When complete, the $3.8 billion facility will become one of the African continent’s most important aviation hubs.
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The news comes as the government makes moves to liberalise the local aviation sector and end the monopoly of Air Macau, of which Ho is also a director.
A large youth camp at Hac Sa Beach, and a ‘sports park’ to be built on the site of the old canidrome, will boost leisure options in the city.
Brazil is the world’s largest producer and exporter of soybeans and is benefitting from a rise in Chinese demand for the commodity.
The no. 8 signal was hoisted for more than 14 hours yesterday as Typhoon Talim came close to the territory, but there were few reports of damage.
A projection from the Macau Economic Association says indicators are slightly below expectations but stable and improving.
Lower freight costs, higher production and a rise in the price of oil from competitor Saudi Arabia will see a sharp surge in volumes.
Schools, government offices and banks are suspended and winds with gusts potentially exceeding 180 kilometres per hour are affecting the territory.
More than 110 dogs are currently being sheltered by the Macau Association for Stray Dogs and Animal Welfare, but costs are mounting.