Daily Archives: Friday, January 16, 2026
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Residents’ wages disconnected from cost of living, making it hard to make ends meet
The local economy continues to undergo fluctuating changes, creating struggles for young residents to find jobs with sufficient pay to cover the cost of living, despite ... -
Banks post 43% profit surge in first 11 months of 2025
Local banks reported strong profits in the first 11 months of 2025, reaching MOP7.958 billion, up nearly 43% from MOP5.573 billion over the same period in ... -
The Macallan Harmony Gastronomic Journey
This week, the Macallan has launched the latest Harmony Collection at Botanica, Capella at Galaxy Macau, with a food pairing menu. It is the fifth edition with a unique collaboration with JING, curators of the some of ... -
Housing estates, companies to face challenges from amendment to travel agencies law
Housing estates that provide transportation to their residents, as well as some schools, are likely to face new challenges arising from amendments to the law governing ... -
Victims of misleading or defamatory content can seek legal remedies under new bill
The Advertising Law bill under review in the Legislative Assembly (AL) allows victims of misleading or defamatory content to seek legal remedies, though sharing personal experiences ... -
Iberian country set for rare presidential runoff as populist leads polls
Portugal is heading toward its first presidential runoff in four decades, according to the latest polling, in a contest that pits an anti-establishment populist against more ... -
Commissioner Liu Xianfa concludes five-year tenure in Macau
Macau bid farewell to Commissioner Liu Xianfa of the Ministry of Foreign Affairs’ Office in the SAR on Jan. 15, as he concluded his five-year tenure ... -
FSS investment fund earned 3.27% in 2025
The Social Security Fund (FSS) has announced that interest income for the 2025 fiscal year for the government-managed sub-account of the non-mandatory central provident fund system ... -
Domestic helper charged in taxi wallet theft case
A female domestic helper has been charged with failing to report a lost wallet containing MOP14,500, left in a taxi on Nov. 22, 2025, the Public ... -
Hong Kong duo detained in casino VIP room scam
The Judiciary Police (PJ) apprehended a Hong Kong couple earlier this week on suspicion of orchestrating an “extremely large-scale fraud” involving forged documents, defrauding a non-resident ... -
Man loses RMB1m on WhatsApp as hacker poses as friend
A man from mainland China had his WhatsApp hacked and fell victim to a phishing scam through the app, losing RMB1 million. The scammer hacked into ... -
Man arrested for cross-border loan advertisement scheme
The Judiciary Police (PJ) have detained a 65-year-old Hong Kong man identified as Wong, suspecting him of a large-scale fraud and money-laundering scheme involving fake online ... -
Macao Arts Festival opens call for local productions
The Cultural Affairs Bureau has opened a public call for locally produced programmes for the 36th Macao Arts Festival, to be held in May and June. ... -
Metal frame falls off truck, damaging road
A large metal frame being transported on a truck fell off while driving on Rua dos Cavaleiros in Taipa on Jan. 14 shortly after 1 p.m. ... -
Residential mortgage approvals rise as commercial loans fall
New approvals of residential mortgage loans (RMLs) rose 6.3% month-on-month to MOP1.25 billion in November 2025, while approvals of commercial real estate loans (CRELs) fell 52.0% ... -
Foreign exchange reserves rise 2% in December
The SAR’s foreign exchange reserves rose 2.0% month-on-month to MOP245.6 billion at the end of December 2025, according to the Monetary Authority of Macao. The reserves ... -
Macau passport falls to 32nd
Macau’s passport has fallen one spot to 32nd in the Henley Passport Index’s (HPI) 2026 global ranking, granting visa-free access to 141 countries and territories. The ... -
Association expects economic sentiment to remain stable in Q1
The Macau Economic Association has released its latest report on Macau’s Economic Sentiment covering the last quarter of 2025 and the first quarter of 2026. According ... -
MGM to increase salaries for 99% of team members in March
MGM announced that it will implement a salary increment for all eligible team members, effective March 23, in recognition of their contributions. Under the adjustment, 99% ... -
79% of transactions made via NFC as Visa enables Apple Pay overseas
[Visa announced that cardholders using Visa cards issued in China can now add their cards to Apple Pay for payments at overseas merchants, in-store, in-app, and ... -
Macau’s new role in the GBA – to create a financial platform for investments in Lusophone countries
Analysis Whether in trade, investment or tourism, China remains one of the world’s largest markets and, arguably, the one with the greatest growth potential. Even accounting ... -
Living, working across Macau-Hengqin border
Feature On a typical weekday, Lei Zhen moves easily between Macau and Hengqin. Based in the special administrative region and working in Hengqin, the founder of ... -
Notes on academic studies
Cross-Border Labour Mobility and Institutional Barriers in the Guangdong–Hong Kong–Macao Greater Bay Area This paper provides one of the most detailed empirical examinations of labour mobility ... -
Aimed at the growing number of young Chinese who live alone, a new app asks: ‘Are you dead?’
In China, the names of things are often either ornately poetic or jarringly direct. A new, wildly popular app among young Chinese people is definitively the ... -
A new era for Canada-China relations? Carney signals change in Beijing
On the first trip by a Canadian leader to China in eight years, Prime Minister Mark Carney said yesterday that the two countries are entering a ... -
Manila and Tokyo sign a new defense pact as they face growing China influence
Japan and the Philippines signed a defense pact yesterday that would allow the tax-free provision of ammunition, fuel, food and other necessities when their forces stage ... -
Another construction crane collapse kills 2 people a day after deadly train derailment
A construction crane collapsed onto an elevated road near Bangkok, killing two people yesterday, a day after another crane fell onto a moving passenger train in ... -
1979 Shah of Iran flees into exile
The Shah of Iran has fled the country following months of increasingly violent protests against his regime. Shah Mohammed Reza Pahlevi and his wife, Empress Farah, ... -
Min Jin Lee’s ‘Pachinko’ follow-up, ‘American Hagwon,’ will explore Korean education obsession
Min Jin Lee’s first novel since her million-selling “Pachinko” is a long book that grew out of a basic question: What do Koreans care most about? ... -
Aromatherapy at W
W Macau’s AWAY Spa launched its “W Passion”Workshop, an aroma stone-making immersive experience designed to inspire relaxation, creativity and renewal. Inspired by the philosophy of “Detox. Reset. Refresh.”, the workshop embodies the spirit ... -
Tiger Woods celebrates 30th year of foundation and gets $20M grant from Arthur Blank
Tiger Woods celebrated the 30th year of his TGR Foundation by saying it raised $50 million last year toward its education initiatives. The party ended with ... -
FIFA says it has received more than 500 million ticket requests for 2026 World Cup
FIFA said yesterday [Macau time] it has received more than 500 million ticket requests for this year’s World Cup. Soccer’s organizing body said outside the host ... -
Most Venezuelans in the US arrived within the past decade
In 2024, the most recent year for which data is available, an estimated 1 million immigrants from Venezuela lived in the United States. According to the ... -
Friday, January 16, 2026 – edition no. 4875
* Salary gap — Wages fall behind cost of living, making it harder for residents to make ends meet * Finance | Banks post 43% profit ...
