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Airport repaid Macau government 86 million patacas in 2015

Airport repaid Macau government 86 million patacas in 2015

Local airport operator CAM repaid 86.39 million patacas to the government this year, as part of its repayment plan involving a 1.647 billion patacas loan from the Treasury, Finance Services Bureau (FSM) Director Iong Kong Leong said on Wednesday. The loan was used by the airport to repay the money it borrowed from a number […]
Hong Kong-Zhuhai-Macau bridge delayed by a year

Hong Kong-Zhuhai-Macau bridge delayed by a year

The HK$133 billion bridge linking Hong Kong, Macau and Zhuhai will miss its 2016 deadline by a year, the Hong Kong government has confirmed. The Hong Kong boundary crossing facilities and link road won’t be completed by the end of 2016 according to the current progress of construction, the Highways Department (HD) confirmed for the […]
Macau government to spend 1 billion patacas on office rents next year

Macau government to spend 1 billion patacas on office rents next year

The government expects to spend about one billion patacas next year to pay rent for office spaces, a year-on-year rise of 38.6 percent, Secretary for Economy and Finance Lionel Leong Vai Tac said on Wednesday. Leong and several senior officials of his portfolio including Finance Services Bureau (FSM) Director Iong Kong Leong attended Wednesday’s plenum […]
Tam promises schoolchildren of Macau ‘blue skies’

Tam promises schoolchildren of Macau ‘blue skies’

Secretary for Social Affairs and Culture Alexis Tam Chon Weng said that the government will launch a so-called “Blue Sky Project” with the aim of improving the environment of the city’s schools to ensure that each school will have a playground from which the children can see the blue sky. The policy secretary said the […]
Tam promises schoolchildren of Macau ‘blue skies’

Tam promises schoolchildren of Macau ‘blue skies’

Secretary for Social Affairs and Culture Alexis Tam Chon Weng said that the government will launch a so-called “Blue Sky Project” with the aim of improving the environment of the city’s schools to ensure that each school will have a playground from which the children can see the blue sky. The policy secretary said the […]
New Macau municipal body set for 2017

New Macau municipal body set for 2017

Addressing Q&A session in the legislature’s hemicycle, Secretary for Administration and Justice Sonia Chan Hoi Fan said she expected a non-political municipal organisation to be set up in 2017, pledging to carry out a public consultation on the matter next year. Article 95 of the Macau Basic Law states that “municipal organisations which are not […]
Macau vistors drop 2.6 percent in January-October

Macau vistors drop 2.6 percent in January-October

Macau’s number of visitor arrivals dropped 2.6 percent year-on-year to 25.5 million in the first 10 months of this year, announced the Statistics and Census Bureau (DSEC). Same-day visitor, accounting for 53.9 percent of the total and over-night visitors decreased by 1.9 percent and 3.5 percent respectively. Mainlanders and Hongkongers accounted for about two thirds […]
Macau government grants dog track 1-year extension

Macau government grants dog track 1-year extension

Chief Executive Fernando Chui Sai On has authorised Secretary for Economy and Finance Lionel Leong Vai Tac to sign an agreement with Macau Yat Yuen Canidrome Co. Ltd. to extent the firm’s greyhound racing concession for one year, until the end of 2016, according to the Official Gazette (BO). The current concession is due to […]
Macau inflation slows down to 4.16 percent

Macau inflation slows down to 4.16 percent

Macau’s inflation rate slowed further to 4.16 percent last month said the Statistics and Census Bureau (DSEC). A DSEC statement attributed the increment to higher residential rents and rising cost of eating out. The consumer price index of alcoholic beverages and tobacco rose by 34.29 percent year-on-year. The price index of education rose by 8.96 […]
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