Secretary for Economy and Finance Lionel Leong Vai Tac said on Thursday that the government would keep a close eye on the local mortgage market and banking sector after the US Fed’s rate hike in Washington, DC, on Wednesday. Leong made the remarks after a closed-door meeting with the legislature’s 3rd Standing Committee about the […]
Politics
Responding to lawmakers’ doubts on the expected impact of new motor vehicle tax rates on lowering the city’s annual growth rate in motor vehicles, Transport Bureau (DSAT) Director Lam Hin San said he believed that once the new tax rates are in place the annual growth rate will drop by about 1 percentage point from […]
Macau’s coastal waters covering an area of 85 square kilometres and part of the Duck Channel will finally under the city’s jurisdiction from Sunday, the 16th anniversary of the Macau Special Administrative Region (MSAR), the State Council in Beijing decided on Wednesday. “The government of the Macau Special Administrative Region expresses its sincere gratitude to […]
Executive Council spokesman Leong Heng Teng said the government was proposing to increase the minimum sentence for the selling of drugs, and both the minimum and maximum sentence for drug-taking. Leong said the Executive Council had completed discussing a bill proposing a number of changes to the current anti-drug law, based on suggestions from the […]
Secretary for Economy and Finance Lionel Leong Vai Tac urged all sectors of civil society to put in an effort along with the government to face the city’s economic transition in a positive way and with an attitude as if “fighting a prolonged war”. Leong made the remarks during an unannounced meeting with representatives from […]
An annual survey jointly conducted by the Macau Economic Association (AEM) and the Macau Polytechnic Institute (IPM) last month shows that residents are most dissatisfied with transport, followed by the cost of living, quality of life and the government. AEM President Joey Lao Chi Ngai said the survey asked 1,017 locals aged 18 and over […]
Secretary for Security Wong Sio Chak said that the local police would continue discussions today with their counterparts in the mainland about details of a new entry-exit system initially only planned for the future Duck Channel checkpoint, adding that the government would ensure that the new system will be in line with the Macau Basic […]
Secretary for Transport and Public Works Raimundo do Rosário said on Thursday it was “not normal for there to be 80 casinos shuttle bus routes while there are only about 70 public buses routes”, vowing that the government will tackle the issue in 2016. Speaking in the Macau Assembly Rosário apologised about how to deal […]
Secretary for Transport and Public Works Raimundo do Rosario said he expected the Taipa section of the city’s Light Rapid Transit System (LRT) to finally start operating in 2019, adding that the government should be able to launch a public tender for the construction of the LRT station in Barra next year. Previously, the Taipa […]