The Macau government says that it has a plan for a future development project to be based on the site of the controversial Pearl Horizon land plot. Following a meeting between Chief Executive Chui Sai On and a group of Pearl Horison homebuyers, public broadcaster TDM cited the CE as saying there is a plan to “make good use of the site.” Nevertheless, Macau’s top official was careful not to disclose any details, saying he will wait for the decision of the Court of Final Appeal. The government recovered the land plot in 2015 after the developer, Polytec Asset Holdings, saw its concession expire ahead of the project’s completion. Thousands of pre-sale buyers were left without the homes they had purchased and took to the courts seeking compensation. Polytec is confident that it will receive a favorable outcome in the courts and that the construction of the project will be restarted.
Unemployment holds stable in Q1
The general unemployment rate for the first quarter of this year held stable at 1.9 percent, according to the latest data from the Statistics and Census Service, while the unemployment rate of local residents edged up 0.1 percentage points to 2.6 percent compared with the previous quarter. Total employment increased by 4,600 quarter-to-quarter, of which number the number of employed residents went up by 3,700. Median monthly employment earnings in the first quarter increased by MOP500 to MOP16,000. Median earnings of employed residents grew by MOP1,000 quarter-to-quarter to MOP20,000.
Shuttle bus service launched for HUSH concert
Three-day beach concert “HUSH!! Full Music” is currently being staged at Hac Sa Beach, inviting an array of music bands from Macau and across Asia to deliver a marathon of musical performances. Having kicked off yesterday, the festival’s final day is tomorrow. In addition to an array of musical performances, organizers are also holding activities such as a silent disco, “Kill the Silence” experimental music festival, as well as several music workshops. A statement from festival organizer, the Cultural Affairs Bureau, says that residents are welcome to participate. In order to facilitate the public traveling to and from Hac Sa Beach, the Cultural Affairs Bureau is providing a shuttle service each day from 12 p.m. until 11 p.m. from both Taipa Central Park and Alameda da Harmonia at Seac Pai Van housing complex. Although the Grand Coloane Resort offers free parking, due to a high influx of people into the area, the public is advised to use public transportation.
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