World Views | The world’s biggest luxury group looks ready for a great year

Some good news for the luxury industry: There’s no sign of all that revenge spending running out of steam. Despite pandemic restrictions still gripping many parts of the world, LVMH Moet Hennessy

Friday, April 16, 2021 – edition no. 3754

— The National Security Education Exhibition rolled out at an ‘opportune time’ with Ho Iat Seng pledging to double down on strengthening national security, while Wong Sio Chak hints at

Civil servants to get nine compensated holidays in 2022

  The Chief Executive has finalized the official list of public holidays for 2022. Civil servants will be entitled to nine extra holidays to compensate for those coinciding with regular or

Education | MUST launches 7th annual communication week

The Macau University of Science and Technology (MUST) launched the 7th Macau International Communication Week yesterday, an annual event with academic sessions on communication studies. Themed “The deterritorialization of communication research:

Watchdog finds PSP officer misuses power, security breach

An investigation by the Commission Against Corruption (CCAC) has concluded that a police officer of the Public Security Police Force (PSP) previously stationed at the Outer Harbour Ferry Terminal had

Economic association raise business climate index for Q2

The Macau Economic Association has recently increased its estimate for the second quarter’s Business Climate Index to between 3.4 and 3.5, hinting at a further recovery in the second half

Registration for domestic travel packages commences today

The MOP120 million domestic travel scheme, “Stay, Dine and See Macao,” has put the show on the road today. Macau residents can sign up for discounted tour and accommodation packages

Digital consumption fund is redeemable for MGTO travel scheme

Both programs are part of the government’s third round of economic stimulus, and are aimed at creating job opportunities and encouraging locals to stimulate the local economy through spending. The domestic

Gov’t aims to increase border mobility

The Chief Executive (CE), Ho Iat Seng, has indicated the easing of border restrictions with neighboring regions as the only way to tackle the growing problems that are affecting local

Families can reunite outside Macau: CE

Urged to allow the entry of local residents’ foreign family members into Macau, Chief Executive (CE) Ho Iat Seng said that the people in Macau are free to leave and

No official data on layoffs: CE

The government does not have data on the number of residents that have been temporarily laid off or have had to take unpaid leave. The acknowledgment was made by the

Digital currency | Mainland may be able to monitor financial transfers in threat to casinos

Chief Executive Ho Iat Seng said that the government plans to amend laws to regulate the issue of a virtual legal tender, noting that it will work with China’s central

Gaming | Mass GGR is ‘comfortably recovering’ whilst VIP fared ‘bad’: JP Morgan

The mass-market demand has been on a path to steady recovery, with its gross gaming revenue (GGR) forecasts set to advance 25% quarter-to-quarter, reaching 48% of pre-Covid-19 levels in the

TPI drops 15% y-o-y

The Tourist Price Index (TPI) for the first quarter of 2021 fell by 15.16% year-on-year to 115.78, on account of lower hotel room rates, reduced prices of local food products

Gov’t tries to mend US ties by ramping up talks with firms

China is taking more direct steps to mend relations with U.S. investors, ramping up its communication with businesses in an environment of heightened economic tensions between the two nations. Officials from

Beijing says Biden-backed visit raises tensions over Taiwan

China criticized the U.S. for sending a group of former officials to Taiwan, saying the move will only add to mounting tensions. Two former deputy secretaries of state, Richard Armitage and

Kerry heads to China for climate talk between top two emitters

U.S. climate envoy John Kerry is heading to China for talks between the world’s two biggest carbon emitters ahead of President Joe Biden’s climate summit of world leaders. Kerry has began

China-drafted electoral reform bill introduced in Hong Kong

Hong Kong’s electoral reform bill was introduced in the city’s legislature yesterday, setting in motion changes that will give Beijing greater control over the process while reducing the number of

This day in history | 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 them flying from British bases

EU vaccine passports draw closer in boon for airlines, hotels

European Union governments reached a deal on technical standards for so-called vaccine passports, advancing the effort to boost travel to and within the bloc in time for the summer season. Envoys

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