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Exhibition organiser says recession affects sales
One of organisers of the annual car, yacht and business aviation exhibitions said yesterday that the city’s economic downturn would certainly affect the fair’s sales, adding that the exhibitions would focus on promoting exchanges among exhibitors this year.According to a statement of the exhibitions’ organisers, the 6th China (Macau) International Automobile Exposition, 6th China (Macau) International Yacht Import & Export Fair and 5th Macau Business Aviation Exhibition will be held
October 20, 2016
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3 lawmakers urge govt to axe LRT peninsula plan
Three lawmakers yesterday urged the government to dump its plan to build a Light Rail Transit (LRT) system on the peninsula. The trio said they were worried that the construction of the project on the peninsula would cause severe traffic jams.Indirectly lawmakers Kou Hoi In, Cheang Chi Keong and Chui Sai Cheong suggested that instead a monorail be built along the peninsula’s coastline, pointing out that the central government has granted the local government jurisdiction over Macau’s
October 19, 2016 | BY admin
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Property sales double in September
The number of flats sold last month rose 100 percent year-on-year to 934, according to official statistics released by the Financial Services Bureau (DSF) yesterday. In September last year, 466 units changed hands. Month-on-month, the number of flats sold rose 25.4 percent. The average price per square metre fell 2.2 percent year-on-year to 81,769 patacas, according to the DSF data. 
October 19, 2016 | BY admin
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CEM plant demolition to take about a year: energy chief
Energy Sector Development Office (GDSE) Director Hoi Chi Leong said yesterday that the demolition of the former CEM power station on the peninsula would be finished in about a year.Hoi also said he was confident that once the demolition is finished, the plot of land would be ready to start the construction of a public housing project. The government has plans to build a public housing project providing up to 1,000 units as well as a government service building on the plot of land where the
October 19, 2016 | BY admin
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Pearl Horizon buyers urge govt to ‘supervise’ Polytec
Pearl Horizon Condominium Owners United Association urged the government yesterday during a press conference to “supervise” the ill-fated residential project’s developer Polytec Asset Holdings (PAH) to prevent it from transferring the money collected from the sale of Pearl Horizon flats to the company’s new residential project known as “Lote T+T1” in Areia Preta‘Lote’ is Portuguese for ‘plot of land’.Addressing the press conference at the association’s office, its
October 19, 2016 | BY admin
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Mainlander assaults woman in hotel: police
The police arrested a man from the mainland on Monday on suspicion of sexually assaulting a woman in his hotel room, a Judiciary Police (PJ) spokesperson said yesterday.Speaking at a regular press briefing, the spokesperson identified the suspect as a 33-year-old jewellery trader surnamed Li.The spokesperson did not give any details about the woman.PLEASE READ THE FULL ARTICLE IN OUR PRINT EDITION.
October 19, 2016 | BY admin
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Typhoon pushes Lusofonia Festival to next week
The three-day Lusofonia Festival, which was due to kick off on Friday, will be postponed to next Friday due to Typhoon Haima, the Cultural Affairs Bureau (IC) said in a statement yesterday.The bureau is the organiser of the event. Typhoon Sarika skirted the city yesterday, but weather stations around the region forecast that Typhoon Haima would make a landfall in Guangdong on Friday. The IC statement said that due to the possible impact of Typhoon Haima and for the safety of
October 19, 2016 | BY admin
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21st MIF debuts partner country & city
The 21st Macau International Trade and Investment Fair (MIF) announced yesterday that it will have a partner country and a partner city for the first time, which will be Portugal and Beijing respectively. The annual event, once again themed “Co-operation – Key to Business Opportunities”, will be held from tomorrow until Saturday at the Venetian in Cotai. There will be around 1,600 exhibition booths and over 50 participating countries and regions, according to the
October 19, 2016 | BY admin
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Cage supervisor gives himself up after stealing HK$13 million chips: police
A local casino cage supervisor gave himself up to police on Monday as he had stolen chips worth HK$13 million from a casino where he worked, a spokesperson for the Judiciary Police (PJ) said during a special briefing yesterday.The PJ spokesperson said the suspect, surnamed Cheung, is a 31-year-old local resident who had been working as a cage supervisor for three to four years for a junket operator.According to the spokesperson, the suspect said he had stolen chips worth HK$2 million, HK$3
October 19, 2016 | BY admin
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Lawmakers reject universal suffrage motion
Lawmakers yesterday rejected a motion by grassroots lawmaker Antonio Ng Kuok Cheong to express a “wish” – his “wish” was that Chief Executive Fernando Chui Sai On would launch a political reform process for universal suffrage for the chief executive election in 2019.According to the Legislative Assembly Procedure Rules, lawmakers can present a motion to “express a wish”. Article 52 of the rules says that the “wishes” a lawmaker can express include congratulations, grief,
October 19, 2016 | BY admin
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Ex-Transport Bureau official gets 12 1/2 years for graft
The former chief of the Transport Bureau’s (DSAT) Division of Transport Management, Lou Ngai Wa, was sentenced yesterday to 12 and half years in prison, with a 36,000 pataca fine for his involvement in a public car park management corruption case which took place between 2012 and 2015.Lou was convicted of corruption, abuse of power and money laundering.The ruling was handed down by the Court of First Instance (TJB). A total of six defendants were sentenced. A vehicle of the Macau
October 18, 2016 | BY admin
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No.3 Strong Wind Signal is up
The Meteorological and Geophysical Bureau (SMG) hoisted the No.3 Strong Wind Signal at 10 p.m. yesterday.The signal was hoisted as Typhoon Sarika was 480 kilometres south-southwest of the city at 1 a.m. It was heading towards Hainan.According to the bureau’s website, the No.3 signal is expected to remain hoisted this morning.This image taken from the website of the Meteorological and Geophysical Bureau (SMG) at 1 a.m. today shows the projected trajectory of Typhoon Sarika heading towards
October 18, 2016 | BY admin
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Mainland’s foreign gaming crackdown worries industry
PARIS – Fashion icon Karl Lagerfeld announced yesterday he planned to launch his own branded hotel chain, with the first property set to open in Macau in 2018.The 83-year-old German-born designer has already collaborated with luxury Parisian address Le Crillon and the Metropole in Monaco, but the new business will see him and his company design entire hotels.Leading fashion houses from Dior to Diane von Fürstenberg have developed a lucrative side-business away from the catwalk by designing
October 18, 2016 | BY admin
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Reserves reach 467.2 billion patacas: official
The government’s current reserves amount to 467.2 billion patacas, Secretary for Economy and Finance Lionel Leong Vai Tac said in the legislature yesterday.The legislature returned from its summer recess yesterday, when Leong gave details of a report about the government’s implementation of its budget for last year.According to Leong, the government’s revenues stood at 116.1 billion patacas last year, 45.7 billion patacas – or 28.3 percent – less than 2014.Secretary for Economy and
October 18, 2016 | BY admin
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Woman nabbed for inventing robbery
A woman from the mainland was caught on Tuesday for lying about being robbed by a man in Rua do Terminal Marítimo, a spokesperson for the Judiciary Police (PJ) said during a regular briefing yesterday.According to the spokesperson, the female suspect, surnamed Mo, is a 35-year-old non-resident worker employed as a cashier in a supermarket.The spokesperson said that last Tuesday the suspect screamed and asked a police officer, who happened to pass by, for help, claiming that she had been robbed
October 18, 2016 | BY admin
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