Prada’s new exclusive collection out at Four Season’s pop-up store

Italian luxury house Prada has launched its latest collection featuring a special selection of the brand’s items that are only available at Four Seasons’ pop-up store in Macau.The pop up, covering an area of about 80 square metres, is decked out like a precious coffer with the colours of the gems inside shining through transparent exterior glass panels.These gems include the exclusive collection with the brand’s classic Galleria, Cahier, Matinée in special crocodile or ostrich leather,

January 17, 2020 | BY admin

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Forex reserves rise 4.3 pct to 178 billion patacas in 2019

Macau’s foreign exchange reserves amounted to 178.3 billion patacas at the end of last year, the Macau Monetary Authority (AMCM) said yesterday.According to a statement by financial regulator, the foreign exchange reserves increased by 4.3 percent month-to-month.Macau’s foreign exchange reserves at the end of last year represented 11 times the local currency in circulation.PLEASE READ THE FULL ARTICLE IN OUR PRINT EDITION.

January 17, 2020 | BY admin

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Tourist prices drop 0.37 pct in 2019

Macau’s average tourist price index (TPI) dropped 0.37 percent year-on-year in 2019, the Statistics and Census Bureau (DSEC) has announced.A DSEC statement this week said the decline was mainly attributable to lower hotel room rates and falling prices of handbags and women’s clothing, while the higher cost of eating out and buying local food products partly offset the TPI decrease.Whereas the price indices of clothing and footwear (-5.31 percent) and accommodation (-2.50 percent) declined

January 17, 2020 | BY admin

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Prosecutors charge 26 in IPIM case incl ex-president

The Public Prosecution Office (MP) has charged 26 suspects with a string of crimes allegedly committed in connection with the illegal granting of residence permits for investors and professionals by the government’s Macau Trade and Investment Promotion Institute (IPIM) between 2010 and 2018, Rádio Macau reported yesterday.According to the unsourced report by the radio channel of government-owned broadcaster TDM, the suspects include former IPIM president Jackson Chang, also known as Cheong

January 17, 2020 | BY admin

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Police bust illegal inn near Ocean Gardens

The Judiciary Police (PJ) busted an illegal inn in a residential flat near Ocean Gardens yesterday morning, taking 15 mainlanders in for questioning, PJ spokesman Chan Wun Man said.After the operation, Chan briefed reporters outside the residential building – Beira-Mar Lei Loi Tak Garden – an estate comprising two blocks, Lei Loi and Lei Tak – next to the huge Ocean Gardens estate in western Taipa.Coordinated by the Unitary Police Service (SPU) and based on a tip-off, the Judiciary Police

January 17, 2020 | BY admin

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‘Wuhan virus’ contingency plans in place for CNY: govt

The government said yesterday it has contingency plans in place for the provision of medical services and epidemic prevention measures, considering the large flow of visitors expected to Macau over the Chinese New Year (CNY) holidays which start late next week.According to a statement by the Macau Government Information Bureau (GCS), the government is strictly complying with guidelines from the World Health Organisation (WHO) concerning preventive measures, following the outbreak of viral

January 17, 2020 | BY admin

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Public bus passengers rise 6 pct to record 230 million in 2019

Transport Bureau (DSAT) Director Lam Kelvin Lam Hin San announced yesterday that some 230 million public bus passengers were recorded last year, a new record, a year-on-year increase of over six percent.The transport chief also said that last year’s number of senior citizen bus passengers increased 20 percent year-on-year, amounting to 2.3 million per month on average, or 27 million for the whole of 2019.Lam made the remarks while speaking to reporters after chairing a regular meeting of the

January 17, 2020 | BY admin

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China, US sign ‘momentous’ trade deal

WASHINGTON, DC – After nearly two years of conflict between the world’s two dominant economic powers, China and the US signed a trade truce yesterday, letting businesses around the globe breathe a sigh of relief.US President Donald Trump, who currently faces an impeachment trial and then a tough reelection bid later this year, called the agreement “momentous.”But tariffs on hundreds of billions of US dollars in imports remain in place, leaving US consumers and businesses to foot the

January 16, 2020 | BY admin

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Mongolian nabbed for stealing cosmetics worth 2,500 patacas: police

A Mongolian man was nabbed by the police for stealing two make-up items from a retail shop at a shopping centre in a Cotai hotel-resort on Tuesday, Public Security Police (PSP) spokesman Choi Iok Kin said during a regular press conference yesterday.According to Choi, the 20-year-old suspect surnamed Bayanjargal, told police that he is unemployed.The shop staff discovered items of make-up had vanished from a shelf at about 5:15 p.m. on Tuesday. The manager of the store reported the case to the

January 16, 2020 | BY admin

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Rosário aims for DSSOPT to clear backlog in several months

Secretary for Transport and Public Works Raimundo do Rosário said yesterday he expects the newly appointed director of the Lands, Public Works and Transport Bureau (DSSOPT), Chan Pou Ha, to tackle its existing problems, clear its backlog and improve its public image in a matter of months.Rosário made the remarks while speaking to reporters after Chan’s swearing-in ceremony on the premises of the bureau in Estrada de D. Maria II.According to an executive order published in the Official

January 16, 2020 | BY admin

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Bobo to go on display at Animals’ Specimen Hall, ‘lucky’ ox to move to Seac Pai Van Park: IAM

The “lucky” ox which managed to escape from the abattoir in Ilha Verde district last month will be moved to his new home in the Seac Pai Van Park in Coloane before the Chinese New Year, while the taxidermy mount of Macau’s beloved Asian black bear Bobo will be displayed at the Animals’ Specimen Hall to be opened this summer, Municipal Affairs Bureau (IAM) Vice President Lo Chi Kin told reporters on the sidelines of a Spring Festival dinner for the media at Grand Lisboa casino-hotel

January 16, 2020 | BY admin

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Vet gets 4 years’ jail for abuse of power, false income statements

A veterinarian who headed the Veterinary Inspection and Control Division of the Municipal Affairs Bureau (IAM) was sentenced by the Court of First Instance (TPI) yesterday to four years behind bars for abuse of power and false income statements, Rádio Macau reported.The report by the Portuguese-language radio channel of government-owned broadcaster TDM identified the defendant as Choi U Fai who was allegedly a “hidden” shareholder of a private animal clinic that won a government contract

January 16, 2020 | BY admin

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Tourism Office expects 3 pct fall in visitors this year

The Macau Government Tourism Office (MGTO) said yesterday it expects the number of visitor arrivals to drop by 3 percent this year, the first year-on-year dip since 2015.MGTO Director Maria Helena de Senna Fernandes noted that the downward trend started last November, irrespective of the Macau Grand Prix in that month.Senna Fernandes made the remarks during MGTO’s annual press conference, at the Macau Tower Convention and Entertainment Centre.PLEASE READ THE FULL ARTICLE IN OUR PRINT EDITION.

January 16, 2020 | BY admin

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Man cheats 4 pawnshops out of HK$100,000 with bogus Rolexes: police

The Judiciary Police (PJ) nabbed a mainlander on Sunday for cheating four pawnshops out of HK$100,000 by pawning four fake Rolex watches, PJ spokesman Chan Wun Man said during a regular press conference yesterday.According to Chan, the about 56-year-old suspect, surnamed Zhu, told police that he is unemployed.Chan said that the suspect swindled four pawn shops located in Nape and Zape last month.Chan told The Macau Post Daily that only the fourth pawn shop which had been defrauded by the

January 15, 2020 | BY admin

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