Monthly Archives: October 2024
-
Changing luxury markets: How Gen Z is redefining affluence
As the luxury market evolves, a new generation of consumers is reshaping its landscape. Generation Z (Gen Z), those born between 1997 and 2012, is emerging ... -
UNESCO approves new project for Calçada do Gaio building
The president of the Cultural Affairs Bureau, Deland Leong, has said the addition of a rooftop access structure on the high-rise project at Calçada do Gaio ... -
Bears slips in first home match
The Macau Black Bears lost by just 3 points (93-96) in their second East Asia Super League game against the Ryukyu Golden Kings. Playing for the ... -
Gov’t mulls stiffer fines for unlicensed tour guides
The Legislative Assembly (AL) is reviewing the city’s tour guide regulations proposing to significantly increase penalties for unlicensed tour guides. The proposed changes aim to strengthen ... -
Tourism drives water consumption up 8% in October
Water consumption surged in October, rising 8% compared to the same period last year, according to Nacky Kuan, executive director of Macao Water. Speaking to Radio ... -
Fitch forecasts economic resurgence until 2025
Macau is experiencing a notable economic resurgence, bolstered by its robust public and external finances. Fitch Ratings Inc. has projected solid economic expansion in 2024 and ... -
The ancient Irish get far too much credit for Halloween
This time of year, I often run across articles proclaiming Halloweena modern form of the pagan Irish holiday of Samhain – pronounced SAW-en. But as a ... -
Kai Fong meets PSP to address jaywalking ‘blackspots’
The Public Security Police Force (PSP) and the Macau General Union of Neighborhood Associations (Kai Fong) met yesterday to analyze several jaywalking “blackspots.” The meeting comes ... -
Sam Hou Fai to accept CE appointment in Beijing
The Chief Executive-elect, Sam Hou Fai, will visit Beijing from today until Nov. 2 to receive the Order of the State Council confirming his official appointment ... -
7,200 public housing units under construction in Q3
During the third quarter (Q3), six private residential projects received occupation permits, adding a total of 266 units to the market, according to data from the ... -
Transport, storage sector grows significantly in 2023
A total of 3,073 establishments were in the Transport, Storage & Communications Sector, down 220 from the previous year. However, employment rose 2,100 to 21,079, the ... -
Forum on sustainable finance and ESG promotes global cooperation
The Macau Institute for Corporate Social Responsibility in Greater China (MICSRGC), together with the Macao University of Tourism have co-organized a forum on sustainable finance and ... -
IAS rules out establishing a canteen for seniors
The Social Welfare Bureau (IAS) has ruled out establishing a dedicated canteen for the elderly, citing the existing network of support services. In a reply to ... -
The EU is imposing duties on electric vehicles from China after talks fail
The European Union is imposing duties on imports of electric vehicles from China starting yesterday after talks between Brussels and Beijing failed to find an amicable ... -
New crew has arrived at space station in sign of growing influence in space field
A Chinese space ship carrying a three-person crew docked with its orbiting space station Tuesday as the country seeks to expand its exploration of outer space ... -
Troops sent to Russia may be pleased to be there, even as they face ferocious fighting
The thousands of young soldiers North Korea has sent to Russia, reportedly to help fight against Ukraine, are mostly elite special forces, but that hasn’t stopped ... -
A second high court rules that the ban on same-sex marriage is unconstitutional
A second Japanese high court ruled yesterday that the government’s policy against same-sex marriage is unconstitutional, the latest in a series of decisions upholding plaintiffs’ demands ... -
Court orders Najib to enter defense in his second graft trial linked to 1MDB scandal
Malaysia’s High Court yesterday ordered imprisoned former Prime Minister Najib Razak to enter a defense in his second corruption trial over the multibillion-dollar looting of the ... -
Jobs report on eve of election will be among the most distorted in years
Five days before Election Day, the government will issue its final snapshot of hiring and unemployment in the United States after a presidential race in which ... -
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 ... -
FIFA announces first Club World Cup sponsor with Chinese electronics firm branding VAR checks
FIFA finally announced a first sponsor for its revamped Club World Cup yesterday in a deal that will brand video review checks at the tournament in ... -
A man is arrested on suspicion of killing a woman in a park
A foreign man living in Hong Kong has been arrested on suspicion of killing a Southeast Asian woman at a waterfall inside a park in the ... -
Afghan women cannot pray loudly or recite in front of other women
Afghan women are forbidden from praying loudly or reciting the Quran in front of other women, according to a Taliban government minister. It’s the latest restriction ... -
Trump muddies an already-chaotic debate in China
They might have to meet again. As President Xi Jinping decides on the size of China’s stimulus package, he has to consider the possibility that Donald ... -
Thursday, October 31, 2024 – edition no. 4597
*Gen Z redefines affluence — Generation Z, those born between 1997 and 2012, is emerging as a significant force in high-net-worth consumption, according to expert * ... -
Network grows with opening of Seac Pai Van Line on Nov. 1
Macau’s Light Rapid Transit (LRT) system is set to expand its reach, with the official opening of the Seac Pai Van Line on Nov. 1. This ... -
Inbound package tour visitors up 101.2%, outbound travel by residents climbs
Macau’s tourism sector has shown strong signs of recovery in the first three quarters of 2024, with a significant surge in inbound package tour visitors, particularly ... -
DSAT claims new taxis are on the way
In response to several media reports highlighting the slow rollout of the 500 new taxis from the recent licensing tender held in mid-May, the Transport Bureau ... -
Unemployment remains stable; concerns remain for fresh graduates
Macau’s unemployment rate has remained stable in the third quarter of this year, according to data from the Statistics and Census Service. However, some scholars are ... -
Lei Chan U wants further review of the Labor Law
Lawmaker Lei Chan U has called on the Chief Executive-elect Sam Hou Fai to prioritize the fulfilment of his political agenda, which includes measures to increase ... -
ByteDance founder Zhang Yiming tops China’s rich list
ByteDance founder Zhang Yiming tops the list of China’s richest people, according to the Hurun Research Institute, although many of them have seen their net worth ... -
‘Aoqin’ travel incentive program accepting applications until March 2025
The ‘Aoqin’ Travel Incentive Program is now open for applications, with a deadline set for March 31, 2025. This initiative aims to boost tourism and cross-border ... -
Conclusion of MICAF Fun Day – Arts Carnival
Macau’s first International Children’s Arts Festival concluded with the MICAF Fun Day – Arts Carnival, attracting 63,000 attendees over two weekends from Aug. 23 to Sept. ... -
UC and UM to Launch Joint PhD Program in Health
The University of Coimbra (UC) and the University of Macau (UM) plan to launch a jointly supervised PhD program in health by 2025 or 2026, according ... -
Franchise industry seeks enhanced regulation
The local franchise sector is advocating for improved regulations to streamline operations and foster growth in the Macau market. The Macau Chain Stores and Franchise Association ...
