The Philippine Consulate General in Macau hosted a celebration to mark the 120th anniversary of the Proclamation of Philippine Independence, at Clube Militar Tuesday.
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The Lands, Public Works and Transport Bureau (DSSOPT) said in a statement Tuesday that it expects the construction of an elevated walkway along a major avenue in the city centre of Taipa to get off the ground in the fourth quarter of this year.
The quota attributed to Macau that will allow the circulation of 600 local vehicles over the Hong Kong- Zhuhai-Macau (HKZM) Bridge has been priced at MOP30,000 ( US 3,750) , according to a dispatch published in the Official Gazette.
The Macau government said Monday that it will get a guaranteed 3.5 percent rate of return annually from the recently-established 20.01-billion-yuan Guangdong-Macau Cooperation Development Fund during its 12 year duration, regardless of any losses incurred in investment projects in the neighbouring province.
Macau’s economic growth is expected to slow by more than three percentage points this year from 9.1% in 2017 to 5.8%, before dropping back to 3.9% in 2019, according to forecasts ofrom the Economist Intelligence Unit (EIU) in its latest report on the territory.
Energy Sector Development Office Director Hoi Chi Leong said that the government aims for another natural gas power plant in local power utility CEM’s power station at Ka Ho in Coloane island to come into operation in 2021.
The Portuguese Secretary of State for Tax Affairs, António Mendonça Mendes, the representative of the Portuguese government for the ceremonies of June 10 praised the government of Macau for the opportunity given to Portuguese nationals to live and work in the region.
Macau intends to set up an international trading centre for diamonds and rough gems, taking advantage, among other things, of the network of the Shanghai Diamond Exchange and the precious stones available in Portuguese-speaking countries, according to a statement from the Macau Trade and Investment Promotion Institute (IPIM).
Secretary for Transport and Public Works Raimundo do Rosario said on Thursday that the local government should sign a reciprocal driving-licence recognition deal with the mainland as “Macau is a part of China”.