EU Office head appointed to SARs says political development ‘not so common ground’ with China

Thomas Gnocchi, head of office, EU Office to Hong Kong and Macau, suggested there are political topics on which the EU and China did not

Adani Group to bid for duty-free shops at Macau int’l airport

Indian airport major Adani Group has set up a company in Macau with the intention to bid to operate duty free shops at the SAR’s international airport. As reported by

HK’s transport office announces extension of HZMB quota scheme

The Transport Department (TD) announced yesterday that the Guangdong, Hong Kong and Macau governments will extend the Hong Kong-Zhuhai-Macao Bridge (HZMB) Greater Bay Area (GBA) Quota Scheme (Trial

Retail revenues hit MOP20b in Q3

The value of retail sales surged by 80.1% year-on-year to MOP20.19 billion in the third quarter of 2023, according to data from the Statistics and Census Service (DSEC).

No compensation for 3 years without cash injection into Provident Fund

Lei reiterated that under law, the government can only utilize surplus funds to distribute MOP7,000 to each permanent resident, clarifying that this distribution is not a

Gov’t forecasts gaming revenue to reach MOP202b this year

The Secretary for Economy and Finance, Lei Wai Nong, said earlier at the Legislative Assembly (AL) that the local gaming industry is projected to conclude 2023 with

Gov’t rental expenditure decreases

Secretary for Economy and Finance, Lei Wai Nong confirmed at the AL that government has been reducing spending on renting private spaces and venues to host public

Gov’t argues it would be ‘risky’ for banking sector to subsidize housing mortgage interests

The government will not subsidize housing mortgage interest rates in Macau, which happens elsewhere in the world, because that would pose a risk to the banking sector

Police arrest two MPay fraud suspects

Police have arrested two men for abusing MPay accounts allegedly stolen by a criminal syndicate, the Judiciary Police (PJ) has disclosed. The two suspects,

250,000 gifts to attract foreign visitors

The government is proposing to entice more foreign visitors by offering a package of 250,000 gifts, including air tickets, hotel rooms and discounts for food

Guangdong issues three-year plan for digitalization

Guangdong authorities have published a three-year plan to digitalize the development of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). In a press conference in Guangdong, it

Daily tourist arrivals at 70% pre-pandemic levels

The Macao Government Tourism Office (MGTO) has stated Macau’s tourism economy is recovering well, with 22.69 million inbound tourists from January to October, an average of about 75,000

‘Above Zobeide’ to represent Macau in Venice Biennale

The exhibition proposal, “Above Zobeide,” submitted by local curator Chang Chan and artist Wong Weng Cheong, will represent Macau at the Biennale in Venice, Italy in April next

Insurance employees see 6% salary growth

There were 8,566 full-time employees in Financial Activities at the end of the third quarter of 2023, according to data from the Statistics and Census Service (DSEC). Among

Three job-matching sessions by month’s end

Three job-matching sessions will be organized on Nov 20. and Nov. 30, offering 308 vacancies. Organized by the Labour Affairs Bureau and the Macao Federation of Trade Unions,

CE announces appointments of economic committee members

Chief Executive Ho Iat Seng announced in yesterday’s Official Gazette the appointments of 19 members to the Economic Development Committee. The members include hotelier Wong Suk Yan, sports

Citi maintains MOP16b GGR forecast for November

Macau’s gross gaming revenue (GGR) for the first 19 days of November was MOP10 billion, a decrease of 11% compared to the previous week, according to a Citi

Gaming concessionaires salaries to rise up to 3%, Secretary says

The gaming concessionaires workers’ salaries should be raised next year by at least 2 or 3%, the Secretary for Economy and Finance, Lei Wai Nong, said yesterday at the

MP investigates phone scam suspect

Police have arrested a man suspected of an alleged phone swindle and investigations are underway, the Public Prosecutions Office (MP) announced yesterday. The suspect, a

Founder of Chinese streaming platform arrested for operating an illegal casino

Founder and president popular Chinese video game streaming platform Douyu, Chen Shaojie, was arrested last week for operating a casino, the latest in a series of detentions amid

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