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Day: March 2, 2016

Macau’s former chief prosecutor Ho Chio-meng fails in release bid after arrest

Macau’s former chief prosecutor Ho Chio-meng fails in release bid after arrest

Macau’s former chief prosecutor was back in prison on Tuesday night after the city’s top court rejected his bid for release on the grounds that he was wrongly detained following his arrest in connection with an alleged multimillion-dollar corruption racket. The city’s Court of Final Appeal threw out a habeas corpus application from Ho Chio-meng […]
Chan pledges to make Macau government more efficient

Chan pledges to make Macau government more efficient

Secretary for Administration and Justice Sonia Chan Hoi Fan said that she and her staff would put every effort into making the government more efficient. “In the year ahead, in order to implement the Special Administrative Region government’s policy of strenghtening the economy, improving the wellbeing of residents and consolidating development, the administration and justice […]
Macau’s trade deficit improves by 21 percent in January

Macau’s trade deficit improves by 21 percent in January

Macau’s balance of trade deficit recorded a 21 percent improvement in January due to a contraction of 1.579 billion patacas in goods imports, reported the region’s Statistics and Census Bureau. In January Macau imported goods worth 6.956 billion patacas, against 9.493 billion patacas a year earlier, which together with an increase 1.5 percent in exports […]
Macau’s gambling revenue growth best in 20 months

Macau’s gambling revenue growth best in 20 months

Macau on Tuesday (Mar 1) posted its best monthly gambling revenue performance since October last year and the smallest drop in growth in 20 months as an increase in Lunar New Year tourists boosted the world’s largest casino hub. Macau’s economy, which relies on the casino industry for over 80 per cent of government revenues, […]