The development of a financial services platform in Macao, able to offer new services such as credit insurance, will demand “many” specialised staff and training, according to economist Rodrigo Brum.
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The government has announced that it will submit a bill amending its budget for this year for the third time to the legislature, proposing to allocate MOP 8.15 billion (US$1.02 billion) from its extraordinary reserves so as to cover its expenditure to be spent during the remainder of this year.
Melco Resorts & Entertainment Limited today said that the show The House of Dancing Water “will continue to be closed in the next few months”.
Gaming and junket activities’ share of Macao’s gross domestic product rose by 0.2 percentage points from 50.7 per cent in 2018 to 50.9 per cent last year.
Macao’s gross domestic product (GDP) dropped by 63.8% year-on-year in real terms in the third quarter of this year.
The Legislative Assembly passed the outline of a government-initiated bill on fire safety in buildings and certain outdoor venues, proposing to give the Fire Services Bureau law enforcement powers to fine violators of fire safety regulations.
The Legislative Assembly (AL) on Thursday passed the outline of a government-initiated bill regulating the operation of the city’s wet markets, which proposes that residents who want to run a stall will have to bid for a licence, a change from the current practice in which available stalls are simply allocated through a lucky draw.
At Thursday’s opening ceremony of the International Environmental Crisis Management Forum and Exhibition (IECMF), Macao Trade and Investment Promotion Institute (IPIM) President Benson Lau Wai Meng said in a speech that Macao’s expo business was gradually making a comeback.
A 60-year-old local man who tested positive for Legionnaires’ disease on Sunday had been to a massage parlour in the mainland during the incubation period.