News

The Macau Grand Prix Organizing Committee (MGPOC) held a press conference today (July 20) at the Macau Grand Prix Building to announce the race programme for the Suncity Group 64^th Macau Grand Prix which will be held from November 16-19 this year.
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Consumer Council conducted its latest ‘Supermarket price survey’ in July on 20 July for the implementation of Section 2b), Article 10, Law 4/95/M of 12 June. Surveyed locations included supermarkets in São Lázaro and São Lourenço Parishes.
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The Chairman of the Electoral Affairs Commission for the Legislative Assembly Election, Mr Tong Hio Fong, said the Commission had accepted fresh supporting material submitted by four teams wishing to contest the direct election, that previously had faulty paperwork.
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The Chairman of the Electoral Affairs Commission for the Legislative Assembly Election, Mr Tong Hio Fong, said the Commission had accepted fresh supporting material submitted by four teams wishing to contest the direct election, that previously had faulty paperwork.
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Chio Wan Long, a first-year student from the Department of Computer and Information Science, Faculty of Science and Technology, University of Macau (UM), recently won a bronze medal at WorldSkills Hong Kong 2017 - Mobile Robotics. Chio’s medal-winning robot was developed under the supervision of Associate Professor Vong Chi Man.
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The Macao Chinese Orchestra, under the auspices of the Cultural Affairs Bureau, will present the 2016-2017 season closing concert “Encounter with Chinese Music” on Friday, 21 July, at 8pm, at the Dom Pedro V Theatre. Tickets are now available at Macao Ticketing Network.
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Information from the Statistics and Census Service (DSEC) indicated that the business performance of the interviewed restaurants & similar establishments in May 2017 was less satisfactory than in April, with 46% of the establishments reporting a year-on-year growth in receipts, down by 6 percentage points from April. The corresponding proportions of Japanese & Korean Restaurants (25%) and Western Restaurants (35%) went down by 31 and 15 percentage points respectively, while the share of Chinese Restaurants (63%) went up by 5 percentage points. On the other hand, the proportion of establishments recording a year-on-year decline in receipts increased by 10 percentage points from April to 33%, with the corresponding proportions of Other Restaurants & Similar Establishments (41%), Local Style Cafes, Congee & Noodle Shops (31%) and Western Restaurants (30%) each growing by 10 percentage points.
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Consumer Council conducted its latest ‘Supermarket price survey’ in July on 18 and 19 July for the implementation of Section 2b), Article 10, Law 4/95/M of 12 June. Surveyed locations included supermarkets in Sé, Taipa and Coloane Parish.
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Macao has obtained a substantial rating in the Asia Pacific Group on Money Laundering (APG) Mutual Evaluation Report (MER) 2017 regarding the effectiveness of supervision, which is not a common achievement among jurisdictions worldwide being evaluated. According to the MER 2017, licensing controls are robust in the Macao gaming sector for both concessionaires/sub-concessionaires and junket promoters. Macao SAR Government is taking a more stringent approach towards licensing and the supervision of junket promoters which are also subject to enforceable AML/CFT requirements. The MER also states that Macao SAR Government has applied AML/CFT measures, including licensing and fit and proper test requirements to include junket promoters and their formal collaborators.
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Asia/Pacific Group of Money Laundering (APG), the international organization on Anti-Money Laundering and Terrorist Financing, on 19 July adopted the Mutual Evaluation Report (MER) of Macao SAR in its Annual Meeting which is being held in Colombo, Sri Lanka. Macao SAR obtains an outstanding result both in terms of the technical compliance of legal framework as well as the effectiveness in implementation of measures against money laundering, terrorist financing and proliferation financing. This 2017 APG/GIFCS Mutual Evaluation Report provides a solid and authoritative proof of Macao SAR’s strong efforts by both the public and private sectors in the prevention and fight against money laundering, terrorist financing and proliferation financing. The Macao SAR Government will continue its ongoing efforts in the stringent implementation of measures against money laundering and financing of terrorism.
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