent tech skills in their interest areas.
This follows a recent curriculum review that showed that both the O-level Computing subject and the Programming CmU – a foundational learning unit all first-year IT students undertake – had similar learning outcomes that overlapped.
The data also showed that over the past cohorts at NYP, more than 9 in 10 students who passed their O-level computing subject scored at least a B for their Programming CmU.
Ms Tan Soon Keow, Director of NYP’s School of Information Technology, said: “We are committed to developing every student’s potential and giving them room to grow their capabilities while pursuing their diploma studies.”
“In finding avenues to recognise prior learning and give credit exemptions to learners who are already well-versed with foundational knowledge, we hope to open new opportunities for them to pursue advanced learning in their preferred domains, while keeping to the polytechnic curriculum rigour,” she added.
Learners given the credit exemptions are encouraged to use the freed-up 60 hours to pursue professional certifications, participate in competitions or work on projects mentored by industry veterans. This flexibility allows learners to focus on areas of interest and accelerate their growth in specialised fields.
Year One Diploma in Cybersecurity & Digital Forensics student, Ker Hong Xuan, graduated with an A1 for his O-Level Computing subject in 2023. After enrolling at NYP in 2024, he obtained a Distinction[1] in the Programming CmU. He shared that he would have opted for an exemption had the programme been launched in the year he enrolled: “I love the idea of freed up curriculum time – I can join in the hackathons the School organises, and I could have gotten my Certified Ethical Hacker (CEH) certification even earlier! I think it’s really laudable that the school is allowing us to explore different IT areas with the freed-up hours,” he added.
Earlier in 2023, NYP’s School of IT also announced that all SIT students who enrol from AY2023 would graduate with at least one professional certification. These industry-recognised certificates include Amazon Web Services Certified Cloud Practitioner, Microsoft Certified: Power BI Data Analyst Associate, and Certified Entry-Level Python Practitioner. Collectively, both initiatives reinforce NYP’s dedication to creating a learning environment that empowers students, recognising their competencies while and ensuring they are equipped with the most in-demand skills to excel in the dynamic tech industry.
Hashtag: #NanyangPolytechnic #InformationTechnology
The issuer is solely responsible for the content of this announcement.
About Nanyang Polytechnic
Established as an institution of higher learning in 1992, Nanyang Polytechnic’s (NYP) academic schools offer quality education and training through 37 full-time diploma courses and common entry programmes. NYP also has a full suite of Continuing Education and Training (CET) options for lifelong learning, ranging from specialist and advanced diplomas to SkillsFuture-supported modules and courses. NYP’s Asian Culinary Institute Singapore and the Singapore Institute of Retail Studies are CET institutes set up in partnership with SkillsFuture Singapore (SSG) to champion and transform Singapore’s F&B and retail sectors, respectively. A third NYP CET institute – the National Centre of Excellence for Workplace Learning – also set up in collaboration with SSG, will spearhead the development of progressive workplace learning strategies and programmes for companies here.
For more information, please visit www.nyp.edu.sg.
Newly Launched “Trading and Hedging” Solutions to Empower Businesses with FX Trading, Hedging Strategies and Products
SINGAPORE – Media OutReach Newswire – 9 January 2025 – SUNRATE, the global payment and treasury management platform, kickstarts the new year by introducing new treasury solutions – “trading and hedging” for businesses worldwide. These solutions are launched through Sunrate Markets Pte. Ltd., which holds a Capital Markets Services (CMS) licence from the Monetary Authority of Singapore (MAS).
Mr. Joshua Bao, co-founder of SUNRATE, said, “Being awarded the CMS license by MAS was an important milestone, but it was even more critical for us to go-to-market (GTM) with products and services that deliver significant value to our customers. With our vast experience in global payments and foreign exchange (FX) and the numerous product iterations based on customer feedback, we are confident that our customers will be able to leverage unparalleled global presence, accessing all their trading and hedging needs in one place.”
In addition to the CMS license, SUNRATE is one of the few companies in Singapore that also holds a MAS license as a Major Payment Institution (MPI) for Account Issuance Service, Domestic Money Transfer Service, Cross-border Money Transfer Service, Merchant Acquisition Service, and E-money Issuance Service. Its dual-license status attests to its strong compliance and governance framework, credentials, and competencies, as well as know-how, while enhancing its capabilities in the area of global B2B payments and treasury management.
Mr. Yumi Zhang, Head of Global Markets at SUNRATE, said, “With geopolitical risks set to affect the world economy and global businesses more than ever, it is imperative that we work even closer with our customers to apply various strategies to hedge and protect against any market volatility, especially in emerging markets. In addition to the fast, secure, and cost-effective global B2B payment products and services that we offer, businesses, particularly those engaged in B2B trade, will appreciate the insights and stability that we can bring to them with our new offerings.”
Hashtag: #SUNRATE
The issuer is solely responsible for the content of this announcement.
About SUNRATE
SUNRATE is a global payment and treasury management platform for businesses worldwide. Since its inception in 2016, SUNRATE has been recognised as a leading solution provider and has enabled companies to operate and scale both locally and globally in 190+ countries and regions with its cutting-edge proprietary platform, extensive global network, and robust APIs.
With its global business headquarters in Singapore and offices in Hong Kong, Jakarta, London, and Shanghai, SUNRATE partners with the top global financial institutions, such as Citibank, Standard Chartered, Barclays, J.P. Morgan and is the principal member of both Mastercard and Visa. To learn more about SUNRATE, visit https://www.sunrate.com/
Offer extended to 17 January 2025. Offer Price remains firm at RM11.00 Per Share
The encouraging level of acceptances by the First Closing Date, despite the intervening holiday period, moves the Consortium decisively towards satisfying the 90% acceptance condition and thus the threshold required to de-list MAHB pursuant to the Offer.
For shareholders who have yet to submit their acceptances, the Consortium wishes to highlight that the offer period has been extended from 8 January 2025 to 17 January 2025. Save for the extension, all other terms including the offer price of RM11.00 and the 90% acceptance condition remain unchanged.
RM11.00 offer price higher than any price MAHB has traded
GDA remains firm that its offer price of RM11.00 per share is highly compelling and attractive to shareholders (see Chart #11). RM11.00 is higher than any price MAHB has ever traded at and represents a 49.5% premium YTD2 and implies a Price-to-Earnings ratio of 37.7x3.
All 14 licensed equity research analysts that currently cover MAHB4 have target prices that are either lower than or equal to RM11.00, and most also explicitly recommend that shareholders accept the offer.
MAHB needs to address shortcomings to compete regionally
The Consortium reiterates its view that MAHB’s shortcomings in maintaining its core assets and systems, and prolonged history of underperformance both operationally and financially, will only be properly addressed if it is not constrained by a public market listing and is able to take a fresh approach.
A case in point is the Aerotrain at KLIA Terminal 1 which has suffered multiple service failures over the last 10 years and continues to be challenged by ongoing and unresolved issues. As it nears the second anniversary of total service suspension, the re-opening date remains uncertain.
The Consortium believes one of the root causes of MAHB’s issues is its continuous underinvestment in critical operational infrastructure and in projects to drive growth and expansion.
Over the last 5 years, MAHB spent RM1.3bn in capex compared to RM18.9bn by Singapore’s Changi, RM8.1bn by Indonesia’s Angkasa Pura and RM6.8bn by Airports of Thailand (“AOT”)5 (see Chart #2).
This prolonged underinvestment by MAHB has resulted in an ageing asset base and led to a number of high-profile operational failures. Meanwhile, the passenger experience has deteriorated markedly, as noted by Skytrax whose ranking of KLIA has plummeted from 2nd best airport in the world in 2001 to 71st in 2024. MAHB’s airports are in urgent need of significant remediation and expansion capex.
Unsurprisingly, MAHB has been losing ground in the ASEAN aviation market. Over the last 10 years, KLIA has lost passengers while key regional peers have grown significantly6 (see Chart #3). This has resulted in MAHB’s market share declining from 20% to 16%7 (see Chart #4). Throughout this time, KLIA’s regional peers, including Changi Airport in Singapore and Suvarnabhumi Airport in Bangkok, continue to make significant investments to increase their capacity and further distance themselves from KLIA.
Operational challenges have contributed to MAHB’s financial underperformance
Over a 10-year period8, MAHB has consistently underperformed listed APAC peers across a number of key financial metrics (see Charts #5 – #7):
Moreover, MAHB’s dividend has remained stagnant over the last 10 years and MAHB distributed only RM0.11 per share in 2024. This implies a 1.0% dividend yield9, which is four times lower than the KLCI Bursa Malaysia Index10 and three times lower than the DJ Airports index11 (see Chart #8). The RM11 per share offer price compares to RM0.82 of dividends MAHB has paid over the past 10 years (see Chart #9).
Consortium committed to turnaround MAHB
As highlighted in the offer document dated 6 December 2024, the Consortium intends to upgrade and modernise MAHB’s operations, enhance passenger service, improve airline connectivity and stimulate traffic growth. The Consortium believes that such objectives will be best achieved by MAHB as a private entity, taking a long-term approach to decision-making and capital investment, and benefitting from GIP’s airport expertise.
With its combined resources, control of the board and without the constraints of a public market listing, the Consortium together with management will be able to expedite necessary capital investments and provide the requisite technical expertise to realise MAHB’s full potential.
This offer presents a compelling opportunity for MAHB shareholders to achieve immediate and attractive returns and GDA therefore encourages all shareholders who have not yet accepted the offer to do so before the revised closing time and date of 5:00 p.m. (Malaysian time) on 17 January 2025.
Hashtag: #GatewayDevelopmentAlliance
The issuer is solely responsible for the content of this announcement.
-
Feature/OPED5 years agoDavos was Different this year
-
Travel/Tourism8 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz2 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking7 years agoSort Codes of GTBank Branches in Nigeria
-
Economy2 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking2 years agoFirst Bank Announces Planned Downtime
-
Sports2 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn
-
Technology4 years agoHow To Link Your MTN, Airtel, Glo, 9mobile Lines to NIN