Daily Archives: Thursday, April 9, 2020
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Moody’s forecasts 20% plunge in city’s GDP
American business and financial services company Moody’s Corporation is predicting the city’s gross domestic product (GDP) for this year will plummet 20%, contrary to the 3% ... -
Minimum wage bill to be in effect on November 1
The minimum wage policy for all job types in Macau will come into effect November 1 if the government’s plans proceed as expected. Yesterday, the ... -
MOP10b relief fund | Gov’t to launch financial support to SMEs, salary subsidies
The Macau SAR government has unveiled its plans on the use of the 10 billion pataca economic relief fund, which includes a second round of e-vouchers ... -
147 young entrepeneurs fail to pay back subsidies
A group of young entrepreneurs still owe the Macau SAR a total of over 30 million patacas due to their unsettled repayments of government subsidies, the ... -
Briefs | FC Law donates 5,000 masks to gov’t
Macau-based law firm FC Law – Lawyers and Notaries is donating 5,000 surgical masks to the government as part of its initiatives to assist the local ... -
Gov’t proposes three years jail for operators of fraudulent mobile base stations
The local government has proposed a maximum jail term of three years to punish those involved in fraudulent mobile base stations. Yesterday, the First Standing Committee ... -
Slight drop recorded in last quarter’s residential prices
The city’s residential prices have dropped slightly, 0.2% down compared to the last three-month period, the Statistics and Census Service announced yesterday. The data covers the ... -
Two local architecture projects receive international accolades
A Macau residential building and a public information counter won awards in the latest International Property Awards. Both projects are from local firm AETEC-Mo Architecture and ... -
Japan’s state of emergency is no lockdown. What’s in it?
Prime Minister Shinzo Abe has declared a state of emergency in Tokyo and six other hard-hit Japanese prefectures to fortify the fight against the coronavirus outbreak. ... -
World of troubles | Wuhan ends lockdown as health workers buckle under strain
After 76 days in lockdown, the Chinese city at the heart of the global pandemic reopened yesterday, and tens of thousands immediately hopped on trains and ... -
Philippines backs Vietnam after China sinks fishing boat
The Philippines yesterday expressed solidarity with Vietnam after Hanoi protested what it said was the ramming and sinking of a Vietnamese fishing boat by a Chinese ... -
This Day in History | 2003 Saddam statue topples with regime
There have been scenes of jubilation in Baghdad as US tanks rolled into the very heart of the Iraqi capital, confirming that the government of Saddam ... -
Passover in isolation dampens holiday mood in Israel
Each year, Patricia Sheetrit and her family gather with in-laws for the first night of Passover, bringing together some 20 people for the holiday’s main event, ... -
Coronavirus scams: guard against fraud cures and other cons
Con artists are finding lots of marks amid the COVID-19 pandemic. Watchdog groups and authorities report a surge of complaints about scams targeting people who fear ... -
Sands China co-organizes family activity
Sands China Ltd. and the Sheng Kung Hui Social Service Coordination Office have organised a parent-child colouring contest, aimed at enhancing parent-child interactions while schools are ... -
English soccer warned of $1B pandemic losses, clubs closing
English soccer faced warnings this week that losses caused by the coronavirus pandemic could exceed $1 billion and clubs could go out of business. The financial ... -
World briefs
JAPAN The Tokyo Olympic flame has been taken off public display in Japan. And it’s not clear when it will reappear again or where — or ... -
The Buzz | Lufthansa retires big jets, says rebound could take years
German airline group Lufthansa said it was permanently removing some of its large aircraft from service and reducing capacity for the long term, saying it will ... -
Europe struggles to agree on economic response to virus
European governments remained at loggerheads yesterday over measures to help the economy weather the coronavirus outbreak, breaking off a meeting of finance officials who clashed over ... -
Editorial | Small to micro support
Secretary Lei Wai Nong announced yesterday the details of the new Covid-19 relief fund which amounts to 13.6 billion patacas overall, on top of the previously ... -
Thursday, April 9, 2020 – edition no. 3511
* More vouchers for all — SMEs take little, migrants excluded in 13.6B relief fund * Masked crowds fill Wuhan’s streets, trains as lockdown ends ...
