The decline is attributed to lower charges for package tours and telecommunications services, gasoline, fresh pork, clothing and footwear.
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Macao’s electricity consumption dropped 6.7 per cent in 2020, the first year-on-year decline in three decades.
Experts say a shrivelling job market coupled with a restrictive new work permit law poses hardships for the city’s ‘blue card’ migrant workers.
While the procession won’t be happening this year due to Covid-19 measures, the clergy will stream an indoor procession online.
The MOP 3.5 billion Macao Light Rapid Transit line between Macao and Hengqin island will be built by Chinese state-owned company Nam Kwong and is estimated to be operational in four years time.
With ongoing industry developments, major real estate projects and smoother immigration, Hengqin has attracted a stream of investment interest from Macao residents. But it could be five to 10 years before the island delivers returns.
Lawmakers point the finger at trade body’s sluggish and lax procedures, in the wake of strong criticism by Macao’s graft busters.
Experienced diplomat with a scientific background who has worked in Africa and the United States comes to Macao from a high-profile post in Beijing.
New law provides safeguards for both employers and employees, standardises fees, and cracks down on fly-by-night employment agencies.