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Day: March 30, 2016

Macau is expected to return to economic growth in 2017

Macau is expected to return to economic growth in 2017

Macau should return to economic growth in 2017, the year in which, according to experts from the Economist Intelligence Unit (EIU) there will be a return to positive values ​​with a real rate of 4.6 percent, according to the latest report on the territory. This positive growth rate occurs after three consecutive years of negative […]
Macau government proposes new taxi service regulation

Macau government proposes new taxi service regulation

Traffic Consultative Council convenor Kuok Keng Man quoted Transport Bureau (DSAT) officials as saying on Tuesday that sting operations, audio recordings and up to three-month suspensions, or even total cancellations of taxi licences, are part of the government’s proposed new taxi service regulation. Kuok made the remarks when talking to reporters after a closed-door meeting […]
Macau & Jiangsu study joint industrial park

Macau & Jiangsu study joint industrial park

The local government and its Jiangsu counterpart signed a memorandum of understanding (MOU) on the creation of a joint task-force for the possible establishment of an industrial zone called “Jiangsu-Macau Co-operation Park”, a statement by the Government Information Bureau (GCS) said on Tuesday. Speaking during a press conference at the local airport before boarding a […]