Galaxy posts 67 pct rise in 2017 profit

Sónia Chan Soi Fan, who heads the Macau Special Administrative Region Public Assets Supervision and Planning Office, revealed yesterday that the government has relinquished all its shares in the Macau New Technologies Incubator Centre (Manetic) which, notwithstanding the government’s retreat, will continue to operate.Chan said that the government had decided to leave Manetic after determining that it no longer needed to continue investing in the company.Chan, the policy secretary for

Macau’s former chief public prosecutor Ho Chio Meng was sentenced on Friday to 21 year behind bars for over 1,000 crimes including corruption, fraud, embezzlement, organised crime, money laundering and unjustified wealth.The court said in its judgement that Ho’s “behaviour was a severe violation of the law’s obligations,” adding that as a former prosecutor he “was supposed to know the law and abide by the law, and have strict self-discipline”.Due to his former status as one of