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Macau Government income drops 32.3 percent in January-August

Macau Government income drops 32.3 percent in January-August

The Macau government’s receipts dropped 32.3 percent year-on-year to 72.7 billion patacas in the first eight months of the year, the Finance Services Bureau (DSF) announced on Monday. The government’s income from direct gaming taxes fell 35.5 percent to 58.58 billion patacas. Gaming tax payments accounted for 80.6 percent of the government’s total revenue between […]
Macau Real Estate mortgage loans decrease

Macau Real Estate mortgage loans decrease

The new real estate mortgage loans (RMLs) approved by Macau banks decreased 23.9 percent year-on-year in July, according to figures released by the Monetary Authority of Macau. New RMLs increased 6.6 percent month-on-month, reaching MOP4.2 billion in value, and 96.6 percent of them were granted to residents. In terms of value, new RMLs to residents […]
Macau Chief Executive vows more resources for education

Macau Chief Executive vows more resources for education

The government will allocate more resources to improve teacher training and school facilities, Chief Executive Fernando Chui Sai On said on Thursday. Chui made the pledge in a speech at a Teacher’s Day banquet hosted by the Chinese Educators Association of Macau at Fisherman’s Wharf. “Looking at the teachers here, I recall my memories of […]
Macau Chief Executive vows more resources for education

Macau Chief Executive vows more resources for education

The government will allocate more resources to improve teacher training and school facilities, Chief Executive Fernando Chui Sai On said on Thursday. Chui made the pledge in a speech at a Teacher’s Day banquet hosted by the Chinese Educators Association of Macau at Fisherman’s Wharf. “Looking at the teachers here, I recall my memories of […]
Union urges Macau government to have ‘solid plan’ for labour law changes

Union urges Macau government to have ‘solid plan’ for labour law changes

Macau Federation of Trade Unions Vice-President Lei Chan U said on Wednesday the government should come up with a solid plan before proposing amendments to the Labour Relations Law. Lei made the appeal during a forum at the federation’s branch in Toi San. The forum was held to provide a platform for gaming industry employees […]
Union urges Macau government to have ‘solid plan’ for labour law changes

Union urges Macau government to have ‘solid plan’ for labour law changes

Macau Federation of Trade Unions Vice-President Lei Chan U said on Wednesday the government should come up with a solid plan before proposing amendments to the Labour Relations Law. Lei made the appeal during a forum at the federation’s branch in Toi San. The forum was held to provide a platform for gaming industry employees […]
Macau customs nab duo smuggling bogus goods

Macau customs nab duo smuggling bogus goods

Macau Customs Service officers have busted a 53-year-old logistics company owner, surnamed Lai, and a 56-year-old driver, surnamed Kou, on suspicion of smuggling bogus goods into the city from the mainland before sending them on to a third destination. Both male suspects are local residents, according to the Customs Service. Customs Service spokesperson Ian Chan […]
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