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Day: March 2, 2015

Macau Chief Executive to attend NPC opening session

Macau Chief Executive to attend NPC opening session

Chief Executive Fernando Chui Sai on will pay a four-day visit to the national capital from Wednesday, the Macau Government Information Bureau (GCS) said on Sunday. According to a GCS statement, Chui will attend the opening session of this year’s meeting of the National People’s Congress (NPC) on Thursday. Chui is not a member of […]
10 missing as boatload of illegal ‘gamblers’ from mainland China capsizes

10 missing as boatload of illegal ‘gamblers’ from mainland China capsizes

About 10 people are missing after a speedboat believed to be carrying illegal visitors on a gambling trip from the mainland capsized off Macau early on Friday. Mainland and Macau authorities have launched an air and sea search-and-rescue operation after the boat overturned about 500 metres off the Grand Coloane Resort before dawn. Four men […]
Macau’s retail sales rise mere 1 pct in 2014

Macau’s retail sales rise mere 1 pct in 2014

Macau’s retail sales rose a mere one percent year-on-year to 67.6 billion patacas last year, the Statistics and Census Bureau (DSEC) has announced. Sales of watches and jewellery accounted for 27 percent of the total. In the fourth quarter of last year, retail sales reached 17 billion patacas, up eight percent from the previous quarter, […]
Macau Property prices ‘too high’ but no immediate action to be taken

Macau Property prices ‘too high’ but no immediate action to be taken

Macau Chief Executive Fernando Chui Sai On has acknowledged that the city’s property prices are “too high” but he ruled out launching immediate measures to tackle the problem. Chui made the remarks on the sidelines of a reception hosted by the Women’s General Association of Macau (commonly known as Fu Luen) on Friday to mark […]