Ching Ming Festival

Ching Ming Festival is one of the 24 segments in Chinese calendar.   It normally falls on the 4th or 5th of April because it’s depended on the Cold Food Day (105 days after previous year’s winter solstice).  In the old days, Ching Ming was celebrated 3...

Galaxy Macau Phase II table quota up in the air

The government is still considering how many gaming tables it will allow in the second phase of the Galaxy Macau casino-resort in Cotai, Secretary for the Economy and Finance Lionel Leong Vai Tac has said. The HK$19.6 billion (about US$2.5 billion) Galaxy...

Q1 company incorporations increase to 1,455

The number of companies newly incorporated in the first quarter of this year was 1,455, or 329 more than a year earlier, official data indicate. Their combined registered capital is MOP157 million (US$19.7 million), 17 per cent less than the registered capital of...

M2 measure of money supply falls 0.8 pct in March

The M2 measure of money supply, or currency in circulation and quickly available deposits in banks, increased by 0.8 per cent in March to MOP477.6 billion (about US$59.7 billion), the Monetary Authority of Macau says. The narrower M1 measure, limited to notes and...

Statistics and Census Service adds to data sets

The Statistics and Census Service intends to begin publishing this year or next new sets of data, according to its director, Paul Ieong Meng Chao. Mr Ieong told reporters that one set would cover investment by Macau enterprises in the mainland. He said others would...

Govt soon to begin ‘streamlining’ administration

The government will begin this year putting into effect Chief Executive Fernando Chui Sai On’s call for the “streamlining” of the administrative system, Public Administration and Civil Service Bureau chief Kou Peng Kuan has said. Mr Kou said in a written reply to an...

Paternity leave legislation work may begin shortly

Secretary of the Economy and Finance Lionel Leong Vai Tac expects the process of legislating for universal paternity leave to begin this year. Mr Leong said on TDM radio that the government was thinking about how many days of paternity leave per birth it should...

Table Tango

Rumours speak of 150 new-to-market gaming tables. But neither Galaxy Entertainment Group nor the gov’t are yet showing their hand. Galaxy Macau Phase II opens May 27. read...

Trust test

Health related institutions. Public services. Financial institutions. The common denominator is the trust they engender. These sectors generate more credibility with high school and university students. Credit institutions are deemed least trustworthy. read...