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New Forum Macau coordinator vows to strengthen “Platform Role”

New Forum Macau coordinator vows to strengthen “Platform Role”

The former executive director at the Macau Trade and Investment Promotion Institute (IPIM), Echo Chan, officially took office Wednesday as the new Coordinator of the Support Office to the Permanent Secretariat of the Forum for Economic and Trade Co-operation between China and Portuguese speaking Countries (Forum Macau). “I will apply my experience, accumulated in my […]
Macau power utility says natural gas project may cost 1.7 billion patacas

Macau power utility says natural gas project may cost 1.7 billion patacas

Local power utility CEM is looking to replace its fuel oil generators with ones that use natural gas to produce cleaner electricity, which could cost 1.7 billion patacas, CEM Executive Committee Chairman Bernie Leong Wa Kun said on Wednesday. Leong made the remark while speaking to reporters on the sidelines of the company’s annual Spring […]
Liaison Office in Macau gets 2 more vice-directors

Liaison Office in Macau gets 2 more vice-directors

The State Council has appointed Sun Da and Zheng Zhentao as vice-directors of the Liaison Office of the Central People’s Government in Macau, according to a statement announced from the office on Wednesday. Including the two new vice-directors, the office now has a total of five vice-directors. The other three are Chen Sixi, Chen Qiming […]
Macau Police bust gang pimps led by 16-year-old kingpin

Macau Police bust gang pimps led by 16-year-old kingpin

The Public Police Security Police (PSP) busted a pimping gang from the mainland on Sunday, arresting 36 suspected gang members, including four kingpins, aged between 16 and 27. One of the suspected kingpins was just 16 years old. The suspects were arrested in four guestrooms of a hotel in Cotai. The police did not reveal […]
Business Leaders met in Macau to discuss Modern Day Slavery

Business Leaders met in Macau to discuss Modern Day Slavery

The Good Shepherd Centre led by Sister Juliana Devoy and the Vital Voices Global Partnership held a one-day conference titled “Business Leadership to End Human Trafficking & Modern Day Slavery” at the MGM Macau on Tuesday. This conference brought together over 100 participants from Macau and abroad. Conference speakers included Cheang Kam Va Advisor to […]
Two fatalities in Macau traffic accident

Two fatalities in Macau traffic accident

Local police have launched an inquiry into a fatal traffic accident that occurred near the hangar of the Macau International Airport Monday afternoon at around two o’clock, resulting in two fatalities. The accident, which killed a motorcyclist on the spot, involved a motorbike, a truck, as well as a taxi. The initial investigation disclosed that […]
Macau Fund proposes raising pensions, subsidies in July

Macau Fund proposes raising pensions, subsidies in July

Social Security Fund (FSS) President Ip Peng Kin announced on Monday that the fund is proposing an increase in various pensions and subsidies effective in July. According to Ip, the fund proposed on Monday that the old-age pension and disability pension be raised by 5.35 percent, from 3,180 to 3,350 patacas per month, while the […]
Macau government to introduce minimum wage by 2018

Macau government to introduce minimum wage by 2018

The government intends to introduce a universal minimum wage for all workers, following its initial introduction for cleaning and security personnel working in property management companies. “We intend to implement the minimum wage for those two sectors this year. But our stand on this is implementing a minimum wage for all workers within three years,” […]
Macau’s GDP shrinks 0.4 percent in 2014 – down 17 percent in Q4

Macau’s GDP shrinks 0.4 percent in 2014 – down 17 percent in Q4

Macau’s gross domestic product (GDP) fell 0.4 percent in real terms last year, the first annual drop since the establishment of the Macau Special Administrative Region (MSAR) in 1999, according to figures released by the Statistics and Census Bureau (DSEC) on Friday. In the fourth quarter of last year, GDP was down 17.2 percent year-on-year […]
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