Interest rates rise in Q1

According to statistics released by the Monetary Authority of Macao (AMCM), funding costs of the banking sector in Macau generally increased in the first quarter (Q1) of 2023.In

Macao week in Qingdao from Jun.8

The Macao Government Tourism Office (MGTO) is continuing its tours through several mainland cities to promote Macau as a travel destination. From June 8 to 12, the caravan

Morgan Stanley: Gaming revenues to surge 125% of pre-Covid levels

The city’s mass market revenue is forecasted to surge to 125% of 2019 levels amid China’s GDP growth and the recovery rate in Las Vegas. In a note,

Sales transactions total MOP24b in Q1

The value of retail sales increased 29.3% year-on-year to MOP24 billion in the first quarter, driven by the relaxation of border control measures. Excluding the effect of price

PJ warns public on SMSs from scammers

Increased reports about fake text messages from scammers disguised as courier service providers have prompted the PJ to advise the public to avoid clicking unfamiliar links and to

Portofino to be replaced by retail area with an Italian restaurant

On Friday May 12, “We bid farewell to Portofino because it’s closing down,” Wilfred Wong told the Times, explaining a group of old timers among the company’s

IC calls for musician competition contestants

Organized by the Cultural Affairs Bureau (IC), the 41st edition of the Macau Young Musicians Competition will take place from late July to mid-August and will be dedicated

Gov’t relaunches subsidy for old vehicles

The government is launching a new subsidy plan for disposing of old diesel vehicles following the first scheme that ended mid-March this year. The

CE hopes Lusophone Commonwealth promotes Macau

During his meeting with businesses from the Lusophone Commonwealth, Chief Executive Ho Iat Seng expressed his hopes that Macau would be promoted. Officially known

Hengqin’s new development model to create a ‘Zero Carbon Demonstration Island’

We can build houses like cars and change our production methods through intelligent technology to reduce construction waste and achieve pollution and carbon reduction.” A new

Macau to experience effects of Typhoon Mawar over the weekend

Super Typhoon Mawar, which is in the western Pacific near the island of Guam, will potentially affect local weather conditions. According to forecasts, the typhoon

Travel Expo to roll out cloud invitations

Slated to run from June 30 to July 2, the 11th Macao International Travel (Industry) Expo (MITE) will roll out an array of Cloud Invitation and Briefing Sessions from

DSAL to hold job-matching sessions for 140 vacancies

Three industry-specific matching sessions will be held by the Labour Affairs Bureau (DSAL) on May 30 and June 1, providing 141 job vacancies in sectors such as hotels

Registration of summer activities open

The government’s activities for the upcoming summer will include 509 projects and 1,976 classes, including 400 projects and 1,200 classes on culture and entertainment. 109 other projects and

Bank of China issues RMB2b-Yulan Bonds

Yesterday, the local branch of Bank of China issued the world’s first ‘Yulan Bonds,’ as part of its latest move to push for the internationalization of the RMB,

Application for internship program for Palace Museum opens

Applications for the Guangdong-Hong Kong-Macao Youth Internship Programme at Palace Museum 2023 – Macao Internship Recruitment will be open until May 31, providing 48 different vacancies in 14

IAM familiarizes public with veterinary law through briefings

The Municipal Affairs Bureau (IAM) has begun efforts to familiarize the public with the new veterinary law that will be enacted April 1, 2024. It

Drunken Dragon Dance returns Friday

Celebratory events for Buddha’s Birthday, such as drunken dragon and lion dances, will return in physical form May 26. In the past three years of

Man arrested for allegedly beating and robbing ‘co-worker’

A man has been apprehended on allegations of robbery and physical assault against a person he allegedly hired to conduct illegal currency exchange, according to the Judiciary

Civil servant suspected of suicide

A 35-year-old man, working as a civil servant is suspected to have died by suicide Monday evening, the Judiciary Police (PJ) informed in a note to the press.

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