More than 60 SMEs from Macao and 10 from mainland China due to attend expo; organisers predict exhibitors’ total turnover to exceed MOP 3 million.
Business
Government will continue to give MOP 10,000 to permanent residents and MOP 6,000 to temporary residents in 2023; city’s ‘birth subsidy’ will give each parent MOP 5,418 for every baby born next year.
However, unaudited profit after tax MOP 228.1 million, year-on-year decrease of MOP 110.4 million. Hengqin branch performing well.
Junket organisers likely to be held accountable for illegal deposit taking; six weeks left before deadline to appoint six new concessionaires.
Many exhibitors at fair, which adopted theme of ‘semi-finished food’, report selling more than 90% of their products.
First aircraft due to be delivered in December; burgeoning popularity of single-aisle aircraft could indicate end of Airbus Boeing duopoly.
MOP 7 billion earmarked for 2023 wealth-sharing hand-out; education, old-age and similar subsidies maintained; Finance Secretary predicts 40,000 daily visitors.
Extra features in Local Occupational Vacancies make it easier to find employment. Transport Bureau introduces online driving licence renewal.
GEG Chairman Lui Che Woo says company has healthy balance sheet with cash and liquid investments of US$2.9 billion and net cash of US$2.5 billion as of 30 September.