The latest statistics from the Monetary Authority of Macao indicate that new approvals of both residential mortgage loans (RMLs) and commercial real estate loans (CRELs) have increased in June. The total outstanding balance on the loans also witnessed an increase. June recorded MOP3.9 billion worth of new residential mortgage loans being approved by Macau banks, […]
News
The government will decide on whether to keep the scooter-only lane on Sai Van Bridge or to cancel it by early next year, Secretary for Transport and Public Works Raimundo do Rosário said on Tuesday. The policy secretary made the remark during a Q&A plenary session in the Legislative Assembly (AL). In 2012, the government […]
The government is planning to draft further regulations on food safety by 2017, according to the Civic and Municipal Affairs Bureau (IACM) president Alex Vong. “We have administrative regulations [ensuring food safety.] And by 2017, we will introduce more regulations on this matter,” he told lawmakers on Tuesday. Mr Vong also revealed that IACM is […]
Gymnast-turned-entrepreneur Li Ning had a simple message for local youths aspiring to start a business on Monday: don’t be fazed by any hurdles or challenges and look for opportunities that lie beneath them. Li was a speaker of a seminar co-organized by the Macau Trade and Investment Promotion Institute (IPIM) and the Macau Youth Entrepreneur […]
A land swap case involving the site of the former Iec Long Firecracker Factory in Taipa has been submitted to the Commission against Corruption (CCAC), Secretary for Transport and Public Works, Raimundo do Rosário, said on Monday. Rosário talked to reporters on the sidelines of a Q&A plenary session in the Legislative Assembly (AL). “I […]
The local population climbed to 642,900 at the end of June, rising from 640,700 in March, according to the latest demographic figures from the Statistics and Census Service released on Monday. Females accounted for 50.6 percent of the region’s population, which equates to 325,400 in total. The number of newborn infants slipped 2.9 percent in […]
Legislator-cum-urban planner Jose Chui Sai Peng suggested on Sunday the government could perhaps come up with some alternative plans for the hotly debated Zone B. Chui made the suggestions during an urban planning colloquium at Macau Science Centre, where local and Hong Kong’s urban planners and developers discussed the government’s New Reclaimed Lands Master Plan […]
Typhoon Soudelor not only brought Taiwan and Fujian province torrential and destructive rain over the weekend, on Sunday it also broke Macau’s record for the highest temperature of the year. According to the Meteorological and Geophysical Bureau, the highest temperature recorded by the meteorological station on the Taipa Grande over the past two days was […]
Policy Research Centre (GEP) Director Lau Pun Lap said on Wednesday that his centre’s estimate for Macau’s population in 2025 to be 750,000 was not the government’s target, adding that Macau’s population development was closely linked to the city’s economy. Lau was a guest on a phone-in programme of TDM’s Chinese-language radio station Ou Mun […]