BNU donates 10.6 million patacas to UM

Local Portuguese lender BNU has committed a donation of 10.65 million patacas to establish an endowment fund at the University of Macau Development Foundation (UMDF) with the aim of supporting both teaching and academic research of a chair professor at the Faculty of Business Administration (FBA) of the University of Macau (UM). The bank announced the donation in a statement earlier this week.PLEASE READ THE FULL ARTICLE IN OUR PRINT EDITION.

February 3, 2017 | BY admin

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Woman’s WeChat hijacked in scam

A local woman’s WeChat account was hijacked on Monday when she was trying to buy game credits online, and then was used to borrow money from her friends, Judiciary Police (PJ) spokesman Ho Chan Nam said yesterday during a press briefing. Ho said the 23-year-old woman saw an online advertisement which said she could buy 600,000 yuan worth of game credit for just 10 yuan. She got interested and contacted via WeChat the person who had posted the ad. PLEASE READ THE FULL ARTICLE IN OUR

February 3, 2017 | BY admin

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Govt to require young start-uppers to take business course

Economics Services Bureau (DSE) Director Tai Kin Ip says that his bureau is planning to require beneficiaries of the Youth Entrepreneurs Aid Scheme to enrol in a business start-up course. Tai made the remarks in a reply to a written interpellation by directly-elected lawmaker Alan Ho Ion Sang. The copy of the reply was sent to the media yesterday.The bureau launched the Youth Entrepreneurs Aid Scheme in 2013, offering up to 300,000 patacas in interest-free loans to applicants to be paid

February 3, 2017 | BY admin

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Woman loses 25,000 patacas in ‘panacea’ scam

A 70-year-old local woman was cheated out of 25,000 patacas in Gongbei on Monday by two mainlanders who persuaded her to buy a “cure-all remedy”, Judiciary Police (PJ) spokesman Ho Chan Nam said yesterday during a regular press briefing yesterday.According to Ho, the victim was shopping in a market in Gongbei on Monday morning when she saw the suspects. The male suspect was “selling” the remedy to the female suspect, who told the victim that it could cure all diseases and that she was

February 3, 2017 | BY admin

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Lawmaker slams govt for ‘breaking’ pledge of minimum wage in 2019

Lawmaker-cum-unionist Kwan Tsui Hang slammed the government yesterday for appearing to fail to keep its promise that a statutory minimum wage for all workers will finally be implemented in 2019.Kwan made the remarks in a WhatsApp interview with The Macau Post Daily about the government’s remarks last week on the matter.On Wednesday last week, Secretary for Economy and Finance Lionel Leong Vai Tac declined to say whether the government would keep its promise that the city’s law on a

February 2, 2017 | BY admin

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Anima plans sending local greyhounds to Portugal

The local dog racetrack is set to close next year and one of the plans to save the greyhounds that are there is to send them to Portugal, according to a statement from local animal protection society Anima’s President Albano Martins.Martins, an economist by profession, posted a statement on his social media page on Tuesday, reaching out to people to support Anima’s latest campaign to save the greyhounds from the racetrack by sending them to a re-homing centre in Portugal, or giving them up

February 2, 2017 | BY admin

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CNY visitor arrivals rise 5.7 pct

A total of 614,357 visitor arrivals were recorded between Friday, the eve of the Chinese New Year (CNY), and Tuesday, the fourth day of the CNY, an increase of 5.7 percent compared to last year’s Chinese New Year period, according to official statistics released by the Macau Government Tourism Office (MGTO) yesterday. PLEASE READ THE FULL ARTICLE IN OUR PRINT EDITION.

February 2, 2017 | BY admin

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Casino revenue Jan growth misses forecasts

Macau’s casino revenue increased last month, extending the industry’s recovery to a sixth consecutive month, while falling short of analysts’ predictions.Gross gaming revenue (GGR) rose 3.1 percent to 19.25 billion patacas, the Gaming Inspection and Co-ordination Bureau (DICJ) said yesterday. That compares with the median estimate of an 8.5 percent rise by eight analysts surveyed by Bloomberg and follows an 8 percent increase in December.Last month’s year-on-year growth was the

February 2, 2017 | BY admin

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Great CNY start for KK with win, visit from Tam

The “2017 5th CCTV Chinese Lunar New Year Cup IBF World Championship” at the Venetian’s Cotai Arena was a celebration for the start of the Year of the Rooster on Sunday and Monday nights. Local boxing hero Ng Kuok Kun aka The Macau Kid aka KK (10-0-0) started off the new lunar year with a win by beating Thai opponent Komsan Polsan (33-5-1) with a majority decision. Also for the first time Secretary for Social Affairs and Culture Alexis Tam Chon Weng attended KK’s fight and met

February 2, 2017 | BY admin

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Kou Ün Kai coach ban takes effect

The government’s 10-hour ban on tourist coaches picking up passengers along Rua de D. Belchior Carneiro – Kou Ün Kai in Cantonese – is now in force every day of the week from yesterday.Traffic Consultative Council convener Kuok Keng Man said in December after a meeting of the council with government officials that the government planned to extend the ban on tourist coaches along Rua de D. Belchior Carneiro on Saturdays and Sundays to every day of the week from 8 a.m. to 6 p.m. from

February 2, 2017 | BY admin

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11 Coloane shipyards to be razed in March: govt

A total of 11 derelict shipyards out of 14 in Coloane’s Lai Chi Vun Village will be demolished starting next month, Marine and Water Bureau (DSAMA) Director Susanna Wong Soi Man said on Sunday.Wong announced the demolition when talking to reporters at the Macau Outer Harbour Ferry Terminal.According to Wong, the shipyards to be torn down had their land lease renewals refused by the government this year due to the state of disrepair causing a safety hazard. The demolition of two shipyards in

February 2, 2017 | BY admin

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Agency forecasts up to 10 pct home price rise

Local property agency Mcore Properties yesterday forecast that home prices in the city will rise up to 10 percent this year, boosted by local residents’ strong demand for housing and a stronger economic performance.The real estate agency also urged the government to be more “flexible” in its policies about encouraging the reuse of land that had originally been earmarked for industrial buildings.The company held a press conference yesterday about its end-of-year property review of the city

February 2, 2017 | BY admin

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Sands give pay rise, bonus to full-time staff

Sands China said in a statement yesterday that it is giving an average of 2-6 percent pay rise to all eligible full-time staff, as well as a bonus equivalent to at least one month’s salary.The statement said that the pay rise would be effective from March 1 where eligible full-time staff earning monthly salaries less than or equal to 12,000 patacas (before tax) would receive a pay rise of 600 patacas – a salary increase of 5 percent. Eligible staff earning monthly salaries above 12,000

January 27, 2017 | BY admin

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990 vehicles given up in first 20 days this year

In the first 20 days of this year 990 vehicle registrations were cancelled, up by 54 percent year-on-year, Kou Kun Pang, convener of the government-appointed Traffic Consultative Council, said yesterday.Kou made the remarks when briefing reporters after the council’s first closed-door meeting this year at the Transport Bureau (DSAT).Kou said members of the council generally agreed with the partly contested increase in vehicle-related fees which took effect on New Year’s Day. “We can see

January 27, 2017 | BY admin

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