Secretary for Economy and Finance Lionel Leong Vai Tac said that no casinos are using Alipay, a third-party on-line payment platform affiliated to Alibaba Group. The policy secretary also said the government would ensure that all transactions through Alipay be dealt with in line with official regulations. Leong made the remarks on the sidelines of […]
Business
The local and Taiwan governments signed an agreement on Thursday to grant airline companies from either region a reciprocal tax exemption. Representatives from the two regions signed the double taxation avoidance agreement at the Macau Art Museum (MAM) in Nape. Speaking to reporters after the signing ceremony, Mainland Affairs Council (MAC) Department of Hong Kong […]
The construction budget for the new Pac On Terminal in Taipa is to be controlled at below MOP3.8 billion, the head of the Infrastructure Development Office, Chau Vai Man told the Assembly. This updated price tag quoted by the Office has ballooned compared to the total construction of MOP 3.28 billion estimated in 2014. Chau […]
A covertly recorded interview with the chief vet of the Canidrome has revealed how Australian greyhounds are being sourced and imported to Macau, in what ABC has termed a “death trade” in the latest of a series of investigations aired through the broadcaster’s news program entitled “The 7:30 Report”. After being deemed uncompetitive on Australia’s […]
Several members of the Gaming Employees Advancement Association petitioned the government on Sunday not to authorise any more gaming tables for Macau’s six casino operators. After handing the group’s petition to an official outside Government Headquarters, Willis Chan Chi Kin, who heads the union, insisted that the current number of gaming tables was “quite enough”, […]
The head of the Civil Aviation Authority, Simon Chan, says passenger flow will be positively affected with the opening of the Hong Kong-Zhuhai-Macau bridge. Simon Chan has also hailed improvements being done at the Macau International Airport. The President of the Civil Aviation Authority believes that the Hong Kong-Zhuhai-Macau Bridge will have a significant and […]
Macau’s goods exports to mainland China under the Closer Economic Partnership Agreement (CEPA) totalled 89.39 million patacas between January and November, according to the Macau Economic Services (DSE). In November the value of exported goods amounted to 12.5 million patacas, an increase of 114.2 percent over the figure for October, a month in which exports […]
Former Assistant Public Prosecutor-General Paulo Martins Chan was officially sworn in on Tuesday as the director of the Gaming Inspection and Coordination Bureau (DICJ), bracing himself for a new chapter of his career expected to be fraught with challenges. The gaming regulator’s new head, appointed by the Secretary for Economy and Finance, Lionel Leong, told […]
Gambling revenue in Macau plunged 32.3 percent in November from a year earlier, extending a decline from the previous month and hovering near five-year lows as the world’s biggest gambling hub struggled to attract wealthy Chinese punters. Revenues in Macau have fallen for 18 consecutive months due to slowing economic growth and a broader crackdown […]