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Property sales in Macau double in September

Property sales in Macau double in September

The number of flats sold last month rose 100 per cent year-on-year to 934, according to official statistics released by the Financial Services Bureau (DSF) on Tuesday. In September last year, 466 units changed hands. Month-on-month, the number of flats sold rose 25.4 per cent. The average price per square metre fell 2.2 per cent […]
Spending on Sino-Lusophone culture week cut by 9 per cent

Spending on Sino-Lusophone culture week cut by 9 per cent

The budget for the 8th China and Portuguese-speaking Countries Cultural Week opening next week is around 8 million patacas, about 9 per cent lower than the previous year, in response to the government’s policy to cut-back on public spending, according to one of the officials preparing the annual event. The event will last from October 24 […]
Ex-Macau Transport Bureau official gets 12 and a half years for graft 

Ex-Macau Transport Bureau official gets 12 and a half years for graft 

  The former chief of the Transport Bureau’s (DSAT) Division of Transport Management, Lou Ngai Wa, was sentenced on Monday to 12 and half years in prison, with a 36,000 patacas fine for his involvement in a public car park management corruption case which took place between 2012 and 2015. Lou was convicted of corruption, abuse […]
Macau supports Pan Pearl River Delta cooperation says Chief Executive

Macau supports Pan Pearl River Delta cooperation says Chief Executive

Chief Executive Chui Sai On said Friday at the 2016 Pan-Pearl River Delta (PPRD) Regional Cooperation Chief Executive Joint Conference in Nanchang, Jiangxi province that Macau will integrate development with its unique advantages, to fully support PPRD cooperation and innovative development, and will promote the “Belt and Road” initiative. Speaking at the conference, Chief Executive Chui Sai […]
Macau International Fair in 2016 will have over 1,600 stands

Macau International Fair in 2016 will have over 1,600 stands

The 21st edition of the Macau International Fair (MIF), taking place from 20 to 22 October, will have the participation of over 50 countries and regions showcased at over 1,600 stands, said the fair’s organising body, the Macau Institute for Trade and Investment Promotion (IPIM). Based on the theme of “Cooperation – The Key to […]
Macau government bans 5 dog breeds and other animals

Macau government bans 5 dog breeds and other animals

  Tibetan Mastiffs, Filas Brasileiros, (Brazilian Mastiff), Dogos Argentinos, (Argentine Mastiffs), Tosas (Japanese Mastiffs) and Pit Bull Terriers and their cross-breeds have been banned by the government as part of the Animal Protection Law, according to an executive order published by the Official Gazette (BO) on Tuesday. The order took effect on Wednesday. The executive order is […]
Li pushes for diversification in Macau and vows to return

Li pushes for diversification in Macau and vows to return

On the last of his three-day inspection visit to Macau, Premier Li Keqiang elaborated on 19 measures to support Macau’s development, including the implementation by the end of this year of a policy to allow Macau-registered vehicles to enter Hengqin Island, as well as the implementation by June 30 next year of a policy to allow both […]
New federation helps deepen Sino-PSCs co-operation says vice-minister

New federation helps deepen Sino-PSCs co-operation says vice-minister

Vice Minister of Commerce Gao Yan said on Wednesday that entrepreneurs from China and Portuguese-speaking countries (PSCs) would use a newly-set up federation as a platform to deepen bilateral trade and investment. Gao made the remarks in a speech at the 5th Ministerial Conference of the Forum for Economic and Trade Co-operation between China and […]
Chinese fund for investment in PSCs will be based in Macau

Chinese fund for investment in PSCs will be based in Macau

The headquarters of the US$1 billion fund for investment in Portuguese-speaking countries announced by China in 2013 will be transferred from Beijing to Macau to facilitate contact with potential interested parties, the President of the Fund said on Wednesday in Macau. The information was provided to Portuguese news agency Lusa by the president of the […]
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