Regulator raises base rate to 1.25 pct

The Macau Monetary Authority (AMCM) said in a statement that it raised the base rate of the discount window yesterday from 1.0 percent to 1.25 percent.The base rate is the interest rate that a central bank or other monetary regulator will charge to lend money to commercial banks.The discount window is an instrument of monetary policy that allows eligible institutions to borrow money from the regulator, usually on a short-term basis, to meet temporary PLEASE READ THE FULL ARTICLE IN OUR

March 17, 2017 | BY admin

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Union calls for way to replace non-local workers

Lawmaker-cum-unionist Ella Lei Cheng I urged the government yesterday to set up a strict mechanism to replace non-resident workers. Lei made the remarks during a press conference at the Macau Federation of Trade Unions (commonly known as Gung Luen) headquarters in Rua da Ribeira do Patane.The union announced the results of the Top 10 Labour Rights News Stories, an activity organised by the union for the first time, with some 2,090 residents participating.Lawmaker-cum-unionist Ella Lei Cheng I

March 17, 2017 | BY admin

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Smoking lounges don’t impact VIP gamblers: SJM

SJM Chairman Ambrose So Shu Fai said yesterday he believed high-rollers will not lose their enjoyment of gambling in VIP rooms if in the future they can only smoke in smoking lounges. So made the remarks while speaking to reporters yesterday after attending the opening ceremony of SJM’s first recruitment centre, which is located in the China Civil Plaza in Nape.The government has recently amended its draft version of the Tobacco Prevention and Control Law’s amendment bill, proposing to

March 17, 2017 | BY admin

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Govt starts interest subsidy to push language learning

The Tertiary Education Services Office (GAES) will link up with six local banks to launch an interest subsidy scheme for local graduates who learn Putonghua, Portuguese or English outside Macau, the office’s Assistant Coordinator Chang Kun Hong said yesterday.Addressing a press conference about the scheme at the office, Chang said the government believed that Macau will further strengthen its co-operation with the economies covered by the central government’s Belt & Road Initiative,

March 17, 2017 | BY admin

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Wynn pampers guests with 5-star Forbes Travel Guide package

In celebration of its new status as the only resort in the world to have eight Forbes Travel Guide Five-Star awards, in addition to its Michelin recognitions, Wynn Macau has rolled out a series of accommodation-with-dining-and-spa packages for guests to enjoy and experience luxury defined by Wynn for just under 2,000 patacas.The hotel amenities awarded five stars by Forbes Travel Guide are all located under one roof: Wynn Macau hotel and Encore at Wynn Macau, The Spa at Wynn, the Spa at Encore,

March 17, 2017 | BY admin

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Le Bistro Marcellinho – hip hangout serving quality food

At Le Bistro Marcellinho, people can enjoy fine dining culinary in a cozy environment with a great view while listening to top trending music.The bar and restaurant, located just five minutes away from the university campus in Taipa, has been running for over a year and has become quite a popular venue for private parties.Recently, the restaurant launched a special menu to celebrate White Day, which is similar to Valentine’s Day, but originated from Japan where men who received gifts from

March 17, 2017 | BY admin

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Worms’ Armageddon

Perhaps most pet owners will know that their dogs need to be dewormed every once in a while. However, questions such as “how often ‘once in a while’ should be?” What kind of medicine should I choose to deworm my pet?” or “my dog is just fine, does he/she really need anything? “, are harder to answer.Not long ago, Green Cross Macau Clinic was visited by “Fluffy”, an adult dog that – we were told – was suffering from a lack of appetite and had been losing weight for more

March 17, 2017 | BY admin

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Macau going green for St Patrick’s Day

Macau’s calendar is filled with festivals throughout the year and although St Patrick’s Day is not officially on the calendar of events, there are still lots of activities going on that celebrate the Irish culture.St Patrick’s Day is the observance of the death of Saint Patrick, the patron saint of Ireland, on March 17.Originally a religious feast day during the 17th century, this day, a national holiday in Ireland, has become a day where people around the world celebrate Irish culture

March 17, 2017 | BY admin

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Election board to design ballots for blind voters

The Legislative Assembly Electoral Affairs Committee (CAEAL) is planning to design ballots especially for visually impaired voters, Tong Hio Fong, who heads the committee, said yesterday.The direct and indirect legislative elections will be held on September 17.Speaking to reporters after a meeting with officials of the Printing Bureau (IO) at the Public Administration Building in Rua do Campo, Tong said that among the feedback from the legislative elections four years ago was that

March 16, 2017 | BY admin

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Groups urge govt to announce Lai Chi Vun plan

Activists from four environmental protection groups yesterday jointly submitted a petition, addressed to Chief Executive Fernando Chui Sai On, urging the government to announce a concrete redevelopment plan for Coloane’s Lai Chi Vun Village, whichis known for its traditional shipyards.The four groups are the Macau Green Students Union, Macau Free Cycle Association, Green Friends Association, and Green Future.Speaking to reporters after handing the petition to an official outside Government

March 16, 2017 | BY admin

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Group urges govt to preserve Ilha Verde Hill

Ilha Verde District Welfare and Mutual Help Association Vice President Chan Fong urged the government yesterday to preserve Ilha Verde Hill, which is listed as a cultural heritage site, and to address the area’s safety hazards.Chan made the remarks when speaking to reporters at the foot of the hill before giving them a guided tour of the upper slopes. Chan said landslides might occur on one side of the hill facing a recreational area for residents as the soil on that hillside is quite

March 16, 2017 | BY admin

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Council suggest 80 pct owners ratio for rebuilding

Members of the Urban Renewal Council yesterday proposed that only 80 percent of condominium unit owners are required to agree on the redevelopment of old buildings facing potential safety hazards.A closed-door meeting of the council, chaired by Secretary for Transport and Public Works Raimundo do Rosario, was held yesterday at the Transport Bureau (DSAT). The government-appointed council is tasked with advising the government on its urban renewal policies.Council members are divided into three

March 16, 2017 | BY admin

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Group petitions for 24/7opening of Barrier Gate

Activist group People Power and its high-profile vice chairman Cheong Weng Fat submitted a petition to the Central People’s Government Liaison Office yesterday, calling for an extension of the Barrier Gate checkpoint’s opening hours to 24 hours seven days a week.An official of the office received the petition addressed to National People’s Congress (NPC) Chairman Zhang Dejiang.The Barrier Gate checkpoint currently operates from 6 a.m. to 1 a.m. but the Lotus Flower Bridge checkpoint runs

March 16, 2017 | BY admin

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12 loan sharks use fake business cards: police

A dozen mainland men were arrested for belonging to a casino loan-sharking gang which used fake business cards to “increase their credibility”, featuring casino operators’ company names, when looking for potential customers, a Judiciary Police (PJ) spokesperson said yesterday.According to the spokesperson, the suspects are aged between 27 and 33. Most are from the southern Guangxi Zhuang Autonomous Region. The spokesperson said the police received a tip-off on Tuesday that the suspects

March 16, 2017 | BY admin

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