Macau, 09 Apr – The Macau government will increase spending this year on a campaign to encourage residents to increase their fitness levels and utilise public sports facilities. More than MOP 407 million will be invested this year in the Macau Sport Development Fund to support everything from elite sporting events, like the Hong Kong […]
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Macau, China, 09 Apr – A survey released by the privately owned Political & Economic Risk Consultancy (PERC) in Hong Kong yesterday ranked Macau the fourth “least corrupt” among 14 Asia economies according with the Macau Post Daily. In the ranking, Singapore , Hong Kong and Japan finished in first, second and third place, respectively. […]
Macau, China, 9 May – The Macau Institute for Tourism Studies (IFT) will offer a new Bachelor’s degree programme in Tourism Retail and Marketing Management in September, for the academic 2009/10 year, to meet the demand for human resources from the sector. "With the openings of several large-scale shopping arcades in Macau, the industry will […]
Macau, China, 6 Apr – The Macau secretary for Economy and Finance, Francis Tam Pak Yuen, said that the Chinese Special Administrative Region is not a tax haven and complies with current legislation regarding tax issues, helping international efforts in combating money laundering. The statements made by Francis Tam, disclosed by the Macau Government Information […]
Macau, China, 06 Apr – Daytrippers accounted for 53.7 percent of all visitor arrivals during 2008, the Statistics and Census Service (DSEC) has announced. The number of daytrippers reached 12.3 million in 2008. Package-tour visitors (4.9 million) accounted for 21 percent of all visitor arrivals in 2008. The total number of visitor arrivals last year […]
Bill boosting Macau Commission Against Corruption powers narrowly passed vote in Legislative Assembl
Macau, China, 04 Apr – The Legislative Assembly (AL) passed Thursday the general outline of a governmentdrafted bill that will extend the investigative powers of the Commission Against Corruption (CCAC) from the public to the private sector . The draft law was narrowly passed with 15 votes , two nays and 10 abstentions. Lawyer Leonel […]
Macau, China, 31 Mar – The Macau International Airport Company (CAM) recorded a net loss of US$ 10 million (80.2 million patacas) in 2008 an 81.6 percent increase on 2007, Deng Jun, chairman of the board of directors and executive committee said Monday. Deng made the remark at a press conference that took place on […]
Macau, China 31 Mar- Ho Chio Meng, the Chief Procurator of the Special Administrative Region of Macau, received support from the Chinese Communist Youth League to become the future Chief Executive of the territory, reported Ponto Final newspaper in an article published last week. The Portuguese-language newspaper cited a report in China Profiles, which was […]
Macau, China, 30 Mar – Macau’s GDP fell 7.6 percent year-on-year in real terms in the fourth quarter of 2008, the first year-on-year negative growth over the past five year, according to figures released by the Statistics and Census Service (DSEC) on Friday. For the whole of last year, GDP reached a record US$ 21,483 […]