With a stable economy, housing prices would have a stable rise of within 10 percent for the whole year, which is “very healthy” and the next step for the government is to help young couples get on the property ladder as a way to solve the under supply problem, as forecast by the local branch of US-based real estate consultancy firm Jones Lang LaSalle (JLL).
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The Education and Youth Affairs Bureau (DSEJ) has found a kindergarten involved in an alleged sexual abuse case earlier this year had mishandled the incident and also had failed to respond to the case in line with DSEJ regulations
The government’s latest overall budget for the Light Rail Transit (LRT) project amounts to 16.4 billion patacas ( US$ 2.05 billion) – but not including the still unscheduled LRT peninsula section, Mak Soi Kun, who heads the legislature’s Follow-up Committee for Public Finance Affairs, quoted government officials as saying.
Macau’s airport recorded 4 million passengers in the first half of the year, a year-on-year growth of 20 percent, Ma Iao Hang, chairman of the board of directors of the Macau International Airport Company (CAM) has announced.
Macau’s gross gaming and betting revenue for the second quarter fell 3.5 percent from the previous quarter to 74.04 billion patacas, the Gaming Inspection and Coordination Bureau (DICJ) announced Monday.
Macau Government Tourism Office (MGTO) Director Maria Helena de Senna Fernandes said Monday that the government now expects the construction cost of its project to revamp the Grand Prix Museum in Zape to be 380 million patacas.
A scheme named “Macau Classic Brand” opened for applications Monday, aiming to recognise local brands with Macau characteristics.
The sixth ministerial meeting of Forum Macau, which had been scheduled for 2019, will be delayed until 2020, according to diplomatic sources linked to the institution.
Education and Youth Affairs Bureau (DSEJ) Deputy Director Leong Wai Kei said on Saturday that her bureau had already finished its investigation into the alleged sexual abuse at the private D. Jose da Costa Nunes Kindergarten, adding that the bureau would release its findings and report this week.