Daily Archives: Tuesday, October 31, 2023
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IMF: Macau has highest GDP growth rate until 2024
Macau has the highest growth rate projection for 2023 and 2024 among advanced economies listed by the IMF World Economic Outlook (WEO). The International Monetary Fund ... -
Junkets tax plunges 92% to MOP3.5 million
Revenues from junkets’ tax paid to the government has plunged 92.5% to MOP3.5 million amid the junket crackdown and low gross gaming revenue (GGR) figures in ... -
Youth unhappy with gov’t talent cultivation
A survey has shown local young people are dissatisfied with the outcome of government talent cultivation measures and the resources invested into them. The Macao New ... -
Social Affairs Secretary pledges improvements after infant dies
After a baby’s death while napping at a daytime nursery, the Secretary for Social Affairs and Culture, Elsie Ao Ieong, yesterday pledged better training will be ... -
Average Guangdong salary reaches RMB9,100
A survey has revealed Guangdong Province’s average monthly salary in 2023 is RMB9,100, a 5.8% growth year-over-year. Several private entities under the Guangzhou Talent Group conducted ... -
China holds conference as leaders maneuver to get slowing economy back on track
China’s leaders are expected to search for ways to mend the country’s fractured property market, create jobs for millions of unemployed youths and spur faster growth ... -
Transport head suggests lawmaker promote gov’t concept of parking
The Transport Bureau (DSAT) has called for associations to better help the government promote and implement land transport policies. Director of Transport Kelvin Lam made the ... -
Exports drop MOP9.5 billion
From January to September, the total value of merchandise exports dropped 6.1% year-on-year to MOP9.51 billion, with re-exports (MOP8.35 billion) and domestic exports (MOP1.17 billion) falling ... -
Lei Wai Nong visits pharmaceutical firm to create partnerships
The Secretary for Economy and Finance, Lei Wai Nong, went to Zhangzhou City and visited a renowned local brand – Zhangzhou Pien Tze Huang Pharmaceutical Co., ... -
Macau sends 234 athletes to National Youth Games
Macau has sent a 234-member sports delegation to participate in the first National Youth Games (NYG) to be held in Guangxi from Nov. 5 to Nov. 15. ... -
Customs unveils smuggling cases including dozens of Moutai
Macau Customs last week unveiled three smuggling cases using cross-border vehicles including a vehicle transporting 34 bottles of Moutai liquor to Macau from Zhuhai, via the ... -
Tourism board promotes Macau GP on Cathay Pacific flights
Campaigns are being conducted with airline companies to promote the Macau Grand Prix (GP), such as screening marketing videos on Cathay Pacific flights, the local tourism ... -
In Myanmar, a Facebook post deemed inflammatory led to an ex-minister’s arrest
A former high-profile Myanmar army officer who had served as information minister and presidential spokesperson in a previous military-backed government has been arrested and charged with ... -
Russia’s envoy uses the stage to accuse the US of fueling tensions
Russia’s defense minister accused the United States yesterday of fueling geopolitical tensions to uphold its “global dominance by any means” and warned of the risk of ... -
Beijing believes the path to a Xi-Biden meeting in San Francisco won’t be ‘smooth sailing’
China’s foreign minister believes the road to an expected meeting between President Xi Jinping and U.S. President Joe Biden will not be “smooth sailing” and both ... -
Firearms charge against Washington state senator dismissed in court
A Hong Kong court dismissed a gun charge yesterday against a Washington state senator who had been arrested after he carried a gun into the Chinese ... -
Four former student leaders jailed over their praise of knife attack on police officer
Four former student leaders from the University of Hong Kong were sentenced to two years in prison yesterday for inciting people to wound others through their ... -
Biden wants to move fast on AI safeguards
President Joe Biden on Monday will sign a sweeping executive order to guide the development of artificial intelligence — requiring industry to develop safety and security ... -
1984 Indian prime minister shot dead
Indira Gandhi, the Prime Minister of India, has been killed by assassins in New Delhi. Mrs Gandhi was thought to have been walking through her gardens ... -
In Benin, Voodoo’s birthplace, believers bemoan steady shrinkage of forests they revere as sacred
For many people in Benin, the forests empowered them before they were born, or in the first months of their lives. Barren women performed Voodoo rituals ... -
South Africa stands alone at cup summit as new eras beckon everywhere
Give the Springboks a few days to revel in their record-breaking Rugby World Cup success. Give losing finalist New Zealand a little time to grieve. But ... -
‘Friends’ creators, actors, family mourn Matthew Perry
Matthew Perry was widely mourned this weekend by friends, co-stars and some very famous fans, including his childhood classmate, Canadian Prime Minister Justin Trudeau; his “Friends” ... -
Portuguese police apologize to Madeleine McCann’s parents: BBC
Portuguese police have apologized to the parents of Madeleine McCann for the way they handled the three-year-old’s disappearance, according to a BBC documentary. Madeleine went missing ... -
US consumers keep spending despite high prices: Can it last?
A flow of recent data from the U.S. government has made one thing strikingly clear: A surge in consumer spending is fueling strong growth, demonstrating a ... -
Tuesday, October 31, 2023 – edition no. 4358
* Growing fastest — IMF forecasts in a report Macau has world’s highest GDP growth rate until 2024 * Gaming | Junkets tax plunges 92% to ...
