Cherry Fung, country manager for Hong Kong, Macau and Mongolia for cyber security firm Fortinet, says the demand for cyber security services in the Hong Kong market this year will drive the sector’s market value up 8.75 per cent, to MOP87 million, according to Hong Kong IT industry analytic website Unwire.pro. The county manager predicted that the demand for 2018 would further increase by 7 to 8 per cent. Last month the ‘ransomware’ cyber attack –...
Fong Son Kin, chairman of the Industrial Association of Macau (IAM), said the government could include more industries in industrial categories such as software development, movie making and photography studio. The comments came during TDM radio programme Macao Forum. Fong said the categories for industrial usage should be revised to suit current economic development in order to assure the full utilisation of industrial buildings. The government proposed the rejuvenation scheme for industrial buildings in 2011. However, due...
Housing units in the pipeline were up 7.7 pct in Q1. With 503 new units obtaining licences, a 304 pct y-o-y uptick. The Peninsula will continue to supply the most new-builds, 85 pct of which will be smaller than 75 sq. m. While Taipa and Coloane focus on larger units. For public housing, the gov’t promises to open a new tender this year for units currently in the pipeline - but with no promises on division between economic and social housing.
The local anti-graft body, the Commission Against Corruption (CCAC), has reiterated that gaming operators must not help promote any given candidate or list of candidates for the upcoming Legislative Assembly elections. The affirmation comes after a meeting held at the end of May in which the Gaming Co-ordination and Inspection Bureau (DICJ) met with representatives of the six operators and four junket promoters. The chairman of the CCAC noted the oversight body had “given instructions...
Would it be possible to convert Avenida Almeida Ribeiro into a pedestrian area? Several departments of the Macau SAR Government are sceptical, if not completely silent upon the matter. People who work in San Ma Lou and those with expertise in urban planning say anything could be done. But with no decision taken, the street is literally falling apart