Finance chief proposes second budget amendment bill this year; payments to employees, freelancers and business operators should start next month.
Monetary Authority of Macao
Increase by 75 basis points from 1.25% consistent with Hong Kong as MOP is linked to HK$.
Webpage Q&A explains in simple steps how to register, and where the scheme – which runs until end of next February – can be used.
As MOP is linked to HK$, the movements of policy rates in Macao and Hong Kong should be consistent in order to maintain effective operation of the linked exchange rate system.
Bank of China, ICBC, Luso International, Tai Fung Bank, CGB, Mpay, AliPay and UePay lend support to e-payments.
Chief suspect refuses to cooperate with police; whereabouts of zodiac and commemorative handover bills still unknown.
Developing the securities market regarded as a major step forward in the diversification of Macao’s economy.
All 31 banks in the city taking part in new pataca-only scheme; officials eyeing transfers to Hong Kong dollars and renminbi for next phase.
Residents reminded that sign-up deadline is Friday 10 December; cards must be picked up by Monday 13 December.