Monetary indicators show mixed trends in May

Macau’s broad money supply (M2) grew 1.4% in May, even as currency in circulation and demand deposits declined, according to the latest statistics from the Monetary Authority of

Gov’t recover parcel of land in Zone B

Yesterday, the SAR government initiated a collaborative clearance effort involving various departments to reclaim a parcel of state-owned land, spanning approximately 27,000 square meters in Zone B, that

Vacant land poses growing dengue fever, flooding risks

As Macau grapples with heavy rainfall and high humidity this summer, idle plots lacking proper management are raising concerns. These vacant, unmanaged plots

AMCM issues warning over fake social media bank loan ads

The Monetary Authority of Macau (AMCM) has issued a warning to the public regarding a series of fake, sponsored advertisements that appear to have been

China and the Philippines hold crucial talks to ease tensions after intense clash

China and the Philippines held a crucial meeting Tuesday to try to ease mounting tensions following their worst confrontation in the disputed South China Sea that sparked

Washington needs to take historical responsibility for war-torn Afghanistan

Washington can’t shake off its responsibility of amending the damage it had caused to Afghanistan, a call made by the Afghan public and the international community for the

Property market shows signs of recovery following removal of cooling measures

Macau’s property market experienced a significant rebound in the second quarter of 2024 after the lifting of purchase and sale restrictions, according to a recent report by

Victim assaulted by husband in brutal domestic violence episode

Police have arrested a man accused of brutally assaulting his wife in a disturbing case of domestic violence that occurred on the night of June 28.

Casino revenue faces headwinds from China’s crackdown on money exchangers

Macau's June gross gaming revenue (GGR) fell 12.4% sequentially, impacted by a crackdown on illegal money exchange networks and the ongoing Euro 2024 soccer tournament, according

Supervisor accused of awarding jobs in exchange for kickbacks

The Commission Against Corruption of Macau (CCAC) has alleged corruption at an unnamed integrated resort involving a supervisor responsible for personnel recruitment in the stewarding

Korean Air launches daily Seoul-Macau route

Korean Air has launched a new daily flight service between Seoul Incheon and Macau International Airport, becoming the sole full-service carrier connecting the two cities. The

Advertising revenue recovers to 80% of pre-pandemic levels

The current revenue of the local advertising industry is estimated to have recovered to about 80% of 2019 levels, said Eric Ho, chairman of the Association of Advertising

Woman abandons newborn baby at apartment door

A non-resident worker was arrested for allegedly abandoning her newborn baby girl at an apartment in Patane. The Judiciary Police said the baby was wrapped in a cloth

CPPCC members discuss the SARs’ roles in China’s development of open economy

The National Committee of the Chinese People’s Political Consultative Conference (CPPCC) held a virtual consultation session last week to discuss the roles of Hong Kong and Macau in

PJ warns of phishing SMS scams

The Judiciary Police (PJ) is again urging the public to be cautious of phishing SMS messages that purport to be from local telecommunications companies. The messages said that

Koi Kei bakery raises employee pay despite economic downturn

Local souvenir chain Koi Kei Bakery is increasing basic salaries for employees by MOP1,000 starting in July, according to an internal memo, as the retail sector faces challenges

FDC to spend MOP25 million on projects to celebrate ‘Double Anniversary’

The Cultural Development Fund (FDC) has announced it intends to spend some MOP25 million subsidizing projects that celebrate the 75th Anniversary of the Establishment of the

DSAT to evaluate taxi services

In a move to address the ongoing taxi shortage in Macau, the city’s Transport Bureau (DSAT) has announced plans to launch a comprehensive study this year,

Tap Seac tunnel to close overnight Thursday and Friday

The Tap Seac tunnel will close to traffic this Thursday (July 4) and Friday (July 5) between 2:30 a.m. and 6 a.m., the Transport Bureau

LRT passenger numbers continue to decline

The number of passengers transported by the Light Rapid Transit System (LRT) is continuing to decline, the company’s monthly statistical data release shows. According

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