Uber launches Xmas specials

Uber, the on-demand application that connects riders and drivers, announced yesterday the launching of a special Christmas service in Macau. The service, known as “uberX”, will permit riders to pay just MOP 8 for up to two rides anywhere in the city between Dec. 23 and 25, compliments of Uber Macau. “My team and I have been overwhelmed by the support we’ve received from our fellow Macau residents […] and these three days of [MOP 8] rides is my way of saying thank you and Merry X-mas,” said Uber Macau General Manager Trasy Lou Walsh.  “We’re pleased to finally launch uberX in Macau, after countless requests from our riders and drivers,” Walsh added. “As a native Macau resident myself, I know how valuable it is to have reliable, convenient options for getting around the city.” The company adds that since their launch two months ago, Uber has already provided thousands in Macau with rides, of which nearly 70 percent are Macau residents.

CPI figures suggest slow down in price inflation

Inflation figures for November 2015 suggest the continuation of a slow-down in the rate of growth; however the month represents a slight increase of 0.1 percent from October, driven by climbing prices for alcohol and tobacco. According to information released by the Statistics and Census Service, the Composite Consumer Price Index (CPI) for November 2015 increased by 3.77 percent year-on-year – attributed by the service to higher rentals, and rising charges for eating out and parking spaces. The Composite CPI, which reflects the impact of price changes as a measure of inflation, was down in November from the 4.16 percent year-on-year increase between October 2014 and 2015.