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Residential mortgage approvals slump by nearly 60 percent in October
New residential mortgages approved by Macao banks in October fell by a whopping 57.4 percent month-on-month to 1.3 billion patacas The post Residential mortgage approvals slump by nearly 60 percent in...
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Macao’s digital pataca prototype is ready for testing
When released, the virtual currency will be legal tender and will be available in the form of a physical card or as a mobile app The post Macao’s digital pataca prototype is ready for testing appeared...
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There are two official theme songs for the Macao SAR’s 25th anniversary
Both songs were released earlier this week, with one of them produced locally and another released by CCTV The post There are two official theme songs for the Macao SAR’s 25th anniversary appeared...
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Trade between Macao and mainland China has grown exponentially
Macao-mainland trade grew by more than four-fold between the establishment of the SAR in 1999 and 2023, when US$3.84 billion in trade was registered The post Trade between Macao and mainland China has...
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President Xi Jinping is visiting Macao next Wednesday
The Chinese leader will be in Macao for three days from 18 to 20 December to inaugurate Macao’s new leader Sam Hou Fai and to conduct an inspection tour of the city The post President Xi Jinping is...
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A UK vicar ruined Christmas for children by telling them Santa isn’t real
Reverend Dr Paul Chamberlain issued an apology to parents and children for his remarks on Santa Claus during a talk on the birth of Jesus The post A UK vicar ruined Christmas for children by telling...
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Appliance maker Midea inaugurates its first wholly owned factory in Brazil
The Pouso Alegre site has a production capacity of 1.3 million units annually and follows sustainability and innovation standards set by the World Economic Forum The post Appliance maker Midea...
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MGM premieres its new Macau 2049 show
Created by Chinese director Zhang Yimou, the production is billed as a ‘virtual trip around China’ and a celebration of the country’s culture and customs The post MGM premieres its new Macau 2049 show...
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Francis Lui has been appointed as the new chairman of Galaxy Entertainment Group
Lui has taken over from his father, Galaxy Entertainment Group’s founder Lui Che Woo, who died last month at the age of 95 The post Francis Lui has been appointed as the new chairman of Galaxy...
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Sam Hou Fai has announced his Executive Council appointees
The incoming chief executive has picked six newcomers to help him with policymaking during his term in office, their backgrounds ranging from academia to banking The post Sam Hou Fai has announced his...
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Macao is bolstering security measures ahead of President Xi’s visit
Strict security arrangements are in place at Macao’s various entry points, as the city prepares to welcome President Xi Jinping for his first visit since 2019 The post Macao is bolstering security...
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Macao’s new Kam Pek food hall holds its soft opening
The Kam Pek Market currently houses eight food and beverage stalls on the ground floor, with more restaurants set to open on the first floor next month The post Macao’s new Kam Pek food hall holds its...
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Macao’s gross domestic product is expected to grow by 5 percent in 2025
Initial forecasts suggest the city’s GDP next year will hit 420 billion patacas or almost 91 percent of the total recorded in 2019 The post Macao’s gross domestic product is expected to grow by 5...
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Air quality monitoring in the US favours whiter communities, a study finds
A review of monitor locations revealed gaps in data collection, with less known about the impact of pollution on communities of colour The post Air quality monitoring in the US favours whiter...
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Brazilian planemaker Embraer inks landmark deal with Portugal
Lisbon’s acquisition of 12 A-29N Super Tucanos marks Embraer’s first sale of the turboprop in Europe The post Brazilian planemaker Embraer inks landmark deal with Portugal appeared first on Macao News.
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The 2024 Autumn Salon launches with more than 200 works on display
Pieces by local artists are on show at the Parisian Macao in a variety of media, from oil painting and watercolour to sculpture, photography, video, and installation art The post The 2024 Autumn Salon...
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China’s industrial output grew in November
The key economic indicator beat expectations to expand by 5.4 percent year-on-year, according to the latest data The post China’s industrial output grew in November appeared first on Macao News.
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Nearly 850 people have been arrested so far in the currency exchange crackdown
Operations against illicit money exchange activity at Macao’s casinos has led to the dissolution of 263 syndicates to date, law enforcement officials say The post Nearly 850 people have been arrested...
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Legislators pass a bill establishing Macao’s first tax code
The legislative framework covers legal relationships, administrative procedures, judicial proceedings and enforcement related to tax The post Legislators pass a bill establishing Macao’s first tax...
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Macao pushes ahead with preparations for President Xi’s visit tomorrow
The Marine and Water Bureau says that it has stepped up patrols in local waters and is conducting inspections of vessels and anchorages The post Macao pushes ahead with preparations for President Xi’s...
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