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Macau jurisdiction of coastal water starts on Sunday

Macau jurisdiction of coastal water starts on Sunday

Macau’s coastal waters covering an area of 85 square kilometres and part of the Duck Channel will finally under the city’s jurisdiction from Sunday, the 16th anniversary of the Macau Special Administrative Region (MSAR), the State Council in Beijing decided on Wednesday. “The government of the Macau Special Administrative Region expresses its sincere gratitude to […]
Macau Government proposes longer sentences for drug crimes

Macau Government proposes longer sentences for drug crimes

Executive Council spokesman Leong Heng Teng said the government was proposing to increase the minimum sentence for the selling of drugs, and both the minimum and maximum sentence for drug-taking. Leong said the Executive Council had completed discussing a bill proposing a number of changes to the current anti-drug law, based on suggestions from the […]
Leong urges society to join Macau government in ‘fighting prolonged war’

Leong urges society to join Macau government in ‘fighting prolonged war’

Secretary for Economy and Finance Lionel Leong Vai Tac urged all sectors of civil society to put in an effort along with the government to face the city’s economic transition in a positive way and with an attitude as if “fighting a prolonged war”. Leong made the remarks during an unannounced meeting with representatives from […]
Macau Trade and Investment Promotion Institute to open offices in Lisbon & Sao Paulo in Q2 or Q3

Macau Trade and Investment Promotion Institute to open offices in Lisbon & Sao Paulo in Q2 or Q3

Macau Trade and Investment Promotion Institute (IPIM) Executive Director Gloria Batalha Ung said that in order to provide better assistance to local enterprises, small- and medium-sized enterprises (SMEs) in particular, to develop their business ties with the Portuguese-speaking countries, the institute planned to set up representative offices in Lisbon and Sao Paulo. Ung also said […]
Macau’s economy to resume growth in 2017

Macau’s economy to resume growth in 2017

Macau’s economy will resume growth in 2017, at a rate of 4.6 percent, after ending 2015 with a contraction of 23.0 percent and continuing in negative territory in 2016, with -2.7 percent, according with the most recent forecasts from the Economist Intelligence Unit (EIU). Gross fixed capital formation, or investment, which in 2014 recorded exceptional […]
Macau residents most dissatisfied with transport

Macau residents most dissatisfied with transport

An annual survey jointly conducted by the Macau Economic Association (AEM) and the Macau Polytechnic Institute (IPM) last month shows that residents are most dissatisfied with transport, followed by the cost of living, quality of life and the government. AEM President Joey Lao Chi Ngai said the survey asked 1,017 locals aged 18 and over […]
Mainland-Macau trade up 23 per cent in first 10 months of 2015

Mainland-Macau trade up 23 per cent in first 10 months of 2015

According to figures from the Ministry of Commerce, trade between mainland China and Macau has increased by 32 percent year on year to reach USD3.95 billion for the first ten months of 2015. The mainland’s exports to Macau rose by 34.6 percent year on year to USD3.79 billion during the January–October period. Macau’s exports to […]
Macau casinos don’t use Alipay said Leong Vai Tac

Macau casinos don’t use Alipay said Leong Vai Tac

Secretary for Economy and Finance Lionel Leong Vai Tac said that no casinos are using Alipay, a third-party on-line payment platform affiliated to Alibaba Group. The policy secretary also said the government would ensure that all transactions through Alipay be dealt with in line with official regulations. Leong made the remarks on the sidelines of […]
No mainland law enforcement on Macau side

No mainland law enforcement on Macau side

Secretary for Security Wong Sio Chak said that the local police would continue discussions today with their counterparts in the mainland about details of a new entry-exit system initially only planned for the future Duck Channel checkpoint, adding that the government would ensure that the new system will be in line with the Macau Basic […]
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