HK company to maintain Delta Bridge automatic checkpoints

The government awarded the contract for the provision of maintenance of the border crossing equipment on the Hong Kong-Zhuhai-Macau Bridge to NEC Hong Kong Limited, Macau Branch. According to a notice published this week in the Official Gazette, the payment for the service, which pays attention to the automatic checkpoints, totals MOP160.3 million, and will be paid over ten years, starting from 2017, and ending in 2028. The biggest portion, MOP43.74 million, will be paid this year. In 2018, the government will pay the company an additional MOP 29.16 million, then for the remaining eight years, the company will receive MOP10.93 million per year.

Positive assessment on anti-money laundering measures

The Asia/Pacific Group on Money Laundering, the international organization on anti-money laundering and terrorist financing, recently published the Mutual Evaluation Report on the MSAR. According to the mutual evaluation results, among the 11 effectiveness outcomes assessed, Macau obtained six substantial effectiveness ratings, three moderate effectiveness ratings and two low effectiveness ratings. For the technical compliance assessment which deals with completeness of legal and institutional framework, out of the 40 recommendations, the MSAR has obtained 37 compliant and largely compliant ratings, and only two partially compliant ratings and one non-compliant rating.

C2 Magazine discusses media industry

The development of the traditional publishing industry is the main topic of the twenty-fourth issue of C2 Magazine, which will be launched tomorrow. In the section “Feature”, representatives of three local publishing media, Phoenix Skyscape, SD MEDIA, and ZA Magazine, discuss the opportunities and transformation of the media and publishing industry by sharing their entrepreneurial experiences. C2 is a trilingual magazine (in Chinese, Portuguese and English) published by the Cultural Affairs Bureau.