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Chui vows to remove Macau from EU ‘tax haven’ list

Chui vows to remove Macau from EU ‘tax haven’ list

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.
Taipa LRT to be completed on time and within budget

Taipa LRT to be completed on time and within budget

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).
Government shuts Malo clinic for illegal services

Government shuts Malo clinic for illegal services

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.
Premature’ revealing of gaming concession bidding process would have ‘adverse impact’: Leong

Premature’ revealing of gaming concession bidding process would have ‘adverse impact’: Leong

Secretary for Economy and Finance Lionel Leong Vai Tac said in the legislature’s hemicycle Thursday that if the government revealed “prematurely” the details of its upcoming gaming concession bidding process in the run-up to the expiration of the city’s three gaming concessions and three sub-concessions, it would “adversely impact” the “healthy” development of Macau’s gaming industry in the future.
Macau GDP Q3 growth slows to 6.1 pct

Macau GDP Q3 growth slows to 6.1 pct

Macau’s gross domestic product (GDP) grew by 6.1 percent year on year in real terms in the third quarter, a marked slowdown compared to economic growth of 11.3 percent in the first quarter and 10.8 percent in the second quarter, the Statistics and Census Bureau (DSEC) said Thursday.
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