The December 2017 deadline set by the Hong Kong government for the completion of their portion of the Hong Kong –Zhuhai-Macau Bridge looks increasingly unrealistic, according to a report from Hong Kong Free Press (HKFP). The report points out that the project, which includes an artificial island where the Hong Kong Boundary Crossing Facilities (HKBCF) […]
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Legal Affairs Bureau (DSAJ) Director Liu Dexue said on Thursday that the inadequate number of legal translators had created a bottleneck in the efficient drafting of bills and regulations. He also said that it could take two or three years for the bureau to recruit enough legal translators proficient in Portuguese and Chinese to overcome […]
Macau International Airport reported its passenger traffic rose 20% compared to a year ago to a more than 1.6 million passengers in the first quarter this year, or 18,000 passengers daily. The airport handled more than 14,000 flights (departure and arrival), a rise of 7% year-on-year. During the four-day Easter Holidays, the airport handled more […]
Newly-appointed Economic Services Bureau (DSE) Director Tai Kin Ip said on Tuesday his bureau would do more to boost “community-based economies” by providing support to small- and medium-sized enterprises (SMEs) and improving the business environment. Tai made the pledge after the swearing-in ceremony for his new post at the Bank of China Building in Nam […]
Secretary for Economy and Finance Lionel Leong Vai Tac said on Tuesday the 13.3 percent year-on-year decrease in the city’s casino revenue in the first quarter was what the government had expected. The Gaming and Inspection Co-ordination Bureau (DCIJ) announced on Friday that the casino sector’s gross revenue fell 13.3 percent year-on-year to 56.17 billion […]
Macau’s casino revenue fell more than analysts’ predictions last month as mainland gamblers vanished after February’s week-long Chinese New Year holiday. Gross gaming revenue (GGR) decreased 16.3 percent year-on-year to 17.98 billion patacas, the Gaming Inspection and Co-ordination Bureau (DICJ) announced on Friday, marking 22 consecutive months of declines. That compares with the median forecasts […]
Trade between the Chinese mainland and Macau totalled 460 million U.S. dollars in the first two months of this year, down 32 percent year on year, according to data from the Ministry of Commerce (MOC). Mainland exports to Macau stood at 440 million U.S. dollars, decreasing by 31.2 percent year on year. Imports from the […]
Macau’s imports of mobile phones fell by 50.2 per cent year-on-year to 1.009 billion patacas in the first two months, the Statistics and Census Bureau (DSEC) announced on Thursday. Imports of watches dropped by 36.4 per cent to 758 million patacas. Gold jewellery imports declined by 19.7 per cent to 1.07 billion patacas. Imports of […]
Macau’s newly opened Portuguese-speaking Countries Food Exhibition Centre, where over 700 kinds of products are on display, will help companies explore business opportunities, Macau Trade and Investment Promotion Institute (IPIM) President Jackson Chang Chou Weng said on Thursday. Addressing the opening ceremony of the centre in the so-called Glass House in Praça do Tap Seac, […]