Fitch affirms Macau’s ‘AA’ rating, cites potential economic diversification

Rating agency Fitch Ratings has affirmed Macau’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘AA’ with a stable outlook, believing recent changes to China’s credit profile

Pereira Coutinho paints a dark picture of the local economy, calls for consumption cards

Lawmaker José Pereira Coutinho has painted a dark picture of the local economy, calling on the government to enforce new financial support measures such as the reissuing

Price for land rented from Zhuhai for LRT still ‘a mystery’

The Secretary for Administration and Justice, André Cheong has failed, yet again, to provide the rent figure that will be paid to the authorities of

Lam Lon Wai calls gov’t to strengthen prevention mechanisms to protect minors

Lawmaker Lam Lon Wai called on the government’s security and education departments to be actively engaged in crime prevention education for local minors.

Election law review finally approved and ready for next year’s election

Lawmakers who comprise Macau’s Legislative Assembly (AL) unanimously approved the new amendments to the AL election law yesterday. The amendments make several changes to election

65 rounds in: Is Macau’s long-running mask distribution program still necessary?

Macau's long-standing mask supply program, now in its 65th round, is being questioned by residents particularly about the continued allocation of public funds. While the program

Macau to hold national security education exhibition

The SAR and Liaison Office of the Central People’s Government in Macau will hold the 2024 National Security Education Exhibition for All from April 15 to May 15.

Approved mortgage loans plunge 40% in February

New residential mortgage loans (RMLs) approved by local banks fell by 42.5% month-on-month to MOP686.29 million in February, according to data from the Monetary Authority of Macao. Of

Macau to host series of sports events in 2025 National Games including volleyball

Macau is set to take on table tennis, women’s volleyball, three-on-three basketball, men’s under-18 basketball, and karate in the 2025 National Games. The announcement

Lawmakers submit proposal for road to be named after Zheng Guanying

Lawmakers Ma Chi Seng and Pang Chuan propose the establishment of “Zheng Guanying Road” near public cultural facilities in the Zone A, in bid to honor the

New housing projects to be completed in 2024, five developments suspended

Construction of housing projects applied for in 2019 will be completed this year and are expected to be move-in ready by early to mid-2025, according

MPU joins Guangdong-HK-Macau creative arts alliance

The Macao Polytechnic University (MPU), along with universities in the Greater Bay Area jointly signed the “Agreement on the Formation of Guangdong-Hong Kong-Macao University Creative Arts Alliance” under the

Macau launches remote vehicle inspection appointments

The Transport Bureau (DSAT) has launched online vehicle inspection appointments to improve public services. Beginning April 13, vehicle owners with overdue periodic inspections can book times through the “My

MGM gains an edge with early smart table adoption: Citibank

MGM China has gained a technological advantage over its Macau competitors by being an early adopter of smart gaming tables, according to analysts at Citibank.

Chinese gov’t mulls new visa category for Macau-Hengqin

The Chinese government is contemplating the establishment of a new visa category designed for Chinese tour groups, allowing for multiple entries between Macau and Hengqin

Upcoming travel expo to be the largest edition yet

This year’s 12th Macao International Travel (Industry) Expo (MITE) will be the largest edition of the event to date, featuring 1,346 exhibition and sales stalls, organizers said

Chamber: Northern District firms see revenue upturns amid consumption promos

Consumer consumption in the Northern District has seen an upturn in revenue following the launch of the government’s consumption program for the district amid challenges faced by business

Fire department sees increase in emergency dispatch in Q1

As Macau enters the anticipated high typhoon season, the government is taking steps to enhance preparations and ensure the safety of its residents, the Fire Services

XPENG Motors expands into Hong Kong and Macau

XPENG Motors, a Chinese smart electric vehicle (EV) company, has announced a partnership with Sime Darby Motors in Hong Kong to expand its presence in the market.

Proposed bill to strengthen regulations pertaining to illegal mahjong activities

Lawmaker Chan Chak Mo said that a proposed bill will penalize individuals who operate mahjong for profit without government authorization with imprisonment for up to one year

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