Opinion: Letter to the Editor | Oxford Economics responds to critics on illicit tobacco report

Dear Editor, We are writing to you on behalf of Oxford Economics and the International Tax and Investment Center (ITIC) regarding the article “Report ‘One in three cigarettes illegal’

Full smoking ban could jeopardize social welfare, casinos claim

Macau’s six casino operators yesterday presented the complete KPMG study into the proposed smoking ban to the Second Standing Committee of the Legislative Assembly, arguing that a total ban could

Alexis Tam applauds DSEJ after accusations from watchdog

The Secretary for Social Affairs and Culture, Alexis Tam, yesterday lauded the efforts of the Director of the Education and Youth Affairs Bureau (DSEJ), Leong Lai, following a report from

Residential mortgage loans slow, commercial on the rise

According to statistics released yesterday by the Monetary Authority of Macau, the number of new approvals of residential mortgage loans (RMLs) declined, while those of commercial real estate loans (CRELs)

Gov’t profiting from illicit monthly parking fees

The government had been receiving part of the profits made by the Comendador Ho Yin Garden parking lot through its illegally issued monthly passes over the years, the management firm

Demographics | Population increases slightly

The female population of Macau accounted for 50.8 percent of the total, or 236,800 persons. There were 1,819 live births delivered in the third quarter for 2015, an increase of

Architecture Promenade records 1,700 participants

The Macau Architecture Promenade (MAP) welcomed over 1,700 participants to a series of 38 activities over the course of a month, which were divided into categories as diverse as “Books

Retail | Chow Tai Fook hits record low after warning profit to plunge

Chow Tai Fook Jewellery Group Ltd. shares fell to a record low in Hong Kong after it warned that first- half profit will plunge by as much as 50 percent

British Consul memoirs depict Macau during WWII

Colin Day was in town to speak about the findings that inspired his most recent publication, entitled “The Lone Flag: Memoir of the British Consul in Macau during World War

China’s malls adapt to survive online shopping onslaught

Yesterday’s Singles’ Day saw China’s e-commerce industry set another stunning sales record - sending shivers through China’s thousands of malls and department stores. In Zhuangsheng Sogo, a high- end department store in

Corporate Bits | AACM hosts asia pacific flight procedures program meeting

The ICAO Asia-Pacific Flight Procedure Program was developed in 2010 with the objective of gathering states and administrations to discuss how mutual assistance can be offered on performing quality control

Red Starbucks cups cause social media outcry

It’s as red as Santa’s suit, a poinsettia or your neighbor’s ugly Christmas sweater. Yet Starbucks’ stark new holiday coffee cup has set off complaints that the chain is making

Mozambique | Netherlands pays for expansion of Maputo water supply network

The government of the Netherlands will donate 20 million euros to Mozambique to help finance the proposed expansion of the Water Supply System of Greater Maputo, said the Ministry of

China State Grid plans to invest billions in Brazil

xian. The total amount includes the value provided to build two power transmission lines that will transport the electricity produced in at the Belo Monte hydroelectric facility, in the state of

Mainland auto sales grow at year’s strongest rate after tax cut

Purchases of sedans, SUVs and minivans in the biggest market by number of vehicles sold rose 13.3 percent to 1.9 million, according to the China Association of Automobile Manufacturers. That was up from

Factory growth weakens, retail sales stay strong

China’s factory output and investment weakened in October while retail sales growth edged up, suggesting economic growth has stabilized but has yet to revive despite repeated interest rate cuts and other

Alibaba smashes Singles’ Day sales record in half the time

  It only took Jack Ma half the time yesterday to sell the same amount of stuff as he did a year ago with his online channels. Transactions through Alibaba Group Holding

Corruption | Anti-graft agency targets deputy Beijing party boss

A Communist Party official in Beijing and a deputy mayor of Shanghai have joined the rapidly growing list of prominent political figures ensnared in an anti-corruption crackdown. The ruling party’s anti-graft

Myanmar| Junta promises peaceful power transfer

Myanmar’s transition to greater democracy after decades of military rule surged ahead yesterday as opposition leader Aung San Suu Kyi’s party continued its election sweep and the government promised a peaceful

Climate change | India sees clean cooking as climate action that saves lives

Kamlesh feeds the flames of a crude clay cookstove with kindling, kerosene and sunbaked discs of cow dung. She breathes in the billowing smoke, as she does for hours every

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