Macau Monetary Authority (AMCM) President Anselmo Teng Lin Seng said Tuesday he will reveal details of the government’s planned setting-up of an investment development fund in the fourth quarter of this year. Teng made the announcement on the sidelines of Tuesday’s annual spring reception in the quasi-central bank’s garden. Chief Executive Fernando Chui Sai On […]
News
Secretary for Social Affairs and Culture Alexis Tam Chon Weng said on Monday he hoped that the “love the country, love Macau” concept will be one of local people’s “core values”, adding that now was the right time to strengthen teenagers’ understanding of the nation and their city. The policy secretary made the remarks during […]
The Health Bureau (SSM) announced on Sunday the immediate recall of Simegel Chewable Tablets from Taiwan for containing non-pharmaceutical ingredients such as calcium carbonate. The bureau said it ordered the recall after receiving a warning from its counterpart in Taiwan. The announcement failed to state the remedy’s health risks. The tablets are produced by Purzer […]
Nearly 2,700 netizens have signed an online petition started by the Macau Society for the Protection of Animals (ANIMA) which urges the government to abolish the city’s greyhound races for good by not renewing Yat Yuen Canidrome’s betting licence which will expire in October 2015. Talking to The Macau Post Daily about the group’s campaign […]
Secretary for Security Wong Sio Chak stressed on Thursday the important role that closed-circuit television (CCTV) cameras play for the police since officers often need the video footage to identify suspected criminals and investigate traffic accidents. Wong made the remark during a Q&A session in the legislature’s hemicycle about his portfolio’s policy guidelines for this […]
Macau’s consumer confidence levels dropped in the first quarter compared to the previous quarter, according to a survey conducted by the Macau University of Science and Technology (MUST) between March 16 and 25. However, the private university’s survey shows that there was a slight increase in confidence in buying real estate, despite the fact it […]
Macau’s imports of handbags and wallets, which are particularly popular with visitors from the mainland, dropped 26.5 percent year-on-year to 526 million patacas in the first two months of the year, the Statistics and Census Bureau (DSEC) has announced. Gold jewellery imports decreased 30.9 percent to 1.4 billion patacas in January and February. Watch imports […]
The Transportation Infrastructure Office (GIT) says in a statement released by a lawmaker on Tuesday that it has already started administrative procedures to fine the two contractors responsible for massive delays in the construction of the light rail transit (LRT) system’s depot and its superstructure in Cotai. According to the statement, the penalty will amount […]
A portion of the MSAR’s financial reserves could be transferred to mainland China for investment purposes. The government intends to introduce the measure in order to boost bilateral cooperation. It also expects the return of the investment to potentially reach 4 percent, which would be higher than the 2 percent recorded last year but still […]