Chief executive candidate Ho Iat Seng — if he succeeds in his election bid — will streamline Macau’s public administration system.
Politics
Chief executive candidate Ho Iat Seng called for the “healthy” development of the gaming industry and also for tightening its supervision.
Alan Ho Ion Sang was elected second secretary of the executive board of the Legislative Assembly.
The current systems to elect the chief executive and legislators are suitable for Macau.
The controversial bill proposing the transfer of MOP 60 billion for setting-up MSAR Investment and Development Fund is to be withdrawn from Wednesday’s plenary session agenda.
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.
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.