David Chow, CEO of Macau Legend Development Ltd signed Tuesday a HK$4.2-billion loan deal with 10 banks to revamp Macau Fisherman’s Wharf. ICBC Macau and Banco Nacional Ultramarino SA (BNU) are the lead arrangers of the HK$4.2-billion loan. There are also another eight other participating banks: Macau Branch of Bank of East Asia Ltd, Luso … Continue reading "Fisherman´s Wharf revamp to cost US$ 128.2 billion"
9 Apr, 2014
The Executive Council (ExCo) announced on Friday that it has completed discussing a by-law, which regulates the operation of a company which will be fully funded by the government for the transmission of “basic TV channels”. According to the announcement by the chief executive’s top advisory body, the government expects to spend about 10 million … Continue reading "Govt to spend 10 million to run TV firm in 1st year"
8 Apr, 2014
Government Information Bureau (IBS) Director Victor Chan Chi Ping said on Friday his bureau has completed the public consultation process on its press bill which it has submitted to Chief Executive Fernando Chui Sai On, vowing the release its wording in the middle of this month. Chan also said that after public consultations ended last … Continue reading "Govt vows to reveal press bill in mid-April"
8 Apr, 2014
The Macau Public Security Police (PJ) caught four women from Tanzania over the weekend in a hotel in the centre of Macau on suspicion of human trafficking and prostitution. PSP spokesman Lao Kuok Hei told a press conference Sunday that officers received a tip-off on Friday that a group of Tanzanian women were involved in … Continue reading "Police arrest 4 Tanzanians women, from a group of 38, for human trafficking prostitution"
8 Apr, 2014
The Municipal Affairs and Civic Bureau (IACM) said in a statement Thursday that about 7,600 live chickens and 1,900 live pigeons will be on sale today after a 21-day ban on the import of live poultry came to end yesterday. The bureau said that IACM staff had confirmed that the birds are virus free after … Continue reading "Live chickens and pigeons back on sale today"
4 Apr, 2014
Chief Executive Electoral Management Committee President Song Man Lei said Wednesday the committee would improve the way the votes are counted in the election of members of the Chief Executive Election Commission. However, she also said that the committee needed more time to discuss the matter so she was unable to elaborate. Song, one of … Continue reading "CE’s electoral management committee vows to improve vote counting procedure"
3 Apr, 2014
The government announced Tuesday that the import of live poultry will be resumed tomorrow and they will be back on sale in markets on Friday. The Civic and Municipal Affairs Bureau (IACM) held a press conference about the resumption of poultry imports, co-hosted by IACM Administration Committee Acting Chairman Alex Vong Iao Lek, Committee Member … Continue reading "Live chickens back on sale on Friday"
2 Apr, 2014
Secretary for Administration and Justice Florinda Chan Lai Man said Sunday that the local government and the Hong Kong Department of Justice were working on striking a deal on the transfer of fugitives wanted by either jurisdiction. The policy secretary said that the talks were going smoothly. Chan said she was optimistic that both governments … Continue reading "Macau and HK working on fugitives’ transfer"
31 Mar, 2014
Lawmaker-cum-educator Chan Hong said Sunday a better way to promote the Macau Basic Law was to make it “more lively” for schoolchildren to digest and understand the city’s mini-constitution. Chan, who heads the influential Macau Chinese Educators Association, made the suggestion on the sidelines of an outdoor forum in Iao Hon held by local think … Continue reading "Lawmaker urges ‘more lively’ promotion of Basic Law"
31 Mar, 2014
Three associations representing Macau’s physiotherapists, occupational therapists and speech therapists urged the government Sunday at a press conference to consult the sector before beginning to import up to 40 non-locals to work in the three professions in the second half of the year. Representatives of the Macau Physical Therapists Association (MPTA), Macau Occupational Therapists Association … Continue reading "Groups want consultation before importing therapists"
31 Mar, 2014
In an evaluation of the performance of Chief Executive Fernando Chui Sai On and his five policy secretaries, Secretary for Administration and Justice Florinda Chan Lai Man scored 44.06 out of 100 points in terms of overall satisfaction, the lowest score, while the score for Chui rose by 2.11 to 59.79 points compared to June … Continue reading "Chui’s popularity rating improves: survey"
25 Mar, 2014
Macau recorded 2.56 million visitor arrivals in February, a year-on-year increase of eight percent, the Statistics and Census Bureau (DSEC) announced Monday. The daily average of arrivals reached 91,448 during the 28-day month, The Macau Post Daily pointed out. The first week of last month coincided with the mainland’s so-called Golden Week Chinese New Year … Continue reading "Over 91,000 visitors per day in February"
25 Mar, 2014
Lawmaker Melinda Chan Mei Yi said Thursday she hoped the government would toughen the penalties for drug-related crimes. Speaking to reporters in her capacity was chairwoman of the local Sin Meng Charity Association after holding a press conference about an event the group will hold next month, Chan said as the average age of people … Continue reading "Lawmaker urges govt to toughen drug penalties"
21 Mar, 2014
About 100,000 residents are eligible to receive a rebate of 60 percent on their income tax they paid for 2012 from next month, totalling 390 million patacas, Financial Services Bureau (DSF) Deputy Director Stephen Iong Kong Leong said Wednesday. Iong made the announcement at a special press conference held at the bureau. According to Iong, … Continue reading "Govt to return income tax to 100,000 residents"
20 Mar, 2014
The travel and tourism industry in Macau is set to grow 7.2 percent this year, according to a report issued by the World Travel & Tourism Council (WTTC). According to the report, in Macau, the direct contribution of travel and tourism to gross domestic product (GDP) in 2013 represented 43.1 percent, mainly reflecting the economic … Continue reading "Tourism industry to grow by 7.2 percent in 2014"
19 Mar, 2014
Chief Executive Fernando Chui Sai On announced in Monday’s Official Gazette (BO) that the election of the 400 members of the Chief Executive Election Commission will be held on June 29. According to the Chief Executive Election Law, the election of the members of the commission should be held at least 60 days before the … Continue reading "Earliest date for CE election is Aug 31: official"
18 Mar, 2014
The Executive Council (ExCo) said Monday it has finished discussing a government-drated bill on increasing the public servants – the city’s top earners – by 5.71 percent, as well as a by-law in which the government will top up the wages of all those residents earning less than 5,000 patacas a month to that amount, … Continue reading "Government announces wage hikes for top and low earners"
18 Mar, 2014
Hong Kong is in talks with Macau to establish a bilateral extradition agreement as ties grow between the two cities, according to the Sunday edition of South China Morning Post. The Department of Justice offered the reassurance after Hong Kong tycoon Joseph Lau Luen-hung and businessman Steven Lo Kit-sing were sentenced to five years and … Continue reading "Extradition pact with Macau in works, Hong Kong says, after pair sentenced to jail for bribery"
17 Mar, 2014
A survey commissioned by Banco Weng Hang released Wednesday found that 15.7 percent of locals aged 30 or above possess liquid assets of at least million patacas. The bank commissioned the public University of Macau (UM) to conduct the survey, the first time a survey of pataca millionaires in Macau has been done. The findings … Continue reading "Nearly 16 pct aged 30+ own at least 1 million patacas in liquid assets: survey"
13 Mar, 2014
Taipei Economic and Cultural Office (TECO) Director Lu Chang-shui highlighted Tuesday the “crucial effects” of the growing relationship between Taiwan and Macau . Lu praised the bilateral ties in a speech delivered Tuesday at Macau Tower as the quasi-official office held its Chinese New Year dinner. According to The Macau Post Daily, Lu also said … Continue reading "Taipei envoy stresses ‘crucial effects’ of Macau-Taiwan ties"
12 Mar, 2014