Gov’t argues it would be ‘risky’ for banking sector to subsidize housing mortgage interests

The government will not subsidize housing mortgage interest rates in Macau, which happens elsewhere in the world, because that would pose a risk to the banking sector

Police arrest two MPay fraud suspects

Police have arrested two men for abusing MPay accounts allegedly stolen by a criminal syndicate, the Judiciary Police (PJ) has disclosed. The two suspects,

250,000 gifts to attract foreign visitors

The government is proposing to entice more foreign visitors by offering a package of 250,000 gifts, including air tickets, hotel rooms and discounts for food

Guangdong issues three-year plan for digitalization

Guangdong authorities have published a three-year plan to digitalize the development of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). In a press conference in Guangdong, it

Truce deal set to free hostages in swap, raising hopes of halting worst Mideast violence in decades

Israel and Hamas have reached an agreement for a four-day halt to the devastating war in Gaza, accompanied by the release of dozens of hostages held

Daily tourist arrivals at 70% pre-pandemic levels

The Macao Government Tourism Office (MGTO) has stated Macau’s tourism economy is recovering well, with 22.69 million inbound tourists from January to October, an average of about 75,000

‘Above Zobeide’ to represent Macau in Venice Biennale

The exhibition proposal, “Above Zobeide,” submitted by local curator Chang Chan and artist Wong Weng Cheong, will represent Macau at the Biennale in Venice, Italy in April next

Insurance employees see 6% salary growth

There were 8,566 full-time employees in Financial Activities at the end of the third quarter of 2023, according to data from the Statistics and Census Service (DSEC). Among

Three job-matching sessions by month’s end

Three job-matching sessions will be organized on Nov 20. and Nov. 30, offering 308 vacancies. Organized by the Labour Affairs Bureau and the Macao Federation of Trade Unions,

CE announces appointments of economic committee members

Chief Executive Ho Iat Seng announced in yesterday’s Official Gazette the appointments of 19 members to the Economic Development Committee. The members include hotelier Wong Suk Yan, sports

Citi maintains MOP16b GGR forecast for November

Macau’s gross gaming revenue (GGR) for the first 19 days of November was MOP10 billion, a decrease of 11% compared to the previous week, according to a Citi

Gaming concessionaires salaries to rise up to 3%, Secretary says

The gaming concessionaires workers’ salaries should be raised next year by at least 2 or 3%, the Secretary for Economy and Finance, Lei Wai Nong, said yesterday at the

MP investigates phone scam suspect

Police have arrested a man suspected of an alleged phone swindle and investigations are underway, the Public Prosecutions Office (MP) announced yesterday. The suspect, a

Founder of Chinese streaming platform arrested for operating an illegal casino

Founder and president popular Chinese video game streaming platform Douyu, Chen Shaojie, was arrested last week for operating a casino, the latest in a series of detentions amid

Sands China donates MOP300,000 to Caritas Macau

Sands China Ltd. recently donated MOP300,000 to Caritas Macau to support two of the NGO’s annual events: the 54th Charity Bazaar and the 2023 Charity Run. It is Sands China’s

Melco promotes Macau through ‘tourism + sports’

Melco has pledged to continue to proactively work with the SAR government to attract tourists from home and abroad by showcasing Macau’s unique charm through “tourism + sports,”

US and Philippines conduct joint air, sea patrols not far from Taiwan

The United States and the Philippines are conducting joint air and maritime patrols in the South China Sea, which come as the two countries step up

China’s financial opening up brings broad opportunities

We are firmly optimistic about China’s medium- and long-term development prospects and look forward to the broad opportunities brought about by China’s continuous opening up,” Standard Chartered’s

JFK assassination remembered 60 years later by surviving witnesses to history

Just minutes after President John F. Kennedy was fatally shot as his motorcade rolled through downtown Dallas, Associated Press reporter Peggy Simpson rushed to the scene and immediately

1963 Johnson takes over as US president

Fifty-five year old Lyndon Baines Johnson begins his new job today as US president. He was sworn in yesterday just two hours after an assassin shot

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