The demolition of the controversial Lai Chi Vun shipyards area has been postponed for a year; a period of time which will allow the Cultural Affairs Bureau to complete an evaluation process to determine whether Lai Chi Vun is a historical site.
News
Debate over legal amendment which establishes new rules for the financial transparency of Macau based persons and companies which have tax residences abroad has reached a conclusion.
The 10th Macau International Environmental Co-operation Forum and Exhibition (2017 MIECF) is scheduled to be held from Thursday to Sunday at the Venetian in Cotai.
Secretary for Economy and Finance Lionel Leong Vai Tac pledged on Monday that the government will strive to improve the performance of investments that it makes from its financial reserves.
Chief Executive Fernando Chui Sai On congratulated Carrie Lam Cheng Yuet-ngor on Sunday on winning the election of the fifth-term chief executive of the Hong Kong Special Administrative Region (HKSAR).
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.
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.