Dongzhi Festival or Winter Solstice Festival

Dongzhi Festival or Winter Solstice Festival

Dongzhi Festival or Winter Solstice Festival or The Extreme of Winter is one of the most important festivals celebrated by the Chinese and other East Asians during the dongzhi solar term on or around December 21 when sunshine is weakest and daylight shortest; i.e., on the first day of the dongzhi solar term. The seasonal significance of the winter solstice is in the reversal of the gradual lengthening of nights and shortening of days.

The coming of winter is celebrated by families and is traditionally the time when farmers and fishermen gather food in preparation for the coming cold season. It is also a time for family reunions.

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President Xi drives home diversification message

President Xi Jinping has urged Macau to make its economy more diverse and develop it sustainably.

Mr Xi visited the city at the weekend for the celebration of the 15th anniversary of the restoration of Chinese rule.

He said in his speech that diversification and sustainable development should be based on Macau’s roles as a global centre for tourism and leisure, and as a place where China and Portuguese-speaking countries do business.

“Macau needs to enhance top-level planning and specify concrete steps and measures for progress,” Mr Xi said.

“It needs to follow a two-pronged approach, improving its own ability to develop while strengthening regional co-operation.”

via. http://www.macaubusiness.com/

Chui to give orderly economic adjustment priority

Chief Executive Fernando Chui Sai On has said his government will give priority to stable development and orderly adjustment of the economy.

Mr Chui said so at the ceremony at the weekend to inaugurate his second term in office.

Later, at a party to celebrate the 15th anniversary of the restoration of Chinese rule in Macau, he said his government was committed to “putting people first”, “scientific decision-making” and taking full advantage of the one country, two systems principle.

“Expediting adequate economic diversification, strengthening the legal system, enhancing awareness of the law and improving administrative efficiency will be at the top of the policy agenda of the government in the five years ahead,” Mr Chui said.

via. http://www.macaubusiness.com/

November inflation hovers above 12-month average

The annual rate of consumer price inflation was 6.12 percent last month, official data indicate.

The Statistics and Census Service says higher rents for housing, pricier meals in restaurants and costlier health care were the main causes.

The annual rate of housing and fuel price inflation was 11.75 percent, the annual rate of food and non-alcoholic drink price inflation was 6.3 percent and the annual rate of health cost inflation was 5.42 percent.

The average annual rate of consumer price inflation in the 12 months ended November was 6.09 percent.

via. http://www.macaubusiness.com/

Li Can Feng appointed public works bureau director

Li Can Feng has been appointed director of the Land, Public Works and Transport Bureau for one year, the Official Gazette says.

Mr Li served as deputy director of the bureau from 1998 to July 2008.

He resigned in July 2008 after giving evidence in one of the trials of Ao Man Long – evidence that failed to satisfy the judge.

Ao was subsequently convicted of corruption while he was public works secretary.

via. http://www.macaubusiness.com/

Shareholders agree to rename Sinogreen Energy Intl

The shareholders of Sinogreen Energy International Group Ltd have unanimously agreed to change the company’s name to Jimei International Entertainment Group Ltd.

The company told the Hong Kong Stock Exchange that an extraordinary general meeting had also approved the re-election Jack Lam Yin Lok and Hung Ching Fung as executive directors.

Mr Lam runs the Jimei group, which operates gambling junkets to Macau. He took over Sinogreen Energy International in September.

via. http://www.macaubusiness.com/

Dearth of trained workers hampers restaurants

A prominent instructor in the restaurant business says the food and drink industry is growing so strongly that it has trouble finding enough formally trained manpower, Business Daily reports.

The newspaper quotes Clarence Pan, the director of the Macau University of Science and Technology’s training restaurant, as saying Macau has only two programmes giving training in the restaurant business.

Mr Pan said in an interview that the city’s food and drink industry would benefit if importing qualified migrant workers was simpler.

via. http://www.macaubusiness.com/

THE BUZZ: US seeks China’s help after cyberattack

Macau Daily Times feed

The United States is asking China for help as it weighs potential responses to a cyberattack against Sony Pictures Entertainment that the U.S. has blamed on North Korea. A senior Obama administration official says the U.S. and China have shared information about the attack and that the U.S. has asked for China’s cooperation. The official […]

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World Briefs

Macau Daily Times feed

AUSTRALIA Tony Abbott, Australia’s prime minister, yesterday reshuffled his cabinet and pledged to reset his government with a renewed focus on the economy in a bid to tackle a slump in poll ratings. Fifteen months into a three-year term in office, Mr Abbott sacked defense minister David Johnston, and promoted immigration minister Scott Morrison to the post of minister of social […]

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A forgotten dictator | Panama’s Noriega in prison 25 years post-invasion

Macau Daily Times feed

Former Panamanian dictator Manuel Noriega is nearly forgotten, languishing in a steamy jungle prison near the interoceanic canal while the country enjoys democracy and economic prosperity a quarter-century after the strongman was toppled by a U.S. military invasion. The U.S. intervention known as Just Cause began 25 years ago on Saturday, on Dec. 20, 1989, […]

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President visit | Day 1 : ‘Be prepared before the rainy days come,’ Xi says

Macau Daily Times feed

It’s been nearly five years since state leader Xi Jinping’s last visit to Macau, when the city was engulfed in the global financial crisis. Today, the gambling hub has survived and thrived, but it is at another critical juncture. When meeting with MSAR’s top government officials, lawmakers, political leaders and dignitaries last Friday, president Xi […]

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