More than one rally which were originally planned to be staged on May 1 demanding measures to tackle illegal workers as well as soaring living costs could be called off after the Chief Executive announced the two-billion pataca subsidy for Macau residents on Tuesday, reports Macau Daily Times.
According to lawmaker and chief member of the New Macau Association, Au Kam San, the latest government announcement of distributing a one-time 5,000 pataca or 3,000 pataca subsidy to every permanent and non-permanent resident in July did “cool down the May 1 rally sentiment”.
The Chief Executive, Mr Edmund Ho Hau Wah, said he believed that the verdict passed today by the Court of Final Appeal on Ao Man Long, a former official, was just.
This was the CE reaction to the news that 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 that’s turning the Chinese gambling enclave into a Las Vegas-style vacation destination.
The MSAR Government would resolutely devote all of its efforts to bring even better quality of life to its residents, and to ensure the long-term stability of the SAR.
These pledges were asserted today by the Chief Executive, Edmund Ho Hau Wah, when he spoke to the press after meeting President Hu Jintao and Premier Wen Jiabao on his annual duty visit to Beijing.
For forty years, one man, Stanley Ho, enjoyed a monopoly to run mega casinos in Macau. That monopoly was brought to an end five years ago by the Chinese government.
The Macau authorities have since been anxious to clean up the industry and attract more sophisticated western operators. In the past, the casino industry was dogged by a very unsavoury reputation, was tainted by organised crime, the occasional shooting and gang warfare that the Portuguese colonisers seemed ill-equipped to handle.
Motor World Macau, a luxury and super-car show, will be held from 16 -18 November 2007 at the recently opened Venetian Macao Convention & Exhibition Centre. The show will take place simultaneously with the 54th Macau Grand Prix. Over 20 prestigious vehicle brands have already confirmed their participation and together these brands will showcase more than 70 vehicles at the event’s debut.
Motor World Macau will feature high performance vehicles including luxury sports utility cars, super cars and professional racing cars. Many of the leading brands including Alfa Romeo, Audi, Bentley, BMW, Bugatti, Citroen, Daihatsu, Ferrari, Ford, Jaguar, Lexus, Maserati, Maybach, Mazda, Mercedes-Benz, Mini Cooper, Mitsubishi, Peugeot, Porsche, Rolls-Royce, Subaru, Toyota and Volkswagen, have confirmed to exhibit at the fair. Motor sports events and services, racing clubs and teams, motor products as well as motor education and training are also among the exhibit scope. The show is open to the public all three days.
Chief Executive Edmund Ho Hau-wah said yesterday he had produced documents proving he had disposed of his interest in gaming magnate Stanley Ho Hung-sun’s casino empire four years before assuming his current office.
The top official in the world’s largest gaming market was responding to a report in Monday’s South China Morning Post, that revealed a paper trail of corporate filings showing the chief executive and two brothers shared an interest in Stanley Ho’s gaming, property and shipping businesses via their 3.3 per cent stake in a Hong Kong firm called Many Town Company Limited.
April 28, 2008
Posted in Economy, Edmund Ho, Employment, Macau General, Macau Government, Social and Politics 
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