Dragon Boat Races might be locals-only this year

Once an international-level event, this year’s Dragon Boat Races might be exclusively a local event, without even the participation of mainland teams, the Sports Bureau (ID)

Lawyer says Macau laws already sufficient for bond transactions

Despite the relevant laws not being reviewed since 1993, they are sufficient to allow or facilitate transactions of bonds in Macau, lawyer Calvin Tinlop Chui said yesterday. Chui

Russia sees ‘business-like spirit’ in Ukraine talks

As Russia’s offensive pressed closer to Ukraine’s seat of government, missiles and artillery slammed into high-rise apartment towers in Kyiv yesterday, setting buildings ablaze and leaving

China tries to calm markets by pledging support for economy

China's government tried yesterday to reassure jittery investors by promising support for its struggling real estate industry, internet companies and entrepreneurs who want to raise money

Bernstein: Thailand potentially LVS’s next investment

  Brokerage firm Bernstein has suggested that Thailand might be the “major country” Las Vegas Sands (LVS) executives were referring to when discussing the prospect of investing

Secretary Rosário expects LRT cable replacement works to finish ‘on time’

The LRT is currently suspended for six months to facilitate the replacement of its 124km network of high-voltage cables. The suspension period is set to end this month.

Gov’t refuses to link gaming taxes to social welfare

The local government has refused to specify in the new gaming law how much tax revenue from the gaming industry will be used for social welfare,

Major investments from concessionaires will require CE approval

Under the new gaming law, future gaming concessionaires must notify the Chief Executive (CE), Ho Iat Seng, of any major investments and seek the CE’s

Prosperity Indices expected to rise from February to May

The Macau Economic Association (MEA) has estimated that the Prosperity Indices will see rise in the period from February to May, according to a statement released

Japan-US marine combat drills held amid China, Russia worry

Japanese and U.S. Marines had their first airborne landing and combat training together yesterday near Mt. Fuji as the two allies strengthen military cooperation amid growing

Chinese virus cases climb, raise threat of trade disruption

Chinese authorities yesterday tightened anti-virus controls at ports, raising the risk of trade disruptions after some auto and electronics factories shut down as the government

MGTO committed to developing electronic platforms to promote the industry

The Macao Government Tourism Office is committed to developing various electronic platforms to promote the city and its tourism industry, which is why the office organized

Philippines reinstates visa-free travel from Hong Kong, Macau

The Philippine government has waived visas for travelers from Hong Kong and Macau who enter the country as temporary visitors for up to14 days.

CE says economy still ‘unsettled’

Although Macau’s economy is seeing a trend toward gradual recovery, uncertainty still exists in the outlook, Chief Executive Ho Iat Seng said at the Economic Development Committee

Police finally catch man trapping wild birds

A 63-year-old local man, working as a taxi driver, has at last been detained by the Public Security Police Force after several reports from citizens finding

Casino shares tumble amid tightened restrictions for Guangdong arrivals

Gaming operators in the city saw their shares plunge up to 13% yesterday following the tightened quarantine requirements for some travelers from the mainland, amid

China battles multiple outbreaks, driven by stealth omicron

Chinese authorities reported 1,337 locally transmitted cases of COVID-19 across dozens of mainland cities yesterday as the fast-spreading variant commonly known as “stealth omicron” fuels China’s

Wealth Partaking Scheme kicks off next month

The annual Wealth Partaking Scheme will commence next month, with each permanent resident and non-permanent resident set to receive MOP10,000 and MOP6,000, respectively. This

Four more confirmed imported asymptomatic Covid-19 cases

Four Macau residents from Singapore, Myanmar, USA and Australia have been classified as imported cases of asymptomatic infection and one Macau resident from Dubai has been classified

Economy Gov’t promises 13 million jobs to reverse slump

China's government hopes to generate as many as 13 million new jobs this year to help reverse a painful economic slump but faces “many difficulties and challenges,”

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MACAU DAILY TIMES