The Legislative Assembly (AL) Wednesday passed the government’s 2018 budget bill, according to which the government expects a total expenditure of 109.61 billion patacas (US$13.7 billion)next year, a year-on-year increase of 14.5 percent, or 13.89 billion patacas.
Business
Cooperating with different Internet service providers, the Macau Post and Telecommunications Bureau (CTT) launched its free Wi-Fi hotspot — FreeWiFLMO – at the Communications Museum in Estrada D. Maria II Wednesday.
The Macau government will thoroughly study the European Union’s official documentation on its recent decision to include Macau on its controversial list of 17 “non-cooperative tax jurisdictions”, Chief Executive Fernando Chui Sai On said Tuesday, stressing the aim was to convince Brussels to remove Macau from the list.
The Macau government Tuesday rejected the European Union’s “unilateral and biased” decision to include Macau in a blacklist of 17 tax havens.
Macau Civil Aviation Authority (AACM) President Simon Chan Weng Hong said Monday that adjustments were needed for the local airport expansion project after central government officials reviewed it.
Macau’s casino revenue in November grew at the fastest pace in four months, according to data released by the Gaming Inspection and Coordination Bureau (DICJ) on Friday.
Secretary for Transport and Public Works Raimundo do Rosário said he was confident that the Taipa section of the Light Rail Transit (LRT) project will not run further over budget – i.e. the total cost of the project will not exceed 11 billion patacas (US$1.375 billion).
The Macau balance of trade posted a year-on-year increase of 1.512 billion patacas between January and October to 51.131 billion patacas (US$6.391 billion), the region’s Statistics and Census Bureau said.
The Health Bureau (SSM) has suspended the medical services and sealed the premises of the Taivexmalo Day Hospital at the Venetian in Cotai for a string of illegalities, according to a SSM statement on Friday.