Firms to receive MOP20,000 subsidy for each local hire

The Executive Council recently finished discussing the draft of a new executive regulation allowing small and medium enterprises in Macau to receive MOP19,968 in subsidy for

Lawmaker calls for debt extension for closed SMEs

A lawmaker has called for an extension to loan repayment periods and decreases for each repayment installment for small and medium enterprises (SMEs) which have shutdown.

MICE organizers’ revenue up to MOP10m

Income of the MICE exhibition surged by 64.1% year-on-year to MOP10.19 million in the first quarter of this year. Of this, 86.5% were generated from rental

Gov’t: New Covid-19 test operator on the cards, hope for cheaper tests

A new SARS-CoV-2 nucleic acid test (NAT) operator may be approved to provide services next month, meaning cheaper tests may be possible, a senior official revealed over the

SJM to purchase Oceanus for nearly MOP2b in convertible bonds

SJM Resorts Ltd. has entered into an agreement to purchase the Oceanus building for MOP1.91 billion, which the gaming operator has deemed “imperative, as it

Gov’t to question Japan about Macau’s risk classification

Enquiries will be made to the Japanese Consulate on the country’s identifying Macau as riskier than Hong Kong, Secretary for Social Affairs and Culture Elsie Ao

Preparatory works underway for Education Fund

The Student Welfare Fund, Education Development Fund and Higher Education Fund will be merged into the Education Fund June 1. The Education and Youth Development Bureau is currently

Residents’ close family allowed to enter from Monday

Non-resident spouses and underage children of Macau residents will be able to enter the region from Monday (May 30), the Novel Coronavirus Response and Coordination

Domestic workers entry scheme extended to all nationalities

The pilot program for the entry of foreigners to perform domestic work will be extended to people from all nationalities starting from May 30. 

Gov’t organizes special flight for the return of students from Shanghai

A representative from the Education and Youth Development Bureau (DSEDJ), Chan Iok Wai, yesterday announced that on June 1 a special flight will be organized for

Daisy Ho confident about closing syndicated loans

Daisy Ho, chairperson of SJM Resorts, S.A. (SJM), yesterday expressed her confidence in seeking funds for the enterprise. Her comment was made on the sidelines

MP indicts Alvin Chau for heading criminal group

The Public Prosecutions Office (MP) has indicted junket mogul Alvin Chau for founding and directing a “secret association,” according to a report issued by the

22 suspects arrested over MOP1.1b laundering

Police authorities in Macau and Hong Kong have detained 22 people over suspected cross-border money laundering that involves MOP1.1 billion patacas. In a statement, the

Water Bureau: Converting local lagoons to reservoirs infeasible

In a recent reply to a lawmaker’s question, the government has confirmed that it has no plans to turn the city’s southern lagoons into reservoirs.

Hotel guests in April plunge 29.5% y-o-y

The number of guests at hotels in April slid by 46.9% year-on-year to 369,000; mainland guests (244,000) declined by 59.5% while local guests (95,000) surged by 55.8%.

Major layoffs allegedly happening at Million Dragon Hotel

A local hotel has reportedly started dismissing team members due to “unforeseeable business prospects,” local media reports. Letters signed by the Human Resources Department of a

Portugal’s government approves sale of Chelsea by citizen Abramovich

The Portuguese government has given its authorization for the sale of Chelsea by Roman Abramovich, who as a Portuguese passport holder needed its approval. The decision by

Bill proposes foreign vet licenses be certified locally

The Animal Clinical and Business Operations Law made its first appearance at the parliament’s plenary session yesterday. The first reading of the bill raised several

Lawmakers urge for tighter measures over non-local workforce imports

Several lawmakers are calling for clearer contract cessation of non-local workforce at the parliament’s plenary session yesterday. 26 lawmakers signed up to give pre-agenda speeches before

Scholars concern over UM’s ‘absorption into mainland’

Academics have expressed concerns that Macau’s public higher education institution conforms to the agenda to “accelerate Macau’s absorption into mainland China.” They are also apprehensive

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