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Year: 2009

Construction of Zhuhai’s Ocean World in Hengqin island, to start in December

Construction of Zhuhai’s Ocean World in Hengqin island, to start in December

Macau, China, 13 Apr – The construction of  a 143-hectare Zhuhai Ocean World in Hengqin island, near Macau, is due to begin in December after  passed its preliminary environmental impact assessment,  according with the Macao Daily News. The Macau paper said that  preparation work is under way for a more detailed environmental study before construction […]
Macau government earmarks US$13 million to support tourism sector

Macau government earmarks US$13 million to support tourism sector

Macau, China, 13 Apr – The government of Macau is going to grant around US$12.5 million (100 million patacas) in subsidies over the next six months to help the tourism sector, Manuel Costa Antunes, the Director of Macau’s Tourism Services, said at the end of meeting aimed at studying proposals to help the tourism industry. […]
Funding boost to Sport Development Fund to increase physical activity in Macau

Funding boost to Sport Development Fund to increase physical activity in Macau

Macau, 09 Apr – The Macau government will increase spending this year on a campaign to encourage residents to increase their fitness levels and utilise public sports facilities. More than MOP 407 million will be invested this year in the Macau Sport Development Fund to support everything from elite sporting events, like the Hong Kong […]
Macau the forth ‘least corrupt’ among 14 Asian economies according with PERC

Macau the forth ‘least corrupt’ among 14 Asian economies according with PERC

Macau, China, 09 Apr – A survey released by the privately owned Political & Economic Risk Consultancy (PERC) in Hong Kong yesterday ranked Macau the fourth “least corrupt” among 14 Asia economies according with the Macau Post Daily. In the ranking, Singapore , Hong Kong and Japan finished in first, second and third place, respectively. […]
Macau IFT to launch a Bachelor’s degree in Tourism Retail and Marketing Management

Macau IFT to launch a Bachelor’s degree in Tourism Retail and Marketing Management

Macau, China, 9 May – The Macau Institute for Tourism Studies (IFT)  will offer a new Bachelor’s degree programme in Tourism Retail and Marketing Management in September, for the academic  2009/10 year, to meet the demand for human resources from the sector. "With the openings of several large-scale shopping arcades in Macau, the industry will […]
Macau not a tax haven and complies to all international rules, says SARM government

Macau not a tax haven and complies to all international rules, says SARM government

Macau, China, 6 Apr – The Macau secretary for Economy and Finance, Francis Tam Pak Yuen, said that the Chinese Special Administrative Region is not a tax haven and complies with current legislation regarding tax issues, helping international efforts in combating money laundering. The statements made by Francis Tam, disclosed by the Macau Government Information […]
Daytrippers accounted for 54 percent of Macau visitors in 2008

Daytrippers accounted for 54 percent of Macau visitors in 2008

Macau, China, 06 Apr – Daytrippers accounted for 53.7 percent of all visitor arrivals during 2008, the Statistics and Census Service (DSEC) has announced. The number of daytrippers reached 12.3 million in 2008. Package-tour visitors (4.9 million) accounted for 21 percent of all visitor arrivals in 2008. The total number of visitor arrivals last year […]
Macau International Airport Company recorded a net loss of US$ 10 million in 2008

Macau International Airport Company recorded a net loss of US$ 10 million in 2008

Macau, China, 31  Mar – The Macau International Airport Company (CAM) recorded a net loss of US$ 10 million (80.2 million patacas) in 2008 an 81.6 percent increase on 2007, Deng Jun, chairman of the board of directors and executive committee said Monday. Deng made the remark at a press conference that took place on […]
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