An appeal by greyhound track operator Companhia de Corridas de Galgos Macau (Yat Yuen) has been denied by the Court of Second Instance, according to a release by the court. The case regards a concession originally granted to the greyhound track operator in 1989 for a two-storey building for dog breeding, with a 25-year concession contract and an implementation period of 24 months. The original contract expired November 30, 1990, while in 1993 the...
Organiser of MFE reported that more brands from Portuguese-speaking countries are taking part in the Expo
The MSAR’s foreign exchange reserves amounted to MOP159.2 billion (US$19.80 billion) at the end of June, up 4.3 per cent month-on-month, according to the preliminary estimation made by the Monetary Authority of Macao (AMCM). The foreign exchange reserves in June represented 11 times the currency in circulation, or 91.8 per cent of pataca M2 at the end of May. The pataca trade-weighted effective exchange rate index, according to AMCM data, dropped 1.17 points when compared to...
During the final arguments of the corruption case against local businessman Ng Lap Seng, the prosecution stated that the real estate developer was looking for fame and fortune when he looked to influence UN officials into creating a multibillion-dollar conference centre in the MSAR