The Macau government is putting all its efforts into completing the Macau boundary crossing area of the Hong Kong-Zhuhai-Macao (HKZM) Bridge before the end of the year, according to an official statement.
Business
Macau’s gross gaming revenue (GGR) in December could reach MOP23.5 billion (US$2.93 billion), rounding out the year for a take of about MOP286.5 billion(US$35.8 billion), according to a report by Hong Kong Shanghai Banking Corporation (HSBC).
Two new agreements – under the framework of the Mainland and Macau Closer Economic Partnership Arrangement (CEPA) – were signed Monday with the aim of advancing integration of Macau’s development with that of the country as a whole, the Secretariat for Economy and Finance (GSEF) said in a statement.
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.
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.