MAY25 F or the first time in its 17–year existence, the government’s Wealth Partaking Scheme – which distributes cash handouts to residents yearly – has been amended. Following public outcry that the government should use public funds more wisely and allocate them only to those residing full time in Macau, the Executive Council (ExCo) yesterday presented a new version of the scheme that includes a provision excluding those who did not stay in Macau for at least 183 days in 2024. As the Secretary for Administration and Justice and spokesperson for the ExCo, André Cheong noted during a press conference at Government Headquarters, there are eight exceptions to the “183 days” rule. These include: those who have not reached 22 years of age by Dec. 31, 2024, with at least one eligible parent for the handout; those receiving disability or subsidy allowances as of Dec. 31, 2024; those abroad enrolled in tertiary education programs; and those hospitalized abroad; those over 65 living in ma...
OUT24 cCRITICAS PASSADO Macao’s casinos should host more residency shows, Sam Hou Fai said at a town hall meeting on Saturday – describing them as an opportunity to boost the city’s appeal to international tourists. He was speaking before a local audience whose attendance had been determined by random draw. According to a media report , the presumptive Chief Executive – and sole candidate running in the SAR’s upcoming election – noted that a UK pop star, understood to be Adele, recently rejected a residency offer worth around US$200 million from one of Macao’s six concessionaires. [ See more: Sam Hou Fai goes on his first community walkabout as presumptive CE ] “While she turned down the offer to take care of her family and children, could we not continue to promote something like this to make it a long term operation?” he said, arguing that such residencies could be an effective drawcard for the city. Sam reportedly added that his administration would “take a serious...
ab25 The idea of university–industry partnership is a good one raised by Sam, but this requires authorities and leaders from all Macau universities to sit down and discuss with the government and private-sector corporations of not only Macau but also the mainland, notably those in the Greater Bay Area, how scientific research will be conducted, how Chinese medicine will be “westernised” and advanced further through innovative research, and how new patents will be developed in the South China region. Furthermore, Sam Hou Fai has encouraged Macau’s casino concessionaires to invest in the In-Depth Cooperation Zone, but the details will have to be delineated so that the mobilisation of private-sector corporations will be truly effective in Macau’s quest for economic diversification. Eighth, given that a huge portion of Macau’s revenues still comes from the gaming industry, casino capitalism will remain the mainstay of the local economy. As such, it is wise for Sam Hou Fai’s policy address ...
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