The overall budget for November’s by-election of an indirectly-elected seat in the Legislative Assembly has been set at 3.28 million patacas.
Politics
Commander Xu Liangcai pointed out that this year marks the 20th anniversary of the stationing of a garrison of the People’s Liberation Army in Macau.
The government plans to set up the local version of a “sovereign wealth fund” with a proposed capital of 60 billion patacas.
Macau flag will be flown at half-mast today to mourn the passing of the nation’s former premier Li Peng.
Former Legislative Assembly president Ho Iat Seng has been accepted by the commission as a nominee for running in next month’s chief executive election.
Ho Iat Seng’s election as Macau’s third chief executive next month is a done deal, as he has secured the backing of 94.5% of the Chief Executive Election Committee.
13 local residents plan to run in the chief executive election next month and have picked up nomination forms.
Kou Hoi In was elected president of the Legislative Assembly by his peers on Wednesday, with 90. 6 per cent of the votes cast, succeeding chief executive hopeful Ho Iat Seng who resigned from the legislature early this month.
The schedule for the by-election of a vacant business-sector seat in the Legislative Assembly is scheduled to be held on November 24.