Economy | Moody’s: Growth volatility of Macau among the highest

Moody’s Investors Service confirmed the Macau SAR’s local and foreign currency issuer rating at Aa3, and maintained a stable outlook. In a statement, the rating agency noted that despite the collapse

Budget | Further cuts to gov’t spending in 2022

The Chief Executive Ho Iat Seng has announced that the SAR government will continue to retrench public spending next year, given the uncertainty of the city’s economic situation. According to the

Briefs | Real estate transactions at MOP10.52b

  A total of 1,987 building units and parking spaces were bought and sold in the first quarter of 2021 according to Stamp Duty records, and the total value of the

Covid-19 | Gov’t encourages vaccination with PCR waiver

Following hints last week of a new policy for boosting the local Covid-19 immunization rate, Dr Leong Iek Hou of the Centre for Disease Control and Prevention announced yesterday that

Taiwan closes borders to foreigners and transit passengers

In an effort to better control the current wave of infections, Taiwan will close its borders to foreigners and transit passengers from tomorrow, its Central Epidemic Command Center (CECC) announced

Public centralized procurement database to combat corruption

In yesterday’s meeting at the Legislative Assembly (AL), several lawmakers urged the government to accelerate the planning of a centralized database — a platform offering public access to all details

Standing Committee labels Coutinho’s accusations ‘unfair, exaggerated’

Two members of the First Standing Committee of the Legislative Assembly responded to José Maria Pereira Coutinho’s denunciation at yesterday’s session, at which Coutinho accused the committee of dragging its

Tech-savvy SME a Stand-Out Sands Supplier

Last year, as Macao was making strides in getting the Covid-19 epidemic under control, Sands China made an effort to boost the local economy with the very successful Sands Shopping

MGM concludes dual-listing of USD750 million senior notes

MGM China Holdings Limited yesterday announced that its USD750 million 4.75% senior notes due 2027, issued on March 26, 2021 and listed on the Stock Exchange of Hong Kong Limited

China offers banks nearly USD16b to maintain liquidity

China’s central bank injected medium-term cash into the financial system, in an effort to keep borrowing costs stable as China’s economy continues its recovery from the virus pandemic. The People’s Bank

Full-blown boycott pushed for Beijing Olympics

Groups alleging human-rights abuses against minorities in China are calling for a full-blown boycott of the 2022 Winter Olympics in Beijing, a move likely to ratchet up pressure on the

This day in history | 1950 US and Europe agree Nato aims

Almost exactly a year after signing the North Atlantic Treaty, 12 nations have agreed a permanent organisation for the defence of the United States and Europe. The final meeting of the

Mideast | Calls mount for Gaza-Israel cease-fire, greater US efforts

U.N. Security Council diplomats and Muslim foreign ministers convened emergency weekend meetings to demand a stop to civilian bloodshed as Israeli warplanes carried out the deadliest single attacks in nearly

Retail | Hope for US boost pushes global luxury goods recovery: study

Luxury brands are already cashing in on promises of a 21st-century version of the “Roaring ‘20s” in the United States, where hefty stimulus packages and an advanced vaccine campaign are

Markets | Next Digital trading halted after Jimmy Lai’s assets frozen

The Hong Kong stock exchange halted trading of Next Digital shares yesterday at the media company’s request after authorities froze assets belonging to its founder Jimmy Lai, who has been

CTM launches eSIM service

CTM has made an official announcement launching the eSIM service in Macau, being the first telecom operator to launch such a service, with the objective of accelerating the development of

Sands Resorts participates in Macao Week in Jiangsu

Sands Resorts Macao has participated in the “Macao Week in Jiangsu” mega roadshow from May 14-17 at the Confucius Temple in Pedestrian Street, Nanjing. The exhibit introduced The Londoner Macao, an integrated resort

With Barcelona out of title race, Messi has future to decide

With Barcelona’s season effectively over, Lionel Messi now has a big decision to make. Should he finish out his career at the club that helped him become an all-time soccer great? Or

The Buzz | China urges US to play constructive role in Gaza diplomacy

China yesterday renewed calls for the U.S. to play a constructive role in ending the conflict in Gaza and stop blocking efforts at the United Nations to demand an end

Joy for UK pubs and hugs tempered by rise in virus variant

Pubs and restaurants across much of the U.K. opened for indoor service for the first time since early January yesterday, even as the prime minister urged people to be cautious

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