Macau, China, 12 Nov – Around a quarter of Macau’s 2009 budget, estimated at 44.7 billion patacas (US$5.58 billion), will be used for investments and costs relating to developing the region, according to official figures announced Tuesday night. The 10.5 billion pataca (US$1.3 billion) figure set aside for investment represents 2.12 billion patacas (US$265 million) […]
Day: November 12, 2008
Macau, China, 11 Nov – Macau Chief Executive Edmund Ho Hau Wah announced today that the government is going to invest 10.2 billion patacas (US$1.27 billion) in the public works sector in order to stimulate economic growth and to help face potential difficulties going forward for the region. “The government is going to launch a […]