Govt adjusts income, asset limits for social rental housing

The Macau government has adjusted the income and liquid asset limits for social rental housing applicants. The adjustments were promulgated in today's Official Gazette (BO) in the form of an executive order signed by Chief Executive Ho Iat Seng. Applicants' monthly income limit ranges from 12,750 patacas (US$1,600) for a one-person household to 37,300 patacas for a household with seven or more members. The liquid asset limit ranges from 275,400 patacas for a one-person household

August 17, 2020 | BY admin

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Residential property price per m2 drops to below 100,000 patacas

The Macau Special Administrative Region's (MSAR) average residential property price dropped to below 100,000 patacas (US$12,500) per square metre last month, according to statistics released by the Financial Services Bureau (DSF) today. According to the bureau's website, the average price amounted to 99,909 patacas per square metre in July, a decline of 2.04 percent month-to-month. In June, the average price stood at 101,986 patacas per square metre.  In July last year, the

August 17, 2020 | BY admin

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Ho discusses Macau’s economic diversification drive in Beijing

SASAC & NDRC chiefs pledge continued support        Chief Executive Ho Iat Seng yesterday met with the leading officials from the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) and the National Development and Reform Commission (NDRC) to discuss Macau’s economic diversification strategy and the Guangdong-Macau Intensive Cooperation Zone (GMICZ) planned on Hengqin island, according to a statement by the Macau Government

August 17, 2020 | BY admin

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Govt to build Macau’s first-ever tyre park on 4 idle plots in Taipa

The government has announced that it will convert four idle plots of land that are located next to each other covering an area of about 19,000 square metres in total in central Taipa into the city’s first-ever tyre park with a budget of 30 million patacas.The government also said that it expects the project to get off the ground in the first quarter of next year and to be completed in the fourth quarter of the same year.The government also said that it has decided to turn the four idle plots

August 17, 2020 | BY admin

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Snapshots of daily life as city tackles COVID-19

Children, many not wearing facemasks, play a skipping rope game in Iao Hon park on Friday.Men repaint the entrance to the 10 Fantasia creative arts incubator in S. Lázaro district over the weekend.A woman without a facemask takes a nap while sitting on a bench in the shade of a tree in Taipa. Photos: Monica Leong and Camy Tam

August 17, 2020 | BY admin

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Identification Services Bureau hosts exhibition on nation’s consular protection

With the aim of deepening Macau residents’ knowledge about their nation’s consular protection and the services provided by the Foreign Ministry for Chinese nationals living abroad, raising their understanding of safety risks while overseas and strengthening their awareness of safety precaution and self-protection, the Identification Services Bureau (DSI) has launched the “Consular Protection and Assistance – the Nation’s Consular Protection Measures in Recent Years” online photo

August 17, 2020 | BY admin

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Local man takes upskirt videos & photos despite wife’s objections

A man was arrested on Wednesday for using his smartphone to take upskirt videos and photos of women despite his wife’s objections, Public Security Police (PSP) spokesperson said during a regular press conference on Friday.The suspect surnamed Hong, who is in his thirties, told the police that he is unemployed.According to the spokesperson, a resident reported to the Public Security Police on July 29 that someone was taking upskirt photos of women at a bus stop in Avenida da Praia Grande. PSP

August 17, 2020 | BY admin

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White dolphin carcass found near Cheoc Van Beach

An adult Chinese white dolphin was found near the shore at Cheoc Van Beach yesterday morning, the Municipal Affairs Bureau’s (IAM) said in a statement.According to the statement, the dolphin was found by Macau Custom Service officers who then reported the case to the Municipal Affairs Bureau. IAM officials confirmed the carcass to be that of an adult male Chinese white dolphin, also known as Indo-Pacific humpback dolphin, with a body length of 2.45metres.The statement pointed out that the

August 17, 2020 | BY admin

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Opening the mainland to non-nationals holding Macau ID – an opportunity

Commentary by José Álvares*      “Can’t join you for dinner this weekend, I’m going to mainland China to decompress” is a common comment I hear from my Chinese friends here. Meanwhile, those of us Macau SAR residents who do not have Chinese nationality maintain their confidence in our region. Don’t get me wrong, I’m quite content with our situation (and grateful) as I’ve written before, especially thanks to our government’s wise policies in containing the novel

August 17, 2020 | BY admin

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Fear-mongering over learning Chinese is like spreading poison

Commentary by Chen Weihua          The “Red Scare” seems to be spreading fast in the United States after the US president said on Tuesday that if he is not re-elected in November, “you’re going to have to learn to speak Chinese”.But wouldn’t that be a good thing? The more people across the world that speak each other’s mother language, the better understanding they will develop.I am proud that about 300 million Chinese, almost the size of the entire US

August 17, 2020 | BY admin

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Air Asia wants Macau to negotiate 'travel bubble' with Thailand

AirAsia wants Macau to negotiate a "travel bubble" with Thailand, Celia Lao Sio Wun, the low-cost airline's CEO for Hong Kong and Macau, has told Macau's public broadcaster TDM. Lao made the suggestion in an interview broadcast by the station's TV and radio channels on Friday. She said the "travel bubble" was feasible as the COVID-19 situation has stabilised both in Macau and Thailand. Lao also said that AirAsia was ready to resume its flights between Macau and

August 16, 2020 | BY admin

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Wynn revenue falls 79.2 pct in H1

Wynn Macau has announced that is operating revenue decreased 79.2 percent to HK$3.97 billion in the first half of this year. A statement by the US gaming operator to the Hong Kong Stock Exchange on Friday said the decrease was "primarily" due to the adverse effects of the COVID-19 pandemic. Casino revenues, which amounted to HK$2.98 billion, accounted for 85.9 percent of total operating revenues. The company founded by Steve Wynn recorded an operating loss of HK$3.17

August 16, 2020 | BY admin

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Future Bright's Macau turnover drops 82 pct in Q2

Future Bright Holdings' turnover in Macau dropped 82.1 percent year-on-year to HK$32.4 million in the second quarter of this year, the company headed by Macau lawmaker Andrew Chan Chak Mo has announced. According to a statement to the Hong Kong Stock Exchange on Friday, Macau accounted for 47.6 percent of the company's second-quarter turnover. Apart from Macau, Future Bright runs food and catering, food souvenir and property investment businesses in mainland China, Hong Kong and Taiwan. In

August 16, 2020 | BY admin

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Dead baby found near casino

A dead baby was found  near the Wynn casino-hotel resort today, the police announced. According to a police statement, the corpse was in its initial stage of decay, adding that the gender and age of the baby was not immediately known. The statement said the body was nude, about 25 cm long and with the umbilical cord still attached. The police classified the case as dead body found. According to the statement, cleaners found the body in a plastic container close to the resort's

August 15, 2020 | BY admin

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