UM lowers GDP growth forecast to 16.8%

The University of Macau (UM) has revised its economic projection on the SAR, predicting a growth of 16.8% to MOP415.3 billion (equivalent to 94.5% of

Fitch affirms Macau’s ‘AA’ rating, cites potential economic diversification

Rating agency Fitch Ratings has affirmed Macau’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘AA’ with a stable outlook, believing recent changes to China’s credit profile

Germany’s Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict

German Chancellor Olaf Scholz arrived in China yesterday on a visit focused on the increasingly tense economic relationship between the sides and differences over Russia’s invasion of

Modi vows to boost social spending, make country into a manufacturing hub ahead of election

Indian Prime Minister Narendra Modi yesterday vowed to boost social spending, develop infrastructure and make India into a global manufacturing hub as companies shift away from

Thai foreign minister urges Myanmar’s military to avoid violent attack on border town its army lost

Thailand’s foreign minister late last week said he urged Myanmar’s military authorities not to violently respond to its army’s loss of an important border trading town to

Israel says Iran launched more than 300 drones and missiles, 99% of which were intercepted

Booms and air raid sirens sounded across Israel early yesterday after Iran launched hundreds of drones, ballistic missiles and cruise missiles in an unprecedented revenge mission that

1986 US launches air strikes on Libya

At least 100 people have died after USA planes bombed targets in the Libyan capital, Tripoli, and the Benghazi region. Around 66 American jets, some of

Holloway’s last-second KO of Gaethje likely will be lasting memory of UFC 300

 Alex Pereira left no doubt he was the true light heavyweight champion in the main event, knocking out Jamahal Hill 3:14 of the first round

Police identify the Sydney stabbing attacker who killed six people

Police identified yesterday the assailant who stabbed and killed six people at a busy Sydney shopping center before a police officer fatally shot him.

174 people stranded in the air rescued, almost a day after a fatal cable car accident in Turkey

The last of 174 people stranded in cable cars high above a mountain in southern Turkey were brought to safety Saturday, nearly 23 hours after one pod hit a

Visit opportunity to reinforce common ground

Strengthening Sino-German economic cooperation, rebalancing the trade relations between the European Union and China, and seeking solutions to hotspot issues are reportedly the three goals of German Chancellor

Monday, April 15, 2024 – edition no. 4462

— Gov’t to scrap property curbs to boost the lackluster market * Ecological Island: the ‘only solution’ — DSAMA study shows 70% supports construction amid petitions as the waters are visited by

Pereira Coutinho paints a dark picture of the local economy, calls for consumption cards

Lawmaker José Pereira Coutinho has painted a dark picture of the local economy, calling on the government to enforce new financial support measures such as the reissuing

Price for land rented from Zhuhai for LRT still ‘a mystery’

The Secretary for Administration and Justice, André Cheong has failed, yet again, to provide the rent figure that will be paid to the authorities of

Lam Lon Wai calls gov’t to strengthen prevention mechanisms to protect minors

Lawmaker Lam Lon Wai called on the government’s security and education departments to be actively engaged in crime prevention education for local minors.

Election law review finally approved and ready for next year’s election

Lawmakers who comprise Macau’s Legislative Assembly (AL) unanimously approved the new amendments to the AL election law yesterday. The amendments make several changes to election

65 rounds in: Is Macau’s long-running mask distribution program still necessary?

Macau's long-standing mask supply program, now in its 65th round, is being questioned by residents particularly about the continued allocation of public funds. While the program

Macau to hold national security education exhibition

The SAR and Liaison Office of the Central People’s Government in Macau will hold the 2024 National Security Education Exhibition for All from April 15 to May 15.

Approved mortgage loans plunge 40% in February

New residential mortgage loans (RMLs) approved by local banks fell by 42.5% month-on-month to MOP686.29 million in February, according to data from the Monetary Authority of Macao. Of

Macau to host series of sports events in 2025 National Games including volleyball

Macau is set to take on table tennis, women’s volleyball, three-on-three basketball, men’s under-18 basketball, and karate in the 2025 National Games. The announcement

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