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Macau and Guangdong governments sign 8 co-operation agreements

Macau and Guangdong governments sign 8 co-operation agreements

Chief Executive Fernando Chui Sai On said on Thursday he was confident about his government’s decision to invest part of Macau’s financial reserves in major infrastructure projects in Guangdong. Chui made the upbeat remark at a press conference after the one-day 2015 Macau-Guangdong Joint Co-operation Conference in Jiangmen city on Thursday. Secretary for Economy and […]
Macau’s GDP expected to contract 24 pct in 2015, EIU says

Macau’s GDP expected to contract 24 pct in 2015, EIU says

The Economist Intelligent Unit (EIU) has significantly increased its economic contraction forecast for the Macau economy this year to 24.0 percent, according to a report produced on 17 June. In the previous report, produced five days before, on 12 June, for this year the EIU outlined a contraction of just 6.0 percent. The EIU also […]
Leong hopes to strike Macau-Guangdong investment deal today

Leong hopes to strike Macau-Guangdong investment deal today

Secretary for Economy of Finance Lionel Leong Vai Tac said on Thursday he hoped that through today’s meeting with Guangdong officials the two sides could reach an agreement on the framework for the local government’s plan to invest part of its huge reserves via the Guangdong government. Leong is accompanying Chief Executive Fernando Chui Sai […]
Macau government suggests toughening drug penalties

Macau government suggests toughening drug penalties

A group comprising various government bureaus working on the revision of the city’s anti-drug law suggests raising the penalties for drug offences, with the minimum prison sentence for drug trafficking to be raised from three to five years, Social Affairs Bureau (IAS) President Iong Kong Io said on Thursday. The current law dates back to […]

Macau visitors and consumer price index increased in May 2015

Visitor arrivals to Macau increased by 0.9 percent year-on-year to 2.55 million in May, according to data from the Macau Statistics and Census Service (DSEC). The number of mainland Chinese travelling to the city fell for the third month in a row judged year-on-year, although the number of independent travellers from China was up in […]
Macau Chief Executive says family harmony is basis for social harmony

Macau Chief Executive says family harmony is basis for social harmony

Chief Executive Fernando Chui Sai On said in a Father’s Day audio message on Sunday that “family harmony is the basis for social harmony.” Chui recorded the message to wish all fathers in Macau all the best, namely good health and happiness. The message also pointed out that one’s family home is one’s first school […]
Macau Chief Executive to meet Guangdong officials to boost ties

Macau Chief Executive to meet Guangdong officials to boost ties

Chief Executive Fernando Chui Sai On will meet Guangdong Governor Zhu Xiaodan on Thursday to strengthen ties between the neighbouring regions. Chui will be attending the 2015 Macau-Guangdong Joint Co-operation Conference in Jiangmen. According to a statement by the local government on Monday, Chui will be accompanied by Secretary for Economy and Finance Lionel Leong […]
Macau cash handouts to start on July 6th

Macau cash handouts to start on July 6th

Both temporary and permanent residents of Macau will be receiving government cash handouts starting July 6 and ending September 18, as the Executive Council (ExCo) has given its green light to this year’s cash handout scheme. ExCo’s spokesperson Leong Heng Teng revealed at a press conference on Thursday that the government is committed to sharing […]
Macau government to evaluate animal performance applications

Macau government to evaluate animal performance applications

The Civic and Municipal Affairs Bureau (IACM) will assess applications for animal acts to decide whether the shows will be approved, the legislature’s 1st Standing Committee President Kwan Tsui Hang said on Thursday. Currently, animal performances are not regulated, and animal fights for entertainment and betting are not banned. Members of Kwan’s committee on Thursday […]
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