Macau’s water utility SAAM – commercially known as Macao Water – reported Tuesday an after-tax profit of 77.5 million patacas for last year, a year-on-year increase of about 20 percent.
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Macau’s economy is expected to expand at an average of 4.9% per year in 2018/2019, supported by the upswing in the gaming industry, according to the Economist Intelligence Unit (EIU) in its latest report on the territory, where it also said that the government’s efforts to diversify the economy should have very limited success.
Central People’s Government Liaison Office in Macau Director Zheng Xiaosong Monday urged Macau residents to respect and acknowledge the leadership held by the Communist Party of China (CPC) over the nation.
BNU
has requested a court in Lisbon to
enforce payment of a 6.3 million eu
ros (MOP 62.9 million) debt from
Maló Clinic.
Blatant insults or disrespect to a national symbol (the national flag, national emblem and national anthem) are punishable by a fine or up to three years’ imprisonment.
At least 40 government projects have been outsourced to the company since 2003. Last year it was awarded seven projects worth an estimated MOP23 million.
Galaxy Entertainment Group and Wynn Resorts, Limited announced that Galaxy Entertainment has agreed to purchase 5.3 million primary shares of Wynn Resorts at a price of $175 a share, resulting in $927,500,000 of gross proceeds to Wynn Resorts.
The Constitution was the fundamental law of China as it has the highest legal status nationwide, including in Macau and Hong Kong.
The financial support will cover two kinds of expenditure: design costs with a fixed rate of 100,000 patacas, and 50 percent of development costs up to 200,000 patacas.
