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Year: 2016

Macau inflation increased 1.59 per cent

Macau inflation increased 1.59 per cent

Macau’s composite consumer price index (CPI) rose 1.59 per cent on September, a further slowdown from the 1.65 per cent growth in the previous month, the Statistic and Census Bureau said in a statement. The bureau attributed the increment to higher rentals for parking spaces, the higher cost of eating out, as well as increases […]
Imported labour decreases in Macau

Imported labour decreases in Macau

  Macau’s number of non-resident (imported) workers fell by 474 last month compared with the same month of last year, the Labour Affairs Bureau (DSAL) has announced. At the end of last month, the number of non-resident workers stood at 180,277, compared with 182,178 in the previous month and 180,751 a year earlier. Mainlanders accounted […]
Street performances in Macau to become legal

Street performances in Macau to become legal

The government will allow street performers to show their talents in three designated areas – the Taipa-Houses Museum, Mount Fortress Garden and Anim’Arte Nam Van – starting from November 11, the Cultural Affairs Bureau (IC) announced yesterday during a press conference at the Macau Tea Culture House. Addressing the press conference, IC Vice-President Leung Hio Ming said the bureau will […]
Macau Chief Executive to deliver 2017 Policy Address on November 15

Macau Chief Executive to deliver 2017 Policy Address on November 15

Chief Executive, Chui Sai On, will deliver his 2017 Policy Address in the legislature’s hemicycle on November 15, the Legislative Assembly (AL) announced on Tuesday. According to the announcement, Chui will answer lawmakers’ questions about the policy address on November 16. The government’s five policy secretaries will present their respective 2017 portfolio guidelines to the […]
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 […]
Macau creates cooperation park with Changzhou in Chinese province of Jiangsu

Macau creates cooperation park with Changzhou in Chinese province of Jiangsu

The Chinese city of Changzhou will house the Jiangsu-Macau cooperation park, according to a memorandum signed on Friday by the Chief Executive of Macau, Chui Sai On and the governor of Jiangsu Province, Shi Taifeng. The Chief Executive said that the Government of Macau will take advantage of the valuable experience of Jiangsu in international […]
Over 50 deals signed at Macau International Fair

Over 50 deals signed at Macau International Fair

Over 50 co-operation agreements were signed during the two-day 21st Macau International Trade and Investment Fair (MIF), the Macau Trade and Investment Promotion Institute (IPIM) announced on Saturday, the event’s last day. The annual fair is hosted by the government-run institute. About 380 business-matching sessions took place during the fair, 110 of which were scheduled through […]
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