Moody’s Investors Service announced on Wednesday that it maintained Macau’s long-term issuer ratings at “Aa3” and upgraded the rating outlook to “stable” from “negative”.
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Carlos Couto is founder of CC Atelier de Arquitectura, Macao’s largest private architecture practice. He also manages the Portuguese restaurant Tuga in downtown Taipei, Taiwan and is Taiwan’s biggest importer of Portuguese wines.
A railway engineer from the mainland said in Macau it is possible that the national high-speed railway network will ultimately be connected to Macau.
Macau’s number of visitor arrivals rose 11 percent year on year to 2.74 million, the Statistics and Census Bureau (DSEC) announced on Tuesday.
The government opened its new Civil Protection Operations Centre at the Immigration Department Building in Pac On in Taipa, with the aim of enhancing the security forces’ ability to handle major security incidents and crisis in the city.
The government’s Road Projects Coordination Group failed to coordinate such projects by different government entities or public utilities to ensure that disruptions to the public are kept to a minimum, the Commission of Audit (CA) said in a hard-hitting report on Monday.
Secretary for Economy and Finance Lionel Leong Vai Tac said that the government’s plan to amend a decree-law regulating the government’s procurement of goods and services aims to improve the transparency of the government’s procurement procedures.
The total number of reported scams increased 28.8 percent year on year to 219 in the first quarter, Secretary for Security Wong Sio Chak said on Monday, noting a “noticeable rise” in the number of reported phone scams which rose from 9 in the first three months of last year to 22 in the same period this year.
Secretary for Economy and Finance Lionel Leong Vai Tac said late last week that the government would not simply renew the city’s current gaming concessions and sub-concessions when they expire, but that it would instead launch a new bidding process.