The preliminary estimate of the Macau Special Administrative Region’s foreign exchange reserves reached to 125.9 billion patacas (15.76 billion U.S. dollars) at the end of June 2014, according to the figures released on Tuesday by the Monetary Authority of Macao. The reserves for June increased by 2.6 percent over the revised value of 122.7 billion […]
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Chief Executive Fernando Chui Sai On said in his re-election manifesto Tuesday that he will give “priority to issues concerning people’s livelihoods, such as housing, transport, environmental protection, social security and human resources.” The 57-year-old public health expert made the pledge during a press conference about his re-election bid at the Macau World Trade Centre […]
Health Bureau (SSM) Director Lei Chin Ion said Monday that his bureau would discuss with the Economic Services Bureau (DSE) a possible increase in the tobacco tax. Lei made the remarks during the legislature’s question-and-answer session in which lawmakers raised a range of hot-button issues. Lawmakers said that more and more of the city’s teenagers […]
Chief Executive Fernando Chui Sai On will announce this morning that he will seek re-election, veteran lawmaker Vong Hin Fai said Monday. Chui has chosen Vong as his “mandatary” once again. In a Portuguese-style election process, a “mandatary” is the legal representative of a candidate. He said that Chui, 57, and his campaign team would […]
Macau’s chief government spokesman Alexis Tam Chon Weng said at the weekend that a “referendum” planned by three local grassroots groups was a violation of the Constitution of the People’s Republic of China and the Macau Basic Law. Tam, who also heads the office of Chief Executive Fernando Chui Sai On and holds a string […]
The number of residential flats in an area to be reclaimed from the sea known as Zone A will be increased to 32,000 from the 18,000 the government had announced in 2012, the Executive Council (ExCo) announced in a press conference Thursday. The 1.38-square-kilometre Zone A lies north-east of the peninsula, stretching from Areia Preta […]
The government’s chief spokesperson Alexis Tam Chon Weng, who heads the office of Chief Executive Fernando Chui Sai On, said yesterday that a “referendum” which three groups plan to hold next month was “illegal” and “invalid.” Tam made the remarks after a press conference at Government Headquarters which he hosted to announce details of the […]
Internet group Macau Conscience is teaming up with the Open Macau Society and Macau Youth Dynamics to hold a so-called “civic referendum” at the end of next month on universal suffrage and this year’s chief executive election. Addressing a press conference at the New Macau Association (NMA) headquarters, high-profile political activists Jason Chao Teng Hei […]
Secretary for Transport and Public Works Lau Si Io said yesterday that the government had no timetable for when it will finish drafting an amendment bill on its home ownership scheme (HOS), adding the main reason for amending the law was to fix some issues that cropped up during its implementation. He made the remark […]