EU blacklists 17 tax havens – incl Macau

BRUSSELS – EU ministers adopted yesterday a blacklist of 17 non-EU tax havens including Macau, Panama and South Korea after a year of tough negotiations.The Paradise Papers leak last month gave a new impetus to the plan, making public some of the intricate ways the world’s rich evade tax using offshore havens.“We have adopted at EU level a list of states which are not doing enough to fight tax evasion. This blacklist includes 17 states,” French Finance Minister Bruno Le Maire told

December 6, 2017 | BY admin

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Rosario vows to complete bus terminal repairs earlier than slated

Secretary for Transport and Public Works Raimundo do Rosario said in the legislature’s hemicycle yesterday that the government now expects the repairs and improvement work for the closed Barrier Gate underground bus terminal to be completed earlier than it had initially planned.Rosario made the remarks when answering questions from several lawmakers on the first of a two-day Q&A session about his portfolio’s policy guidelines for next year.The Transport Bureau (DSAT) announced in

December 6, 2017 | BY admin

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Chui to present annual work report to state leaders

Chief Executive Fernando Chui Sai On will present his annual work report to state leaders next week, the Macau Government Information Bureau (GCS) said in a statement yesterday.According to the statement, Chui will visit the national capital from Wednesday to Saturday next week.The statement said that the chief executive will also brief the nation’s top leaders on his government’s policy guidelines for next year. His entourage will include his chief-of-cabinet, O Lam, GCS Director Victor

December 6, 2017 | BY admin

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Area in Zone E1 to be used for storing construction waste: Rosario

Secretary for Transport and Public Works Raimundo do Rosario said in the legislature’s hemicycle yesterday that the government will designate a plot on the land reclamation area known as Zone E1 for storing construction waste.Rosario made the remarks when answering a question from indirectly-elected lawmaker-cum-unionist Lei Chan U, on the first of a two-day Q&A session about his portfolio’s policy guidelines for next year.The six new land reclamation zones are officially known as A, B,

December 6, 2017 | BY admin

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Rosario proposes JV for casino shuttle buses

Addressing yesterday’s Q&A session in the legislature’s hemicycle, Secretary for Transport and Public Works Raimundo do Rosario said he hoped that the city’s six gaming operators could set up a joint venture (JV) for casino shuttle bus operations, with the aim of reducing the total number of such buses clogging the city’s streets.Rosario made the remarks when answering a question from directly-elected lawmaker-cum-gaming executive Angela Leong On Kei, on the first day of the two-day

December 6, 2017 | BY admin

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Govt rejects Macau’s ‘biased‘ tax haven label by EU

The Macau government last night rejected the European Union’s “unilateral and biased” decision to include Macau in a blacklist of 17 tax havens.The decision was announced by the EU in Brussels earlier yesterday.The local government issued a statement in response to the EU decision within a matter of hours. “The government of the Macau Special Administrative Region believes that the EU took a unilateral and biased decision that does not tally with the real situation of Macau,” the

December 6, 2017 | BY admin

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SJM donates 550,000 patacas to support charity walk

Gaming operator SJM made a donation of 550,000 patacas yesterday to the Charity Fund from the Readers of Macao Daily News to support its annual “Walk for a Million” charity walk that is taking place on Sunday.A cheque presentation ceremony was held at Grand Lisboa Hotel with SJM Chairman of the Board of Directors Ambrose So Shu Fai and Managing Director and Chief Administrative Officer Angela Leong On Kei handing a cheque to several of the charity fund’s representatives such as its

December 6, 2017 | BY admin

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Pansy Ho hints more teamLab projects at MGM Cotai

MGM China Holdings Limited Co-Chairperson and Executive Director Pansy Ho Chiu King said yesterday that once the company’s property in Cotai opens, there would be more space for more collaboration with Japanese digital software company teamLab.Ho made the remarks during her speech at the opening ceremony of “Learn & Play! teamLab Future Park” digital exhibition at MGM Macau.Ho said that it was six years ago that MGM started to use art as the key element to add innovation to Macau’s

December 6, 2017 | BY admin

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Macau, HK ink judicial mutual service deal

Macau and Hong Kong signed yesterday an arrangement for mutual service of judicial documents in civil and commercial cases.The arrangement was inked by Secretary for Administration and Justice Sonia Chan Hoi Fan and Hong Kong Chief Secretary for Administration Matthew Cheung Kin-chung at Government Headquarters.Cheung paid a one-day working visit to Macau, during which he also paid a courtesy call on Chief Executive Fernando Chui Sai On. Secretary for Administration and Justice Sonia Chan Hoi

December 6, 2017 | BY admin

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Suspended lawmaker attends plenum in public gallery

Suspended lawmaker Sulu Sou Ka Hou attended yesterday’s plenary session in the legislature’s public gallery, vowing to attend all plenums as a member of the public during his suspension.The rookie legislator told reporters he planned to hand Secretary for Transport and Public Works Raimundo do Rosario today a list of his questions about the 2018 policy guidelines for the latter’s portfolio.Rosario is slated to be in the hemicycle this afternoon for the second and final day of a debate of

December 6, 2017 | BY admin

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Lawmakers suspend peer to stand trial for disobedience

Some 85 percent of the members of the Legislative Assembly (AL) voted yesterday for the suspension of directly-elected lawmaker Sulu Sou Ka Hou from the legislature so that he can stand trial for alleged aggravated disobedience.During a plenary session of the 33-member legislature yesterday afternoon, 28 lawmakers voted for Sou’s suspension while four legislators voted against. The vote was carried out by secret ballot. The suspension issue was the only item on the agenda of the plenum.Sou

December 5, 2017 | BY admin

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AJ Hackett plans jetboat tours

The company that operates the bungee jump at Macau Tower is planning to bring jetboat tours to Macau with operations to start as early as next year, its CEO Alan John Hackett said yesterday.Hackett was in town for the seventh annual “Crazy Jump Day”, partnering this year with Malaysian low-cost carrier AirAsia, where 23 participants in fancy dress had a free-fall experience from Macau Tower from 233 metres off the ground.Hackett said that as more people are braving the jump, the

December 5, 2017 | BY admin

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Police nab HK-Macau drug duo

A local man and a man from Hong Kong were arrested yesterday for their involvement in a drug-trafficking case, Judiciary Police (PJ) spokesman Ho Chan Nam said during a special conference at the PJ headquarters in Zape.Ho said the Judiciary Police had recently been tipped off about a Hong Kong man hired by a gang to sell drugs in Macau.According to Ho, the local suspect is a 23-year-old man surnamed Mak who works as an office clerk, while the Hongkonger is a 34-year-old surnamed Chao who told

December 5, 2017 | BY admin

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Aviation chief says tweaks needed for airport expansion

Macau Civil Aviation Authority (AACM) President Simon Chan Weng Hong said yesterday that adjustments were needed for the local airport expansion project after central government officials reviewed it.Chan made the comments on the sidelines of attending an AirAsia and AJ Hackett’s event at Macau Tower.According to Chan, the adjustments will be made in line with the central government officials’ opinions.Macau Civil Aviation Authority (AACM) President Simon Chan Weng Hong speaks to the media

December 5, 2017 | BY admin

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