Trade visitors from more than 50 countries and regions joined the 19th Macau International Trade and Investment Fair (MIF) during which the organiser assisted in about 1,500 business-matching sessions and the signing of more than 130 co-operation agreements over the four-day fair that ended Sunday. According to a statement from the fair’s organiser Macau Trade […]
Business
About 4,500 exhibitors and trade visitors from Macau, the mainland, Hong Kong, Taiwan and several dozen foreign countries have registered to participate in the four-day 19th Macau International Trade and Investment Fair (MIF), which will kick off tomorrow, Irene Va Kuan Lau, co-ordinator of the organising committee of the fair, said Tuesday. Lau made the […]
Macau’s average consumer price index (CPI) for the first nine months rose 6.08 percent year-on-year, the Statistics and Census Bureau (DSEC) announced Tuesday. In the third quarter, the index was up 5.94 percent year-on-year. For the 12 months including last month, the index increased 6.03 percent from the previous period. Last month, the index was […]
The city’s housing prices may have skyrocketed over the past decade but its current housing price levels are “reasonable”, Centaline (Macau) Property Agency Director Jacky Shek Pou Tak said Monday. Shek spoke to reporters on the sidelines of the company’s 10th anniversary bash. “Housing prices have multiplied over the past 10 years but if you […]
MGM Macau CEO Grant Bowie said Wednesday that protestors backing Hong Kong’s “Occupy Central” movement should not impact the city’s economy while expressing their views. Bowie made the comment in response to a reporter’s question on whether the protests in Hong Kong has affected Macau. The TDM reporter mentioned in her question that the Hong […]
The government is planning to abolish bearer shares issued by public limited companies (known as sociedades anónimas, or SA, in Portuguese), so as to be in line with the requirements of the Global Forum on Transparency and Exchange of Information for Tax Purposes, as part of its efforts to crack down on money laundering and […]
Macau’s gold jewellery imports fell 29 percent year-on-year to 723 million patacas in August, the Statistics and Census Bureau (DSEC) announced Tuesday. However, the import of watches – another item popular with mainland tourists – rose 30 percent to 720 million patacas. Mobile phone imports dropped 21 percent to 311 million patacas. The import of […]
The Macau Customs Service has busted a trading company which sold parallel imports to 47 branches of three local supermarkets. A customs spokesperson told a press conference yesterday that officers were tipped off a few months ago that the company had arranged for a group of people to bring the goods across the border from […]
Hong Kong-Zhuhai-Macau Bridge Authority Executive Director Wei Dongqing said Wednesday that construction of the cross-delta bridge was proceeding as scheduled and expected to open to traffic at the end of 2016 as originally planned. Wei also said the authority had set up a working group to study how much to charge at the tolls and […]