Li Gang, director of the Liaison Office of the Central People’s Government in Macau, said Sunday that since the gaming industry is the main pillar of the city’s gross domestic product (GDP), he urged local society to diversify the economy. He warned that “the dominance of one industry can lead the city to prosperity but […]
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The Macau economy is expected to contract by 4.0 percent in 2015 and return to positive growth in 2016 with a rate of 8.0 percent, after ending 2014 with growth of just 0.7 percent, according to forecasts from the Economist Intelligence Unit (EIU). The EIU analysts explain this year’s low economic growth and the fall […]
Chief Executive Fernando Chui Sai On has appointed 11 officials and community leaders to his top advisory body, the Executive Council (ExCo) – only two being newcomers while the remainder are sitting members, according to an ExCo statement yesterday. Chui will head the government for another five-year term which starts on Saturday next week. Thus […]
A survey jointly conducted by the Macau Polytechnic Institute (IPM) and the Macau Economic Association (AEM) last month shows that residents are most dissatisfied with transport, followed by the cost of living, living conditions, and the government. This is markedly different from the results of a recent survey carried out by the Macau New Chinese […]
Public Prosecutor-General Ho Chio Meng, who will leave his post on December 20 after 15 years in the post, Wednesday called for an improvement in the city’s various systems including its legal system. He also said that only the upholding of the city’s legal system and the principle of the rule of law would allow […]
A survey conducted by the Macau New Chinese Youth Association (ANJCM) in the middle of last month shows that 43.94 percent of respondents are not satisfied with the city’s housing situation, followed by transport problems (32.56 percent) and inflation (20.2 percent). The survey’s results were announced by the association Wednesday. The ANJCM asked 817 local […]
The government plans to hire 2,224 new staff next year, raising the total number of public servants to 35,015, Andrew Chan Chak Mo, presidents of the 2nd Standing Committee of the Legislative Assembly, announced Tuesday. The number of government workers will then account for nearly nine percent of Macau’s total workforce. The government, the Venetian, […]
Chief Executive Fernando Chui Sai On Tuesday expressed his gratitude to the local garrison of the People’s Liberation Army (PLA) for its support in keeping Macau stable while Lieutenant General Qi Jianguo, deputy chief of general staff of the PLA, urged the nation’s armed forces to continue to ensure the city’s safety. The garrison Tuesday […]
National People’s Congress (NPC) Standing Committee Chairman Zhang Dejiang said Sunday that the Macau Basic Law and the principle of “One Country, Two Systems” have become Macau’s “mainstream values”. The speaker also urged Macau’s outgoing principal officials to continue contributing to society no matter what position they are in. Zhang made the remarks during a […]