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Day: July 22, 2015

Macau’s inflation rate slows to 4.91 percent in June

Macau’s inflation rate slows to 4.91 percent in June

Macau’s composite consumer price index (CPI) for June rose 4.91 percent year-on-year, down slightly from the 4.93 percent growth in the previous month, the Statistics and Census Bureau (DSEC) announced on Tuesday. The bureau said last month’s increase was mainly due to higher housing rents and the rising cost of eating out and renting parking […]
Siza Vieira backs demolition of Hotel Estoril in Macau

Siza Vieira backs demolition of Hotel Estoril in Macau

Secretary for Culture and Social Affairs Alexis Tam Chon Weng said on Tuesday that a famous Portuguese architect had suggested that the dilapidated Hotel Estoril should be demolished as part of the government’s reconstruction project. Tam had said previously that he plans to redevelop the vacant former casino-hotel into an arts and culture centre for […]