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Macau visitor expenditure increased 17.4 per cent

Macau visitor expenditure increased 17.4 per cent

According to information released by the Statistics and Census Service (DSEC), total visitor spending (excluding gaming expenses) increased by 17.4 per cent year-on-year to MOP14.64 billion in the third quarter of 2016, putting to an end the seven consecutive quarters of year-on-year decline. The third quarter also showed an expansion of more than 25 per […]
Macau to strengthen ties with Jinan University

Macau to strengthen ties with Jinan University

Chief Executive Chui Sai On met with the President of Jinan University, Hu Jun, to exchange views on the tertiary education sector and on talent development on Friday. The CE was on a two-day visit to Guangzhou, Guangdong Province, following an invitation from Jinan University to participate in the celebrations of the institution’s 110th anniversary. […]
14 hotels under construction in Macau in Q3

14 hotels under construction in Macau in Q3

A total of 14 hotel projects were under construction during the third quarter of the year, expected to bring 5,606 new hotel rooms to the MSAR, according to the official data from the Land, Public Works and Transport Bureau (DSSOPT). These new hotel projects occupy a total of 512,316 square metres. Of the total, three […]
Macau’s economy begins significant transition, IMF says

Macau’s economy begins significant transition, IMF says

Macau’s economy has begun a process of “significant transition”, and the government has used the opportunity to adopt a less volatile economic model and more sustainable funding sources, said the International Monetary Fund (IMF), in a statement in Washington. The IMF mission that was in the territory from 3 to 4 November, which will produce […]
Traffic jams during Macau Grand Prix 1st day

Traffic jams during Macau Grand Prix 1st day

There were traffic jams and “slow moving traffic” on the northern part of the peninsula on Thursday morning, the first day of the annual Macau Grand Prix, which ends on Sunday, the Public Security Police (PSP) said in a statement. According to the statement, during the 8:30 a.m. to 10 a.m. rush hour the traffic […]
Macau needs a theme park says Chief Executive

Macau needs a theme park says Chief Executive

Chief Executive Fernando Chui Sai On said on Wednesday that a theme park is needed in Macau to boost family tourism. Chui made the remarks when answering lawmaker-cum-developer Tommy Lau Veng Seng’s question during a Q&A plenary session in the legislature’s hemicycle. The session came one day after Chui delivered his 2017 Policy Address. Chui’s policy address states that the government will […]
Red panda pair undergoing quarantine in Macau

Red panda pair undergoing quarantine in Macau

A pair of red pandas from Chengdu have arrived in Macau and are currently undergoing a 30-day quarantine in Seac Pai Van Park, a statement from the Civic and Municipal Affairs Bureau (IACM) said on Wednesday. The statement did not say exactly when the red pandas arrived, only saying that they had arrived safely and were healthy. According to the statement, the government […]
Social rental housing will be given priority says Chief Executive

Social rental housing will be given priority says Chief Executive

Chief Executive Chui Sai On said in his 2017 Policy Address that the government would continue to implement its current public housing policy in which social rental housing will be given priority over subsidised home ownership scheme (HOS) flats. Chui also said that the government would continue its annual “wealth-sharing” handout scheme next year – 9,000 patacas for permanent and 5,400 patacas for […]
Chui stresses importance of building Macau’s public housing on ex-Scala plot

Chui stresses importance of building Macau’s public housing on ex-Scala plot

Chief Executive Fernando Chui Sai On said on Tuesday that the government would push ahead with its controversial plan to build public housing on the plot of the abandoned La Scala luxury housing project in Taipa, as the government was determined to tackle the city’s strong public housing demand. Speaking during a post-policy address press […]
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