The government expects to spend MOP 405 million on its annual medical subsidy programme – informally known as medical vouchers – this year, Executive Council (ExCo) spokesman Leong Heng Teng said late last week.
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Representatives of Macau’s six gaming operators said on Wednesday they believed the share of income from their non-gaming businesses in their total revenue will continue to rise.
The fiscal reserve of the Macau Special Administrative Region totalled MOP 438.7 billion (US$54.8 billion) at the end of 2016, an amount that represents an increase of 27% compared to 2015, according to the Monetary Authority of Macau (AMCM).
Prices in Macau in February rose by 0.37% year-on-year, “a substantial slowdown compared to the annual growth recorded in January (+1.76%),” due to the decrease observed in the prices of excursions and vegetables, reported Macau’s Statistics and Census Bureau.
The Civic and Municipal Affairs Bureau (IACM) said in a statement last night that it has decided to ban with immediate effect the importation of all frozen and chilled meat products from Brazil.
The government has established a committee with the aim of promoting the development and improvement of the management of the city’s coastal waters, according to an announcement in the Official Gazette on Monday.
The Tertiary Education Services Office (GAES) will link up with six local banks to launch an interest subsidy scheme for local graduates who learn Putonghua, Portuguese or English outside Macau, the office’s Assistant Coordinator Chang Kun Hong said Thursday.
From 1st November 2017, new regulations mandating that any cash or other negotiable monetary instrument over US$ 15,000 (MOP 120,000) passing through Macau Customs authorities have to be declared, according to local television broadcaster TDM.
The Monetary Authority of Macau (AMCM) increased its overnight discount base rate by o.25% of a percentage point to 1.25%, the AMCM said in a statement issued on Thursday.