Govt to study feasibility of stock market: monetary chief

The Macau government intends to hire a consultancy to study the feasibility of opening a stock market in Macau, Macau Monetary Authority (AMCM) President Benjamin Chan Sau San says.However, Chan was quick to add that the feasibility study would focus on the opening of a securities market as the first step.Chan made the remarks on the sidelines of Friday’s conference of central bank governors and other senior financial sector representatives from mainland China and Portuguese-speaking

June 3, 2019 | BY admin

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Pregnant woman diagnosed with rubella

A 32-year-old local woman who is 14 weeks pregnant and works at StarWorld Hotel has been infected with the rubella virus, Health Bureau (SSM) said in a statement on Saturday.Rubella is also known as German measles.According to the statement, the woman, who lives in Zhuhai, had a rash on her chest and a sore throat on Thursday evening and went to the public Conde de São Januário Hospital Centre on Friday morning after the rash had spread to other parts of her body, and was diagnosed with

June 3, 2019 | BY admin

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2 sisters in hospital after carbon monoxide poisoning

Two sisters aged 15 and 20 were hospitalised yesterday after suffering carbon monoxide poisoning in their Ilha Verde home, Heath Bureau (SSM) said yesterday.Both are locals. The statement said that the younger sister fainted in her bedroom after going into the kitchen at about 1 a.m. yesterday. The family called the police and she was taken to the private Kiang Wu Hospital.Then at about 3 a.m., the older sister went into the kitchen to switch off the water heater, after which she felt dizzy

June 3, 2019 | BY admin

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Portuguese tourist scrawls graffiti on IAM headquarters to express love for girlfriend: police

The Judiciary Police (PJ) have announced the arrest of a tourist from Portugal for scrawling graffiti on a wall of the Municipal Affairs Bureau (IAM) headquarters in the city centre last month.PJ spokesman Ho Chan Nam announced the arrest during a regular press conference on Friday.After his arrest, the Portuguese man, who faces a charge of causing aggravated damage, told the police that on a sudden impulse he scrawled the graffiti on the wall to express his love for his girlfriend who lives in

June 3, 2019 | BY admin

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Teens vow to be responsible citizens

Patrick Chiu Chi Chong, a Pan Mac Junior Chamber event coordinator, said yesterday the aim of having the “2019 Adult Commitment Day” was to encourage teenagers who are “soon-to-be” 18 years old, to vow that they would be responsible citizens and “positive assets” to the city.Chiu spoke to reporters on the sidelines of the event organised by the chamber at the School of the Nations in Taipa. Chiu added he hoped that through the event, teenagers could learn more about being socially

June 3, 2019 | BY admin

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LRT subsidy to top 1 billion patacas per year: lawmaker

The government will subsidise the LRT skytrain operation with more than 1 billion patacas a year, Mak Soi Kun, president of the Legislative Assembly’s Public Finance Affairs Follow-Up Committee, has indicated.Speaking to reporters after a closed-door meeting of the committee on Friday, Mak said – without mentioning any concrete figure – that the LRT subsidy would be “higher” than the one the government pays Macau’s public bus operators every year. He was quick to add that the LRT

June 3, 2019 | BY admin

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Mak Mak – Macau’s 1st IP brand for its tourism marketing strategy

“It is the first time that the Macau Government Tourism Office (MGTO) is using intellectual property (IP) branding, for Macau’s official mascot Mak Mak, as a tourism marketing strategy,” MGTO Director Maria Helena de Senna Fernandes, said on the sidelines of the launch of a new financial support programme for cultural tourism branding yesterday.MGTO and the Cultural Industries Fund (FIC) launched the new programme at the Macau Young Entrepreneur Incubation Centre in Nape yesterday. “We

May 31, 2019 | BY admin

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Trio cheat 2 women by swapping genuine gold necklaces with fake ones: police

The Judiciary Police (PJ) arrested three male mainlanders on Wednesday for two identical frauds, each time offering to sell the victim a gold necklace at a low price, showing the victim the genuine one, confirming its genuineness in a jewellery shop and swapping the genuine necklace with a counterfeit one when finalising the deal, PJ spokesman Ho Chan Nam said during a special press conference yesterday.In the two cases, which happened late last month and earlier this month respectively, the

May 31, 2019 | BY admin

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Melco buys 19.99 pct stake in Crown

Melco Resorts & Entertainment Limited announced that it bought yesterday a 19.99 percent stake in Crown Resorts Limited from CPH Crown Holdings Pty Limited.According to a statement by the Macau gaming operator, it executed a definitive purchase agreement through which a subsidiary of Melco will acquire 135.35 million Crown shares from CPH for a price of A$13.00 (72.70 patacas) per Crown share.The statement said that these shares represent an ownership interest of about 19.99 percent in

May 31, 2019 | BY admin

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Police subdue man resisting arrest with pepper spray

The Public Security Police (PSP) arrested a man from Tanzania near Avenida de Horta e Costa last week after he attacked two PSP officers, after one of the officers had approached him to question him in the street, PSP spokesman Lam Keong said during a regular press conference yesterday.The two PSP officers finally subdued the man with pepper spray, Lam said.When the Tanzanian national was being chased by the two officers, he dropped a bag of Ice and a bag of cannabis on the ground, according to

May 31, 2019 | BY admin

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Q1 economy suffers negative growth: Leong

Secretary for Economy and Finance Lionel Leong Vai Tac revealed yesterday that Macau’s economy in the first quarter experienced negative growth year-on-year, primarily due to the high base of comparison in the same quarter of last year.However, the policy secretary also said that the ongoing China-US trade row has not had a noticeable impact on Macau’s economy.Leong made the remarks while speaking to reporters at the Bank of China (BOC) Building in Nam Van on the sidelines of the signing

May 31, 2019 | BY admin

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Grand Orbit adds Korean favourites to buffet line

Two guest chefs from Conrad Seoul’s Zest restaurant are serving authentic Korean food at the Grand Orbit buffet restaurant in the local Conrad hotel.Chef de Partie Yong Jun Kwon and Demi Chef Jeong Man Kim are in town for the Korean food promotion as part of the 100th anniversary celebrations of the world’s first global hotel company, Hilton, today.Korean dishes that the chefs are preparing for the promotion include samgyetang (chicken soup with ginseng), ganjangsawoojang (soy sauce

May 31, 2019 | BY admin

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North restaurant rolls out Guizhou classics

North restaurant at Venetian has launched a special menu featuring classic Guizhou dishes.Different to other Chinese regional specialities, Guizhou cuisine has a distinctive character that is not only spicy but also full of flavours.Regional dishes in the special menu, overseen by the restaurant’s chef who is a Guizhou native so to ensure that the flavours are authentic, include deep-fried pork ribs with coriander and preserved vegetables; rice noodle soup with braised beef, tripe and pickled

May 31, 2019 | BY admin

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Dragon Boat: Paddles up, the race is on!

The sound of rhythmic drumbeats can be heard along Nam Van Lake early every evening for the last couple of weeks as local teams get into training to paddle in sync, ready to compete in dragon boat races this weekend.This year’s Macau International Dragon Boat Races will take place tomorrow and on Sunday when local teams will be competing, and on Friday next week when qualifying local teams will be competing against overseas teams.The event, taking place at Nam Van Lake Nautical Centre, is

May 31, 2019 | BY admin

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