Higher taxes on cross-border e-commerce products going to mainland

A Guangdong-Macau conference on cross-border e-commerce took place last week at the World Trade Centre, where businessmen from both regions shared their own experiences developing popular online shopping platforms. The conference,

755 tender applications for 250 taxi licenses

The sum, tendered by Chan Kam Soi represents a cost of almost MOP92,000 a month for the total period of the license (8 years). According to TDM,  DSAT suspects that

Briefs | Foreign reserves slip in March

The Monetary Authority of Macau has announced that the preliminary estimate of Macau’s foreign exchange reserves amounted to MOP152.5 billion (USD19.09 billion) at the end of March. This means that

More readers using local libraries

The Macau public libraries have registered a substantial growth in the number of book loans during 2015, revealed Ophelia Tang, director of Public Libraries Management Department within the Cultural Affairs

Pearl Horizon homebuyers resume protests

A large crowd of buyers involved in the “Pearl Horizon” group returned to activity yesterday. This time, as the protesters went back to Polytec Assets’ Headquarters the traffic nearby was

Portugal’s Attorney General visits region ‘to deepen cooperation’

The Portuguese Attorney General Office (PGR) is “available to deepen cooperation with Macau in areas such as the fight against corruption, or training of judges,” Joana Marques Vidal said yesterday

Pyongyang International Marathon | Macau runner ventures to Pyongyang in race that changes his mind

Thirty-three-­year-old Macau resident, Simon Lam, travelled to North Korea earlier this month to participate in the annual Pyongyang international marathon race as, according to Lam, the only runner representing the

Corporate Bits | Citigroup’s profit sinks 27 percent

The New York-based financial conglomerate quarter continued to clean up its balance sheet and slim itself down from the depths of the financial crisis. Citi Holdings, the so-called bad bank that holds

Chinese group said seeking to seal AC Milan takeover by June

The Chinese investor group pursuing a takeover of the AC Milan football club, which is controlled by former Italian Prime Minister Silvio Berlusconi, is targeting a deal by June, people with

China’s finance minister accuses credit-rating firms of bias

China’s finance minister accused international credit-rating companies of “bias” against the country after Standard & Poor’s Rating Services and Moody’s Investors Service lowered their sovereign outlooks on the world’s second-­largest

Has China’s slowdown bottomed out?

China’s economic growth slowed in the first quarter to 6.7 percent, largely in line with expectations, but its slowest pace since the global financial crisis. Data reported Friday showed that the annualized

Beijing criticizes Taiwan for releasing fraud suspects

A Chinese spokesman criticized Taiwan after the self-ruled island released 20 fraud suspects just one day after they were deported from Malaysia, citing a lack of evidence. China and Taiwan have been

Hong Kong | Tiananmen Museum faces closure threat

The world’s only museum chronicling the Chinese government’s brutal 1989 crackdown on student protesters in Beijing’s Tiananmen Square say it faces closure because of a legal dispute, its Hong Kong

HK Disneyland cuts staff after attendance declines

Hong Kong Disneyland cut jobs after sustaining its first loss in four years amid a slump in mainland visitors to the city. Radio Television Hong Kong reported Friday that Walt Disney

11 missing in Japan quakes; US to join relief effort

Eleven people remained missing yesterday in southern Japan from two powerful earthquakes that killed 41 people, as the U.S military announced it was preparing to join relief efforts and Toyota said

Macau tourists safe, request for quicker flight arrangements

Two Macau tour groups in Japan have been reported safe after the country was again struck by a 7.3-magnitude earthquake on Saturday. The Tourism Crisis Management Office (GGCT) received requests

Migrants | Libyan smuggling route grows one year after mass drownings

When more than 800 people drowned last year on an overcrowded ship bound for Italy’s southernmost isle of Lampedusa, the European Union deployed a round-the-clock flotilla that has saved thousands

Earthquake kills 233 in Ecuador; emergency workers rush in

  The strongest earthquake to hit Ecuador in decades flattened buildings and buckled highways along its Pacific coast. President Rafael Correa said at least 233 people had died and rescuers were struggling to

Iran vows to defend Muslim nations against terrorism, Israel

Iran’s President Hassan Rouhani yesterday vowed to defend Muslim countries against terrorism and Israel while insisting that its neighbors should not feel threatened. Speaking during a National Army Day parade in

This Day in History | 1994 Killing spreads in Rwanda

Tens of thousands of people are believed to have died since Rwanda’s president died in a suspicious plane crash on 6 April. The killing has mainly been carried out by Hutu

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