29.7 C
Macau
Tuesday, September 26, 2017
Global Finance publication salutes Macau. Factoring in various metrics to rank the MSAR third richest territory in the world. Thanks to the bounce-back in gaming revenues. Just after Qatar and Luxembourg. GDP and purchasing power were the primary considerations.

Art profits

Local artists believe increasing copyright awareness will help the local industry improve its revenues and sustainability

An expensive affair

Joseph Lau to marry girlfriend; ex-girlfriend says she won’t sue
Macau Association of Composers, Authors & Publishers grossly misreports royalties collected – stating it collected MOP80,000 more than it did
As social media apps and websites continue to multiply, one that dropped off the radar has returned, with Chinese micro-blogging site Sina Weibo seeing a 33 per cent yearly increase in its monthly active users in 2016, according to...
Discontent kicks off the year. With 1,600 citizens taking to the streets to protest new transportation penalties. Drastically increased since Jan. 1. Clamping and towing of vehicles should not be a “business,” says Legislator Coutinho. While Legislator Ng calls the scheme a “farce” concocted to distract from Administration failings.
Joseph Lau is listed in a top 100 global rich list despite the fact that he has transferred Chinese Estates shares to his children

Open the door?

Opinions are polarised on whether the city should be more open to non-resident workers
Up to MOP500,000 in financial support for each candidate. Providing solutions and applications for developing the MSAR into a Smart City. Macau Science and Technology Fund is seeking projects involving transport, tourism, medical treatment and gov’t. Proposals are expected to harness the Cloud, mobile apps, e-commerce, mobile payments and the Internet of Things.

Jobs as usual

The latest figures on the local job market confirm a steady situation. Unemployment increased just slightly, showing a rosy picture. However, the completion of massive construction projects on the Cotai strip meant fewer workers were employed in the sector.
A restaurant located in the old neighbourhood of Taipa demonstrates how food and culture come together in one place

Protecting minors

Legislators agree on the introduction of two new crimes in the Penal Code: the solicitation of underage prostitution, and the production and use of child pornography
Smoking lounges can be maintained in casinos. Following implementation of the full-smoking ban bill. Despite the fact that the original bill features zero rooms. Changes reflect gaming operators’ proposed ‘high-standard’ cubicles. With a survey claiming 60 pct of casino workers acquiesce.
Permanent residents of the two Special Administrative Regions not born in the cities can now apply for a single entry permit to Taiwan via an online system operated by the Taiwanese National Immigration Agency, the Taipei Economic and Culture...
The organisers strive to continue to bring recognition to individuals’ and organizations’ contributions to society, hosting an event rewarding their efforts
The city’s Secretary for Economy and Finance said the government hopes to conduct public consultations to revise the city’s current labour law this year
Construction near heritage sites, urban planning, transportation planning and creating jobs in this field, will all be necessary to preserve the city’s heritage classification. Otherwise, the city risks putting itself ‘in danger’ or being de-listed from UNESCO’s list, heritage expert Sharif Shams Imon tells Business Daily. Not only informing and encouraging public participation, but also counting on experts will be necessary measures to implement.
The MSAR ranks 11th in Asia and 37th worldwide according to a survey on English proficiency conducted by international education company EF Education First
Sports Fund splashes out MOP208.33 million in financial support in 2016
With the resignation of the former director of the International Film Festival & Awards (IFFA), Marco Müller on November 13, the organizer of the event – Macau Films & Television Productions and Culture Association (MFTPA) – has announced it...
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