Ho Iat Seng’s son leaves FDCT board

Jason Ho Kin Tong’s tenure as a member of the Board of Trustees of the Fund for the Development of Science and Technology (FDCT) will come to an

Nearly 16,000 still need to apply for pension fund payout

Funds for the extraordinary distribution of budget surpluses from Macau’s non-mandatory central pension scheme for 2024 will be deposited Sept. 25 at the earliest, according to the Social

MGM adds hospitality veteran to board

MGM Resorts International has appointed Keith Barr, former CEO of IHG Hotels & Resorts, to its Board of Directors. With over 30 years in the industry, Barr is

Mass wedding in Beijing to include couples from SARs

A mass wedding ceremony will see 5,000 couples, including newlyweds from Macau, Hong Kong and Taiwan, participating in Beijing on Sept. 22. Organized by the All-China Women’s Federation

Fiscal reserve rebounds to 91% of peak at MOP602.74 billion

Macau’s fiscal reserve bounced back to over MOP602.74 billion in June, reaching 91% of its record high of MOP663.56 billion in February 2021, according to the Monetary Authority

Retail sales drop sharply in first half

Retail sales totaled MOP36.85 billion in the first six months of 2024, a decline of 17.5% from the same period a year earlier, according to government data. The

Sichuan golden monkeys return to mainland

The Municipal Affairs Bureau (IAM) has returned two male Sichuan golden monkeys to the mainland after their loan period expired. In 2017, the IAM signed an agreement with

Burned beehive sparks arson investigation

   Police are investigating a suspected arson incident at a pedestrian bridge near Taipa Lake. The fire, reported around 10 p.m. on August 20, caused burn marks

Casino money exchange licenses renewed

The Macau government has granted renewals of money exchange licenses to the territory’s six casino operators, according to a dispatch in the Official Gazette. The six concessionaires will

Traffic changes on Avenida Marginal Flor de Lotus

Starting tomorrow, part of the traffic lane on Avenida Marginal Flor de Lotus towards Taipa will be temporarily closed over two phases to facilitate construction related to the

Nightclub high leads to Coloane crash

A Hong Kong man in his 30s was arrested for suspected drug driving after crashing into a flower garden in Coloane, Friday. The driver, who entered Macau via

Love gone wrong: Local woman loses MOP500,000 to online scammers

A middle-aged woman from Macau has fallen victim to an online dating scam twice, losing a total of MOP500,000. In May, she began a relationship with a man

Final list of CE Election Committee members published

The final list of all the members who will be part of the Chief Executive (CE) Election Committee was published yesterday in the government’s official gazette. The full

Restaurant and retail sales down in June but outlook up in July

Receipts at restaurants and sales at retailers dropped in June compared to the previous month and last year, according to government statistics. Chinese restaurant receipts fell 6.4% month-to-month

Melco Resorts buys back USD45 million in shares

Melco Resorts & Entertainment has repurchased approximately USD8.33 million shares for nearly $44.5 million, according to a filing from parent company Melco International Development Limited (0200.HK). This buyback

Cotai Arena to be completed by November

The construction project of Cotai’s new 50,000-seat temporary outdoor performance venue is slated to be completed by November. As cited in an information bulletin released by the Public

DSEDJ warns of heavy traffic for new school year

The beginning of the school year is expected to bring increased traffic in various districts of the city, the Education and Youth Development Bureau (DSEDJ) has warned. In

Centaline gives out 1.2 month bonuses to staff amid property revival

In the second quarter of 2024, following the full withdrawal of market restrictions, developers accelerated their sales efforts, leading to a revival in transactions. According to realtor Centaline,

New taxi documentation services now available online

Yesterday, the Transport Bureau (DSAT) expanded its digital services to enhance convenience for Macau residents. As of 10 a.m. on August 19, four new taxi service processing functions

UTM welcomes 900 new students

The Macao University of Tourism (UTM) has welcomed over 900 new students for the 2024/2025 academic year, the largest intake in its history with a 50% year-on-year increase.

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