Credit ratings agency Moody’s Investors Service has issued Macau with a strong “Aa3 stable” rating, citing the absence of government debt and fiscal surpluses as factors supporting the build-up of large fiscal reserves.
Day: June 6, 2018
The Meteorological and Geophysical Bureau (SMG) said in a statement Tuesday evening that it would possibly hoist the No. 3 storm warning signal during the day today.
The locally registered Polytex Import and Export Co. Ltd. will demand from the government at least 60 billion patacas in compensation if the government fails to grant the land concession of the mothballed Pearl Horizon mixed-used property project to company again, the Portuguese-language newspaper Hoje Macau reported.
The government will launch a two-month public consultation late this month on the drafting of a bill amending the current Road Traffic Law, with the aim of combating traffic offences more effectively and thereby improving the city’s road safety.