Portal:Macau/Macau news
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2008-02-26 (Tuesday) In January Macau received over 2.3 million visitors, a rise of 16.3 percent as compared with January 2007, reported by the Statistics and Census Bureau in Macau. [1]
2008-02-25 (Monday) Macau-based LCC Viva Macau plans to double its Sydney - Macau frequency by the end of the year and may add Melbourne or Brisbane as a second destination. [2]
2008-02-22 (Friday) Britain have picked Macau for their 2008 Olympic training camp. Up to 250 British athletes, coaches and support staff will be based in the Chinese city ahead of the Beijing Games. [3]
2008-01-31 (Thursday) Ao Man Long, Macau's highest-level official ever convicted of corruption, was sentenced to 27 years in prison Wednesday for taking contract kickbacks in the construction boom. About US$31.13 million of his assets were ordered seized, and some of his properties confiscated. Ao was tried in the territory's highest court, the Court of Final Appeal, because of his seniority. It was not clear which court would be allowed to hear any appeal in the case.[4]
- The inflation rate in Macau in 2007 totaled 5.57 percent, after a rate of 5.2 percent in 2006, the region’s Statistics and Census Bureau said Monday. [5]
- Fed by a continuing influx of foreign workers and rapid economic growth driven largely by a gambling boom, resorts and entertainment, the demand for residential flats in Macau is set to exceed the number of units being built. [6]
- In 2007 Macau received over 27 million visitors or an annual increase of 22.7 percent. [7]
- The son of Macau Chief Executive Edmund Ho has been suspended from trading in Hong Kong securities for four months for disclosing restricted information to colleagues in March 2007. [8]
- Macau posted a trade deficit of 20.68 billion patacas in the first 11 months of 2007, according to official statistics. [9]
- Unemployment rate in Macau dropped to a ten-year low (i.e. 2.9%) for the period September to November 2007, according to figures released by the Statistics and Census Service. [10]
- The Israeli Diamond Industry will participate in full force at the Macau Jewelry and Watch Fair, which will take place for the first time on January 10-13, 2008 at the Cotai Strip Convention and Exhibition Center at the Venetian Macao. [11]
- Hong Kong - based investment company Emperor International Holdings is to acquire a commercial property in Avenida da Praia Grande; a central commercial area in downtown Macau, for HK$430 million. [12]
