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EDITOR-IN-CHIEF Paulo Coutinho
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  • Over 80% of full-time carers want to work but face barriers, survey finds

  • Casinos Gaming growth to stall below 1% as high-end demand weakens

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Home›Business›Corporate Bits | CEM to offer tariff reduction to some users

Corporate Bits | CEM to offer tariff reduction to some users

By -
Wednesday, July 24, 2019
91
0

Macau’s sole electricity supplier, CEM, has announced a decrease in the Tariff Clause Adjustment (TCA) in the third quarter of 2019 for CEM’s Tariff Groups A, B and C customers. In this quarter, customers within those tariff groups will enjoy a price of MOP0.34 per kWh of electricity. This is the calculation method set forth in the concession contract. Compared with the tariff for the same groups of customers in the quarter spanning from April to June this year, the updated tariff indicates a decrease of MOP0.01 per kWh compared to the previous quarter, or a nearly 3% difference.

The public commodity supplier noted that the decrease has been made possible by flexibility within the region’s energy mix. Currently, electricity in Macau is generated in a range of ways, including by natural gas, sunlight and combined cycle gas turbine.

Sands Macao Fashion Week returns from Oct. 17-23

Sands Resorts Macao will host the third annual Sands Macao Fashion Week (SMFW19) from October 17 to 23, with a week of fashion shows, exhibitions and promotions. All but the opening night event will be open to the general public. Aimed at both the fashion industry and the general public, SMFW19 will present a series of ready-to-wear group runway shows spotlighting current collections, together with various retail workshops and initiatives across the integrated resort. As with the two previous events, outstanding local designers hosted by the Macau Productivity and Technology Transfer Center (CPTTM) will again be invited to participate in SMFW19 as part of Sands China.’s ongoing campaign to support Macau’s cultural and creative industries. The fashion week is designed to showcase the many retail outlets at Sands Shoppes Macao and the upcoming Autumn/Winter collections. It will also feature offers, exclusive promotions on a wide range of products including cosmetics and skincare, fashion, jewellery and watches as well as lifestyle.

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