Some MOP 1.46 billion from the public coffers have already been injected into local businesses in the first month and a half of the government’s consumption subsidy smartcard scheme.
Business
Chief Executive Ho Iat Seng has ordered a 10% decrease in current expenditure in the public administration next year.
The President of Sands China, Wilfred Wong, will remain in his position until February 20, 2024, a year more than the term initially approved by the gaming operator’s board.
The Monetary Authority of Macao (AMCM) announced on Wednesday that it has fined a local jewellery shop MOP 400,000 for illegal currency exchange activities.
Macao’s foreign exchange reserves amounted to MOP 183.3 billion (US$22.95 billion) at the end of last month, the Monetary Authority of Macao (AMCM) said in a statement on Monday.
Wynn Macau announced on Sunday that the net proceeds from the offering of its 5.500 per cent senior notes due 2026 will be approximately US$743.1 million (MOP 5.93 billion) after deducting the discounts and commissions of the initial purchasers and estimated expenses payable by the company.
The new approvals of residential mortgage loans (RMLs) and commercial real estate loans (CRELs) by Macao banks both decreased in April 2020.
Adriano Marques Ho was sworn in on Wednesday as the new director of the Gaming Inspection and Coordination Bureau (DICJ).
The Macao government announced today a month-long special ferry link between Macao’s Pac On Ferry Terminal and the Hong Kong International Airport’s SkyPier.