News

Macau, China, 20 Apr – China’s Prime Minister, Wen Jiabao, praised the Macau government’s efforts in facing the global financial crisis, though noted that the situation is going to continue for some time. Wen Jiabao spoke on Saturday in Boao, in the province of Hainan, in the south of China, during a meeting with Chief […]

Macau, China, 17 Apr – The Chief Executive of Macau, Edmund Ho Hau Wah, said Thursday that the government plans to grant each permanent resident 6,000 patacas (US$750) to aid the population during the current international financial crisis. Ho, who was speaking at the Macau Legislative Assembly, said it is proposing to grant non-permanent residents […]

Macau, China, 09 Apr – A survey released by the privately owned Political & Economic Risk Consultancy (PERC) in Hong Kong yesterday ranked Macau the fourth “least corrupt” among 14 Asia economies according with the Macau Post Daily. In the ranking, Singapore , Hong Kong and Japan finished in first, second and third place, respectively. […]

Macau, China, 6 Apr – The Macau secretary for Economy and Finance, Francis Tam Pak Yuen, said that the Chinese Special Administrative Region is not a tax haven and complies with current legislation regarding tax issues, helping international efforts in combating money laundering. The statements made by Francis Tam, disclosed by the Macau Government Information […]

Macau, China, 04 Apr – The Legislative Assembly (AL) passed Thursday the general outline of a governmentdrafted bill that will extend the investigative powers of the Commission Against Corruption (CCAC) from the public to the private sector . The draft law was narrowly passed with 15 votes , two nays and 10 abstentions. Lawyer Leonel […]

Macau, China 31 Mar- Ho Chio Meng, the Chief Procurator of the Special Administrative Region of Macau, received support from the Chinese Communist Youth League to become the future Chief Executive of the territory, reported Ponto Final newspaper in an article published last week. The Portuguese-language newspaper cited a report in China Profiles, which was […]

Macau, China, 30 Mar – Macau’s GDP fell 7.6 percent year-on-year in real terms in the fourth quarter of 2008, the first year-on-year negative growth over the past five year, according to figures released by the Statistics and Census Service (DSEC) on Friday. For the whole of last year, GDP reached a record US$ 21,483 […]

Macau, China, 26 Mar – The government of Macau plans to reduce imported labour by at least a half to ensure work for Macau residents, according to a statement from the Government Information Bureau. The number of non-resident workers in Macau currently stands at 89,331 people, 15,000 less when compared to September, 2008. The Macau […]

Macau, China, 23 Mar – Businessman Ho Iat Seng, who has been mentioned as one of the potential candidates for the Chief Executive of the Special Administrative Region of Macau from 20 December 2009, said Monday that he was “not a candidate for the post.” Speaking to television station, Teledifusão de Macau (TDM) Ho Iat […]