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Chui vows to improve people’s livelihoods and boost Macau economy

Chui vows to improve people’s livelihoods and boost Macau economy

Chief Executive Fernando Chui Sai On promised in his 2016 Policy Address to boost the economy, improve residents’ livelihoods and consolidate the city’s development. Chui also said that the government would continue its annual “wealth-sharing” handout scheme next year – 9,000 patacas for permanent and 5,400 patacas for non-permanent residents, both amounts unchanged from this […]
Scholars warn Macau against following in Atlantic City’s footsteps

Scholars warn Macau against following in Atlantic City’s footsteps

Scholars and gaming industry professionals warned the government against following in Atlantic City’s footsteps, urging it to foster economic diversification. A gaming forum was held by the Macau Polytechnic Institute (IPM) on its campus to discuss what Macau can learn from Las Vegas’s success and Atlantic City’s decline. IPM Gaming Teaching and Research Centre Prof. […]
Banker calls for Macau government investment fund

Banker calls for Macau government investment fund

The government should establish an investment fund to manage Macau’s financial reserves, said Delta Asia Financial Group Chairman Stanley Au Chong. Au made the appeal on the sidelines of a banquet celebrating the 80th anniversary of the founding of Banco Delta Asia, a local bank owned by the group, at Grand Hyatt Macau in Cotai […]
Paulo Martins Chan confirmed as new Macau DICJ director

Paulo Martins Chan confirmed as new Macau DICJ director

Assistant Public Prosecutor-General Paulo Martins Chan has been confirmed as the new director of the Gaming Inspection and Coordination Bureau (DICJ), the Secretary for Economy and Finance, Lionel Leong, revealed on Friday. The appointment of Paulo Chan to lead the bureau has been endorsed by Chief Executive Chui Sai On and will take effect from […]
Macau lawmakers pass rent control bill

Macau lawmakers pass rent control bill

Lawmakers passed on Thursday, the outline of an amendment bill regulating rental agreements which proposes that the chief executive will be given the right to adjust a coefficient to determine maximum rent increases, based on a raft of factors such as consumer price inflation and the “real” situation of the property market. During the plenum […]
Macau public servants to work flexi-time during Grand Prix

Macau public servants to work flexi-time during Grand Prix

In an attempt to reduce traffic congestion during the 62nd Macau Grand Prix (MGP) next week, the city’s over 29,000 public servants can begin work any time between 8 a.m. and 10 a.m. on Thursday and Friday next week. The policy secretary also said that this was the first time such a flexi-time arrangement will […]
Macau public servants to work flexi-time during Grand Prix

Macau public servants to work flexi-time during Grand Prix

In an attempt to reduce traffic congestion during the 62nd Macau Grand Prix (MGP) next week, the city’s over 29,000 public servants can begin work any time between 8 a.m. and 10 a.m. on Thursday and Friday next week. The policy secretary also said that this was the first time such a flexi-time arrangement will […]
Macau casinos insist on smoking lounges

Macau casinos insist on smoking lounges

Lawmaker Andrew Chan Chak Mo said that the city’s six gaming operators and the Macau Gaming Junket and Entertainment Association (AMJEM) insist that the government should not ban smoking lounges in casinos. Representatives of the six operators and junket association were invited to attend a special meeting of the legislature’s 2nd Standing Committee so that […]
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