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Macau
Tuesday, May 30, 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
Macau Association of Composers, Authors & Publishers grossly misreports royalties collected – stating it collected MOP80,000 more than it did
The decrease in population is due to a decline in non-resident worker numbers
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.
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
Sports Fund splashes out MOP208.33 million in financial support in 2016
The MSAR ranks 11th in Asia and 37th worldwide according to a survey on English proficiency conducted by international education company EF Education First

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.
A total of 21 illegal works were found and arrested by authorities in January 2017, according to the most recent data presented by the Public Security Police Force (PSP). The data reveals there was a 57 per cent month-to-month reduction in the...
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...
Joseph Lau is listed in a top 100 global rich list despite the fact that he has transferred Chinese Estates shares to his children
China will host a TCR China Series in 2017, of which an invitational non-championship race will take place in the MSAR on November 19, according to the official website of TCR International Series. The championship will be organised in partnership...
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...
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
The total number of workers in the construction field declined by 8.2 per cent from September to November
The legislator hopes the bill can be discussed in the legislature this year
Hotel Royal and the Ritz-Carlton have confirmed to Business Daily that they received a bomb-threat e-mail last week, believed by the local Judiciary Police (PJ) to be “prank”. The PJ said last Friday that it received a report from a...
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