MUR and ICBC sign loan contract for Lot P temporary and home swap housing project

Macau Urban Renewal Limited (MUR) and the Industrial and Commercial Bank of China -Macau Limited (ICBC Macau) have signed a contract over the weekend for

CE: Current SAR gov’t efforts fully recognized by Xi Jinping

Chief Executive (CE) Ho Iat Seng said this weekend that the current government had been fully acknowledged by President Xi Jinping and the Central Government. “Over

Ho Iat Seng instructs finance secretary to mull extra consumption subsidy

Commenting on the overall global economic outlook, Chief Executive (CE) Ho Iat Seng advised that Secretary for Economy and Finance Lei Wai Nong has been undertaking

Wynn: Proud Supporters of Rallying the Nation’s Olympic Spirit

To implement the Macao SAR government’s policy to develop the sports industry, Wynn continues to collaborate with related sectors to provide opportunities for local youngsters to participate

Hong Kong’s success in fending off contagion comes back to haunt

For two years, Hong Kong successfully insulated most of its residents from COVID-19 and often went months without a single locally spread case. Then the

Putin puts Russia’s nuclear forces on alert, cites sanctions

Vladimir Putin put his nuclear forces on increased alert yesterday in an unprecedented escalation of tension with the West since the collapse of the Soviet Union over

Trump talks Putin, grievances as GOP focuses on midterm wins

Leading Republicans spent much of three days avoiding Donald Trump’s chief grievances or ignoring him altogether as they unified behind a midterm message designed to win

1986 Swedish prime minister assassinated

The Swedish prime minister has died after being shot in a street ambush in central Stockholm. His wife was wounded. Olof and Lisbeth Palme were attacked as they were

Ukraine invasion puts Russia’s elite sports status at risk

Russia spent upwards of $50 billion to host the 2014 Winter Olympics in Sochi, then concocted the most elaborate doping scheme in history — all to cement its

Sharon Stone takes in Dolce&Gabbana at relaxed Milan fashion

Front-rows of A-listers and shoulder-to-shoulder seating gave Milan Fashion Week a pre-pandemic air.  So far this week, Sharon Stone has sat appraisingly at Dolce & Gabbana, Rihanna

Rescue underway after China mine collapse traps 14 workers

A rescue operation is underway to rescue 14 workers trapped in a coal mine in southwestern China, media reported yesterday. The roof of a shaft at Sanhe

The EU-China Comprehensive Agreement on Investment

At the end of 2020, the EU Council and Commission concluded an agreement in principle on a In terms of concrete elements, the most important is the strong desire of

Monday, February 28, 2022 – edition no. 3960

  * Putin’s War | Russian nuclear on high alert * Red packets | Gov’t studying new round of consumption subsidy * Tourism | Record-breaking weekend on visitor arrivals * Local realtor estimates Macau

Live updates: Ukraine diplomat urges China to talk to Putin

TOKYO — The Ukrainian ambassador to Japan is urging China to join international efforts to stop the Russian "massacre" in his country amid Beijing's lack of criticism of Moscow's actions. "We

USD6.25b sale of Venetian properties on Vegas Strip complete

The new and old owners of the Venetian and Palazzo casino resorts and former Sands Expo and Convention Center announced Wednesday they have completed the sale

Police investigates cause of Friendship Bridge fire

The Judiciary Police (PJ) has commenced an investigation into the cargo fire that took place yesterday on the Amizade Bridge. Videos depicting a cargo fire on an

MOP74b retail sales in 2021

Retail trade business improved in 2021, with the total value of retail sales surging by 63.5% year-on-year to MOP73.96 billion, albeit from a low base.

Air passenger traffic expected to recover up to 34% in 2022

Passenger traffic and flight movements of the Macau International Airport (MIA) are projected to recover to about 30% and 34% of pre-pandemic levels in 2019, respectively.

Composite interest rate drops slightly

The funding costs of the local banking sector dropped slightly in the fourth quarter of 2021, according to the Monetary Authority of Macao. At end-December 2021, the composite

Chaos at Treasure after its appointment as exclusive venue for HK returnees

The hotel reported that the number of booking requests by far exceeds capacity and that it has been unable to respond to a large number of inquiries.

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