Menu
Subscribe
Menu
Subscribe
Menu

News

Property prices fall 21.6 pct in April

Property prices fall 21.6 pct in April

Macau’s average residential property price per square metre dropped 21.6 percent to 103,128 patacas in April, the Finance Services Bureau (DSEC) has announced. According to the bureau, the average size of the units amounted to 68 square metres. The average price in Taipa was 139,080 patacas per square metre, up 31.5 percent year-on-year. In Coloane, […]
Macau GDP in Q1 slumps as casino revenues plunge

Macau GDP in Q1 slumps as casino revenues plunge

Macau’s economic output tumbled 24.5 percent in real terms in the first quarter, the Statistics and Census Bureau (DSEC) announced on Thursday, as a widening graft crackdown and slowing economy in the mainland keeps high rollers away from the city’s casinos. The fall in gross domestic product (GDP) from a year earlier was the deepest […]
Macau retail sales of watches jewellery fall 31 pct in Q1

Macau retail sales of watches jewellery fall 31 pct in Q1

Sales of watches, clocks and jewellery fell 31 percent to 3.7 billion patacas in the first quarter, the Statistics and Census Bureau (DSEC) announced on Tuesday. Watches, clocks and jewellery accounted for 23 percent of all retail sales –the sector’s biggest segment. Sales of leather goods dropped 28 percent to 1.59 billion patacas. Sales of […]
Macau to tighten control over migrant workers visas

Macau to tighten control over migrant workers visas

The government will tighten its control over migrant construction workers’ visas and cut their visa period to a maximum one-month stay after their assigned public work is complete. The Secretary for Economy and Finance, Lionel Leong, revealed on Saturday that the authorities will shorten the workers’ permitted period of stay, three months prior to the […]
Mothers complain about bad advice by Macau public hospital

Mothers complain about bad advice by Macau public hospital

Local mothers went on the social media over the weekend to vent their frustration on Macau’s health system, sharing their check-up experiences during pregnancies at the government-run Conde de Sao Januario Hospital Centre. They alleged that doctors gave them wrong medical advice causing them to almost lose their babies. This came after a local man […]
Macau inflation eases to 4.51 percent in April

Macau inflation eases to 4.51 percent in April

Macau’s inflation rate eased to 4.51 percent in April, the Statistics and Census Bureau (DSEC) announced on Thursday. According to a DSEC statement, the city’s composite consumer price index (CPI) for April increased 4.51 percent year-on-year, down from the 5.10 percent growth in March. The bureau pointed out that higher residential rents and the rising […]
Unlawful detention and loansharking cases in Macau double in Q1

Unlawful detention and loansharking cases in Macau double in Q1

Criminal cases of unlawful detention and loansharking surged significantly year-on-year in the first quarter of this year, as well as cases of arson, document forgery, and “crimes jeopardizing the territory.” The Secretary for Security, Wong Sio Chak, revealed the police’s latest crime statistics on Thursday, indicating that the number of criminal cases recorded in the […]
Wong hints at more CCTV cameras to boost security

Wong hints at more CCTV cameras to boost security

Secretary for Security Wong Sio Chak maintained on Wednesday that the installation of closed-circuit television (CCTV) cameras is meant to boost public security and to help the police solve crimes, adding that the installation of the public surveillance cameras follows the guidelines laid out by the Personal Data Protection Office (GPDP). He also indicated that […]
200 new taxi licence bids to be announced next month

200 new taxi licence bids to be announced next month

The Transport Bureau (DSAT) will hold a public session on June 23 to announce the successful bidders for 200 new taxi licences, according a statement from the bureau on Wednesday. The bureau also said in the statement that 230 taxi licences will expire later this year or next year. The 200 new taxi licences will […]
«‹ 1320 1321 1322 1323›»