Chief Executive Fernando Chui Sai On and his predecessor Edmund Ho Hau Wah attended Thursday the opening ceremony of the Dah Chong Hong Logistics Centre in Hengqin.
Business
Originally, the application fee for Chinese citizens for a Hong Kong or Macau travel document was RMB80. The new price will be set at RMB60.
The central government will issue government bonds worth 2 billion yuan (2.34 billion patacas) in Macau on July 4, the Ministry of Finance and the local government announced
Macau’s composite consumer price index (CPI) rose 2.69 percent last month, slowing down by a 0.08 percentage point from the 2.77 growth recorded in April.
Macau will end 2019 with an economic contraction of 0.3%, contrary to the previous forecast for GDP growth of 3.2% in 2019, according to a forecast from the Economist Intelligence Unit (EIU) released on Friday.
The central government’s Belt and Road Initiative (BRI) will create employment for up to 21,000 people in the Philippines, Secretary for Administration and Justice Sónia Chan Hoi Fan said.
The environmental impact assessment of the construction of an underwater tunnel between the Macau peninsula and the island of Taipa is under public consultation until 21 June.
Vandy Poon Fuk Hei, CEO of local telecom operator CTM, said Tursday that the company would bring 5G technology into commercial use in the first half of 2020, at the same pace as neighbouring regions.
Melco Resorts & Entertainment Limited Chairman and CEO Lawrence Ho said that the recent acquisition of Crown Resorts Limited shares would help his company enter the Japanese gaming market.