Beijing removes economy chief Tai Kin Ip after resignation

China’s State Council has removed Secretary for Economy and Finance, Tai Kin Ip, following his resignation for personal reasons, according to an official announcement issued today.

Economy shows stable Q1 growth but weak domestic demand persists

Macau's economy recorded “continued strengthening of macroeconomic vitality” in the first quarter of 2026, driven by strong performance in tourism, gaming, banking, and financial services,

New building to feature two permanent exhibitions on 450 years of Macau’s Diocese

The new building of the Catholic Center of Macao, soon to be inaugurated, will feature two permanent exhibitions focused on the 450 years since the establishment of the

Sam Hou Fai stresses national security as ‘ongoing mission with no end point’

Chief Executive Sam Hou Fai said safeguarding national sovereignty, security and development interests remains the “highest tenet of the ‘One country, two systems’” and the foundation

Macau to set up task force for Hengqin pre-clearance air cargo hub

Chief Executive Sam Hou Fai chaired the fourth meeting of the leading group for the Development of the Guangdong-Macau Intensive Cooperation Zone in Hengqin, where officials agreed to

AI skills gap and leadership challenges in focus at talent development summit

Wei Wang The widening gap between artificial intelligence (AI) adoption and workforce readiness took center stage at a regional leadership summit in Macau yesterday, as industry experts

Analysts trim gaming forecast as weekly revenue softens on low win rates

The gaming sector saw a slight week-on-week slowdown in daily gross gaming revenue (GGR) in early April, with analysts attributing the softness mainly to unusually low win

Famed urologist Vitalino de Carvalho dies at 82

Former urologist and head of the Urology Department at the Conde de São Januário Hospital Center (CHCSJ), Dr. Vitalino Rosado de Carvalho, passed away in

Mok Sou Tou appointed as DSAT deputy director

The Office of the Secretary for Transport and Public Works has appointed Mok Sou Tou as deputy director of the Transport Bureau (DSAT) on a one-year fixed-term basis,

Foreign reserves edge down in March

The Monetary Authority of Macao (AMCM) said the SAR’s foreign exchange reserves stood at MOP242.2 billion at end-March 2026, based on preliminary estimates. This represents a 0.5% decrease

Bank mortgage lending falls in February

New approvals of residential mortgage loans (RMLs) and commercial real estate loans (CRELs) both declined month-on-month in February, according to statistics released by the Monetary Authority of Macao.

UTM and Thai university sign MoU to boost academic cooperation

A delegation from Srinakharinwirot University in Thailand recently visited the Macao University of Tourism (UTM), where both institutions signed a Memorandum of Understanding (MoU) to enhance cooperation in

Luxury retailers eye 30–40% May Day Golden Week sales jump

A recent strengthening of the renminbi has revived mainland tourists’ appetite for luxury shopping in Macau, with high-end retailers expecting a strong boost in business during the upcoming May

Singapore’s Burnt Ends returns to MGM for three-day pop-up at Grill 58

MGM is continuing its “Gastronomic Journey with Star Chefs” series by welcoming back Chef Dave Pynt, chef-owner of Singapore’s acclaimed Burnt Ends, for a three-day pop-up at Grill

MUST GROW 2026 graduation exhibition opens

The “MUST GROW 2026 Graduation Exhibition”, organized by the Faculty of Humanities and Arts of the Macau University of Science and Technology (MUST), opened yesterday at the university’s

Xi calls China-Russia ties ‘precious’ in current international context

Russia’s Foreign Minister Sergey Lavrov (second left) and President Xi Jinping hold a talk at the Great Hall of the People in Beijing, yesterday Chinese

Vietnam’s new leader meets Xi on his first overseas trip

Vietnam’s President To Lam, center, arrives in Beijing on Tuesday Chinese President Xi Jinping on Wednesday called on Beijing and Hanoi to prioritize advancing infrastructure

Hockey coach admits using a false Covid-19 vaccine certificate to enter China for Olympics

Swiss ice hockey coach Patrick Fischer has admitted he used a certificate falsely claiming he’d been vaccinated against COVID-19 to get around China’s travel restrictions

Hopes rise for renewed talks as US military says Iran blockade is in force

Hopes rose for renewed talks between the United States and Iran yesterday, as the U.S. military said its blockade of Iranian ports was in full

1964 ‘Great Train Robbers’ get 300 years

Some of the longest sentences in British criminal history have been imposed on men involved in the so-called “Great Train Robbery”. Sentences totalling 307 years were

Why many people are turning to AI for health advice: poll

When Tiffany Davis has a question about a symptom from the weight-loss injections she’s taking, she doesn’t call her doctor. She pulls out her phone

Shot-stopping Safonov stands tall as PSG’s new No. 1 after Donnarumma’s departure

PSG’s goalkeeper Matvey Safonov and Marquinhos react after a save Liverpool 0, PSG 2 (0-4) Different goalkeeper, same result. When Paris Saint-Germain eliminated

Australia’s richest person must share part of her mining fortunes, court rules

Australia’s richest woman, Gina Rinehart, has been ordered by a court to share part of her vast mining wealth after a years-long legal battle over

A small but growing movement wants you to put down your phone

More than a dozen millennials gathered in a brownstone apartment in Brooklyn and placed their phones in a metal colander before two hours of reading, drawing and

Can we buy cultural cool?

Nadia Shaw Hong Kong’s “Super March” bundles Art Basel, Art Central, Art Hong Kong and West Kowloon District exhibitions into a high-octane art blitz. This year,

Thursday, April 16, 2026 – edition no. 4931

* Stable economy — Q1 growth remains supported by tourism, gaming and banking, but weak domestic demand and subdued asset markets continue to drag confidence * Religion |

MACAU DAILY TIMES