Macau, China, 21 Nov – The “final” construction cost of the University of Macau ’s new campus in Zhuhai’s Hengqin Island will amount to 9.8 billion patacas (US$ 1.225 billion), 50.8 percent more than originally planned, Secretary for Transport and Public Works Lau Si Io revealed during a visit to the project site on Friday, […]
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Macau, China, 21 Nov – Macau’s inflation rate hit 6.71 percent last month, the highest rate since November 2008, according to official statistics. A government statement attributed the “significant” increase in the composite consumer price index (CPI) to higher prices of petrol, eating out, gold jewellery, fresh fish and fresh pork, and food and non-alcoholic […]
Macau,China, 17 Nov – Chief Executive Fernando Chui Sai On pledged Wednesday that as long as he heads the local government there will be no croupiers recruited from outside Macau . According to The Macau Post Daily, Chui made the promise while he returned to the legislative hemicycle for a question and answer session after […]
Macau, China, 17 Nov – The Monetary Authority of Macau (AMCM) plans to propose to the People’s Bank of China (PBOC) to authorise the Macau Special Autonomous Region (MSAR) Fiscal Reserve to invest in the mainland inter-banking and stock market, the AMCM said in a statement published Tuesday. The statement also said that the AMCM […]
Macau, China, 16 Nov – Raising the living standards of Macau residents is top of the government’s agenda in the coming year, Chief Executive Fernando Chui Sai On said in 2012 Policy Address presented to lawmakers Tuesday. Chui unveiled a string of measures to fight rising inflation in his address, including a further injection of […]
Macau, China, 14 Nov- About 80 percent of 966 local respondents think that they are under stress, according to the findings of a survey cited by The Macau Post Daily today. About 22.5 percent thought they suffered from “high levels of stress”, about 48.8 percent thought they were under “some stress” and nine percent thought […]
Macau, China, 11 Nov – The Office of the Chief Executive of the Macau Special Administrative Region (SAR) officially launched its website Thursday with information related to Chief Executive (CE) Chui Sai On as an effort to promote communication between the government and local residents. The new website, which has both Chinese and Portuguese language […]
Macau, China, 11 Nov – Macau’s estimated population – comprising residents and imported workers – reached a record 560,100 at the end of the third quarter, according to official statistics. Based on its land area of just 29.7 square kilometres, Macau population density reached a world-record 18,858 inhabitants per square kilometre in September. The city’s […]
Macau, China, 10 Nov – The grassroots New Macau Association (NMA) Wednesday pressed for three more directly elected seats by reducing the number the government-appointed seats from seven to four in the Legislative Assembly (AL) in 2013, The Macau Post Daily reports today, quoting the group’s president, Jason Chao Teng Hei Chao and the association’s […]