Businessman and politician Victor Ng Wing Lok, former deputy and president of the Macau Foundation died Sunday at the age of 90.
Legislative Assembly
Tong Hio Fong, who heads the Legislative Assembly Electoral Affairs Commission, said that over 320,000 permanent residents will be eligible to vote in the 2021 direct election.
The government will continue to run a budget deficit, although formally the budget is a balanced one thanks to a cash injection accounting for nearly 28% of next year’s expected government revenue.
The Legislative Assembly passed the government’s third 2020 budget amendment bill.
Secretary for Economy and Finance Lei Wai Nong said that the local government has not yet carried out an in-depth study on the possibility of setting up a Macao securities exchange in Hengqin, but it would keep an open mind on the possibility.
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.
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.
Chief Executive Ho Iat Seng will deliver his 2021 Policy Address in the hemicycle of the Legislative Assembly (AL) from 3 pm today. Afterwards, he will give a press conference at Government Headquarters starting at 5 pm.