Credit ratings agency Moody’s Investors Service has issued Macau with a strong “Aa3 stable” rating, citing the absence of government debt and fiscal surpluses as factors supporting the build-up of large fiscal reserves.
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The Meteorological and Geophysical Bureau (SMG) said in a statement Tuesday evening that it would possibly hoist the No. 3 storm warning signal during the day today.
The locally registered Polytex Import and Export Co. Ltd. will demand from the government at least 60 billion patacas in compensation if the government fails to grant the land concession of the mothballed Pearl Horizon mixed-used property project to company again, the Portuguese-language newspaper Hoje Macau reported.
The government will launch a two-month public consultation late this month on the drafting of a bill amending the current Road Traffic Law, with the aim of combating traffic offences more effectively and thereby improving the city’s road safety.
Three local environmental advocacy groups – the Association of Synergy of Macau, Green Future and Macau Less Plastic Lifestyle – co-launched a map Monday that shows the locations of water fountains around the city, with the aim of encouraging the public to get their potable water from bubblers instead of buying bottled water.
The annual June 4 vigil was held Monday night in Senado Square attracting approximately 200 attendees as the weather improved later into the evening.
The owners of the Macau (Yat Yuen) Canidrome Co. Ltd. have been told by the Civic and Municipal Affairs Bureau (IACM) to submit a revised proposal on the fate of its about 600 greyhounds, government-owned broadcaster TDM-Radio Macau has reported.
Growth of Macau’s gross casino revenue slowed to 12.1% in May, compared to 27.6% in April and 22.2% in March, according to the Macau Gaming Inspection and Coordination Bureau.
Secretary for Economy and Finance Lionel Leong Vai Tac said Thursday that Macau will further strengthen its partnership with Zhuhai to jointly strengthen the development of the Guangdong-Hong Kong-Macau Greater Bay Area (GBA).