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Macau Chief Executive pledges to revitalize cultural heritage

Macau Chief Executive pledges to revitalize cultural heritage

The government will try its best to preserve Macau’s cultural heritage for every generation, Chief Executive Fernando Chui Sai On pledged in an audio message released on his official website on Tuesday, admitting that there was room for improvement in revitalizing the city’s historic buildings. This year is the 10th anniversary of the inscription of […]
Macau Government income drops 32.3 percent in January-August

Macau Government income drops 32.3 percent in January-August

The Macau government’s receipts dropped 32.3 percent year-on-year to 72.7 billion patacas in the first eight months of the year, the Finance Services Bureau (DSF) announced on Monday. The government’s income from direct gaming taxes fell 35.5 percent to 58.58 billion patacas. Gaming tax payments accounted for 80.6 percent of the government’s total revenue between […]
Hotel revenues increase in 2014

Hotel revenues increase in 2014

Hotel sector revenues amounted to MOP27.87 billion in 2014, up by 10.2 percent year-on-year, according to an annual survey released by the Statistics and Census Service (DSEC). Analyzed by subsector, room sales increased by 14.3 percent year-on-year to MOP13.65 billion, accounting for 49 percent of the total. Receipts from food & beverages increased marginally by […]
Cinematheque Passion starts trial run today

Cinematheque Passion starts trial run today

Cinematheque Passion, an art house and film archive run by the Cultural Affairs Bureau (ICM), will start its long-awaited trial run today, according a statement from the bureau on Sunday. The trial will end on December 31. The cinematheque is located in Travessa da Paixão next to the Ruins of Saint Paul’s Church. The name […]
Macau Real Estate mortgage loans decrease

Macau Real Estate mortgage loans decrease

The new real estate mortgage loans (RMLs) approved by Macau banks decreased 23.9 percent year-on-year in July, according to figures released by the Monetary Authority of Macau. New RMLs increased 6.6 percent month-on-month, reaching MOP4.2 billion in value, and 96.6 percent of them were granted to residents. In terms of value, new RMLs to residents […]
Macau Chief Executive vows more resources for education

Macau Chief Executive vows more resources for education

The government will allocate more resources to improve teacher training and school facilities, Chief Executive Fernando Chui Sai On said on Thursday. Chui made the pledge in a speech at a Teacher’s Day banquet hosted by the Chinese Educators Association of Macau at Fisherman’s Wharf. “Looking at the teachers here, I recall my memories of […]
Macau Secretary for Social Affairs upbeat about this year’s visitor figures

Macau Secretary for Social Affairs upbeat about this year’s visitor figures

Secretary for Social Affairs and Culture Alexis Tam Chon Weng said on Thursday he was confident and optimistic that the number of visitor arrivals this year would be similar to the one of last year, which stood at 31.5 million. He also said that according to a study on the city’s tourism carrying capacity Macau’s […]
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