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Day: October 25, 2016

Macau government decides to raise Social Security Fund

Macau government decides to raise Social Security Fund

The Social Security Fund (FSS) announced on Monday that the monthly dues paid by employers and employees will be increased from the current 45 patacas to 90 patacas from the beginning of next year, with the ratio that both sides contribute remaining unchanged at 1:2, despite a lack of consensus on the ratio. Addressing a press […]
Macau Chief Executive says cash handout set to continue

Macau Chief Executive says cash handout set to continue

Chief Executive Fernando Chui Sai On said on Monday the government was not likely to cease its cash handout scheme next year, Macau Federation of Trade Unions (commonly known as Gung Luen) President Chiang Chong Sek told reporters after meeting Chui at Government Headquarters. Pointing out that Macau has a fiscal surplus, Chui told Chiang […]
Tourist arrivals in Macau increase in September

Tourist arrivals in Macau increase in September

Tourist arrivals totaled 2,427,086 in September, a slight increase of 0.5 per cent sterdayar-on-year. According to information from the Statistics and Census Service (DSEC), overnight visitors rose by 11.8 per cent year- on-year to 1,311,533, accounting for 54 per cent of the total. Same-day visitors dropped by 10.2 per cent to 1,115,553. The average length […]