Forex reserves rise to US$23.7 billion in June

Macau’s foreign exchange reserves amounted to 189.6 billion patacas (US$23.75 billion) at the end of June, the Macau Monetary Authority said in a statement yesterday.According to the statement, the forex reserves rose 3.5 percent month-on-month.The foreign exchange reserves at the end of June represented 10 times the currency in circulation, or 85.4 percent of pataca M2 at the end of May.The trade-weighted effective exchange rate index for the pataca dropped 1.25 points month-on-month, but

July 16, 2020 | BY admin

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Group urges govt to complete ‘Protection & Management Plan of the Historic Centre of Macau’

A representative from the Concern Group for the Protection of the Guia Lighthouse, Chan Tak Seng, urged the Cultural Affair Bureau (IC) yesterday to complete the government’s preparations for the “Protection and Management Plan of the Historic Centre of Macau”.  Chan made the remarks outside the IC headquarters in Praça do Tap Seac, before a meeting between the group and officials of the Secretary for Social and Cultural Affairs in the building. According to a statement

July 16, 2020 | BY admin

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Drunken Filipino rapes friend’s wife

A local Filipino was arrested late last week for raping his friend’s wife after getting drunk, Judiciary Police (PJ) spokesman Leng Kam Lon said during a regular press conference yesterday. The 38-year-old suspect surnamed Habana, a Macau ID holder, told the police he works as a kitchen helper. According to Leng, the victim in her twenties and her husband, both local residents, reported the case to the police last Friday. The victim told the police that her husband invited the

July 16, 2020 | BY admin

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5 ‘buckles’ showcase 3 ‘rings’

A joint exhibition entitled “Three Rings and Five Buckles” is displaying five local artists’ creations at the Youth Art Exhibition and Performance Hall.The five artists are fresh graduates from the Macau Polytechnic Institute’s (IPM) School of Arts, namely Chan Wai San, Chan Weng Cheng, Cheong Wan I, Chio Weng Chong and Lau Wai Man, according to online information provided by the Education and Youth Affairs Bureau (DSEJ).The exhibition is named “Three Rings and Five Buckles” because

July 16, 2020 | BY admin

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Guangdong quarantine lifting won’t cause COVID-19 rebound: govt

The Macau government said yesterday it believes that today’s lifting of Guangdong’s 14-day quarantine requirement for all arrivals from Macau will not cause the COVID-19 epidemic in the two regions to rebound.The Macau government yesterday also urged local residents to refrain initially from visiting Guangdong unless necessary as the new measure has just started.Alvis Lo Iek Long, a clinical director of the public Conde de São Januário Hospital Centre made the remarks during a special

July 15, 2020 | BY admin

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IPM to hold virtual seminar on Public Policy in the Practice of ‘One Country, Two Systems’

The Macao Polytechnic Institute (IPM) said in a statement yesterday that it will hold a virtual seminar on “Public Policy in the Practice of ‘One Country, Two Systems’” next week.The statement noted that this year is “a new historical starting point” for the Macau Special Administrative Region (MSAR).“The problem of how to meet the new opportunities and respond to the new challenges in the new era, and how to understand and implement the ‘One Country, Two Systems’ policy in a

July 15, 2020 | BY admin

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PATA features MGTO as destination partner in Dream to Travel Festival

MGTO Director Maria Helena de Senna Fernandes (upper left corner of the image) takes part in yesterday’s virtual meeting organised by PATA. Photo: MGTO The Macau Government Tourism Office (MGTO) said in a statement yesterday that it was invited to spotlight Macau’s “destination glamour through a fun-filled programme” as a destination partner featured in the final week (July 13-17) of the Dream to Travel Festival, a virtual event launched by the Pacific Asia Travel Association

July 15, 2020 | BY admin

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Unlock the door to opportunity

Commentary by Fan Gang* Only through further opening-up its economy can China boost its global competitivenessThe remarkable achievements China has made over the past four decades in institutional reform and economic development is a result of its opening-up policy and the development of its export-oriented economy.Opening its economy enabled China to give its productive forces full play, and to export labor-intensive products in exchange for urgently-needed machines and technologies.

July 15, 2020 | BY admin

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Snapshots of daily life as city tackles COVID-19

People jog in Sai Van overlooking the Macau Tower Convention and Entertainment Centre. A worker sweeps the floor of a footbridge at the Outer Harbour Ferry Terminal as his workmate looks on. Children, none of them wearing a facemask, play in front of A-Ma Temple.A children’s car is dumped next to dustbins in a residential area in Small Taipa Hill.Photos taken earlier this week by Monica Leong and Camy Tam

July 15, 2020 | BY admin

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Indonesian woman’s necklace robbed by male compatriot: police

An Indonesian woman’s gold necklace was robbed by a male compatriot who used a chokehold on her, Judiciary Police (PJ) spokesman Leng Kam Lon said during a regular press conference on Monday.According to Leng, two Indonesian women, who both work as domestic helpers and are in their thirties, were walking along Estrada de Adolfo Loureiro in San Kio district at around at 8:30 p.m. on Sunday, when a man suddenly attacked one of them from behind. The other woman tried to help her friend but the

July 15, 2020 | BY admin

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Jobless man steals drunken man’s belongings worth 112,000 patacas

A jobless man was arrested on Monday for stealing a drunken man’s belongings worth about 112,000 patacas, Judiciary Police (PJ) spokesman Leng Kam Lon said in a special press conference yesterday. The 33-year-old local suspect surnamed Kam told the police that he is unemployed.According to Leng, a man reported to the police on April 21 that his valuables had been stolen when he was drunk and sleeping on the roadside. The victim said he was drunk after visiting a karaoke bar in the city

July 15, 2020 | BY admin

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Libraries show winning creations of World Book Day contest

Winners’ creations for this year’s “4.23 World Book Day Creative Competition” in Macau are on display from this month until September in the city’s public libraries.The World Book Day has been held annually on April 23 since 1995.Macau, Hong Kong and Guangdong took part in the contest.April 23 (4.23) was chosen by UNESCO because it was the birth or death date of many famous writers around the world including Miguel de Cervantes and William Shakespeare.The event is co-organised by the

July 14, 2020 | BY admin

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HK confirms 40 more local COVID-19 cases

HONG KONG - Hong Kong's  Centre for Health Protection (CHP) confirmed 40 more local COVID-19 cases today – more than half of which were infected via unknown sources.CHP spokeswoman Dr Chuang Shuk-kwan told a regular press conference that 24 newly-confirmed infections of unknown source came from across the city. She said the trend was "very worrying".They include a couple who live in Ngau Chi Wan, a stall owner at the Pei Ho Street market in Sham Shui Po, along with another

July 14, 2020 | BY admin

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In memoriam U Tak Hon

It is with great sadness that we inform our readers, advertisers and distributors of the passing of our dear friend, business partner and colleague U Tak Hon who passed away on July 8. He had been our team’s prime mover since the launch of this newspaper nearly 16 years ago. His exceptional knowledge, wisdom, acumen, experience, camaraderie and, last but not least, humour will be dearly missed. He was both an indomitable journalist and a profound patriot for whom the “One China” and

July 14, 2020 | BY admin

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