Trade Policy Review Mechanism Macau
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The International Legal Personality of Macao' 24 Hong Kong Law Journal 328-341
ANALYSIS The International Legal Personality of Macau Introduction The question of international legal status/personality1 is increasingly difficult to answer with a degree of precision since the relevance of traditional criteria and symbols of statehood is diminishing in a global environment characterised by the proliferation of not-readily-definable entities which clamour for recog nition as autonomous political units.2 The requirements of 'a permanent population; a defined territory; govern ment; and capacity to enter into relations with other States'3 — which are accepted by international lawyers as 'customary international law' — by no means represent sufficient4 or even necessary3 qualifications of statehood. Clearly, the less legalistic symbols of statehood, such as kings/presidents, armies, central banks, currency, or passports, offer no reliable yardsticks.6 Nor for that matter is membership in the United Nations particularly instructive in respect of the key distinguishing attributes of statehood. Current members include Carribbean pinpoints such as Saint Christopher and Nevis or Saint Lucia, as well as other microentities like Vanuatu in the Pacific or San Marino in Europe — but not Taiwan.7 Neither is the UN practice with regards to admission — including the implementation of stipulated8 requirements 'International legal personality' is broadly defined in terms of the capacity to exercise international rights and duties. The International Standards Organisation, which assigns two-letter codes for country names, has 239 on -
Executive Summary Macau Became a Special Administrative Region
Executive Summary Macau became a Special Administrative Region (SAR) of the People's Republic of China (PRC) on December 20, 1999. Macau's status, since reverting to Chinese sovereignty, is defined in the Sino-Portuguese Joint Declaration (1987) and the Basic Law, Macau's constitution. Under the concept of “One Country, Two Systems” articulated in these documents, Macau enjoys a high degree of autonomy in economic matters, and its economic system is to remain unchanged for fifty years. The Government of Macau (GOM) maintains a transparent, non-discriminatory, and free-market economy. The GOM is committed to maintaining an investor-friendly environment. In 2002, the GOM ended a long-standing gaming monopoly, awarding two gaming concessions to consortia with U.S. interests. This opening has encouraged substantial U.S. investment in casinos and hotels, and has spurred exceptionally rapid economic growth over the last few years. Macau is today the undisputed gaming capital of the world, having surpassed Las Vegas in terms of gambling revenue in 2006. U.S. investment over the past decade is estimated to exceed US$10 billion. In addition to gaming, Macau is positioning itself to be a regional center for incentive travel, conventions, and tourism. The American business community in Macau has continued to grow. In 2007, business leaders founded the American Chamber of Commerce of Macau. 1. Openness to, and Restrictions Upon, Foreign Investment Macau became a Special Administrative Region (SAR) of the People's Republic of China (PRC) on December 20, 1999. Macau's status, since reverting to Chinese sovereignty, is defined in the Sino-Portuguese Joint Declaration (1987) and the Basic Law, Macau's constitution. -
An Analysis of the Sustainable Development of Macau Associations Lou Shenghua (Pp
Administração n.º 100, vol. XXVI, 2013-2.º, 539-543 539 Challenge and Reform: An Analysis of the Sustainable Development of Macau Associations Lou Shenghua (pp. 379) In social and political sense, Macau can be referred to as “an associa- tional society”. Since its handover to China, Macau has witnessed a rapid growth in the quantity and density of well-structured and multi-function associations. Unlike general non-profit organizations, associations in Macau are indispensable components of the society. However, the development of as- sociations in Macau is facing increasing challenges due to drastic changes in Macau’s political, economic and social environment. In order to develop in a sustainable way in the future, Macau associations need to reform in the fol- lowing aspects: repositioning and improving service to a professional standard, reinforcing their internal democratic management and institution building, attracting and cultivating more talents, strengthening self-discipline, and en- hancing transparency and credibility. A Review of the Implementation and Planning of Macau Public Finance in Recent Years Chua Yee Hong (pp. 403) Macau’s rapidly growth rate in this decade has attracted great attention of other Asian countries. Its per capita GDP has arisen from $15,987 in 2002 to $66,311 dollars in 2011. As a highly opening-capitalism economy, Macau is facing several limitations due to the regional economic conditions and the volatility of international raw material price. Meanwhile Macau’s relationship with Hong Kong and Mainland China is even closer, with closer exchange rate policy and monetary policy toward Hong Kong and economic policy toward Mainland China. -
The Globalization of Chinese Food ANTHROPOLOGY of ASIA SERIES Series Editor: Grant Evans, University Ofhong Kong
The Globalization of Chinese Food ANTHROPOLOGY OF ASIA SERIES Series Editor: Grant Evans, University ofHong Kong Asia today is one ofthe most dynamic regions ofthe world. The previously predominant image of 'timeless peasants' has given way to the image of fast-paced business people, mass consumerism and high-rise urban conglomerations. Yet much discourse remains entrenched in the polarities of 'East vs. West', 'Tradition vs. Change'. This series hopes to provide a forum for anthropological studies which break with such polarities. It will publish titles dealing with cosmopolitanism, cultural identity, representa tions, arts and performance. The complexities of urban Asia, its elites, its political rituals, and its families will also be explored. Dangerous Blood, Refined Souls Death Rituals among the Chinese in Singapore Tong Chee Kiong Folk Art Potters ofJapan Beyond an Anthropology of Aesthetics Brian Moeran Hong Kong The Anthropology of a Chinese Metropolis Edited by Grant Evans and Maria Tam Anthropology and Colonialism in Asia and Oceania Jan van Bremen and Akitoshi Shimizu Japanese Bosses, Chinese Workers Power and Control in a Hong Kong Megastore WOng Heung wah The Legend ofthe Golden Boat Regulation, Trade and Traders in the Borderlands of Laos, Thailand, China and Burma Andrew walker Cultural Crisis and Social Memory Politics of the Past in the Thai World Edited by Shigeharu Tanabe and Charles R Keyes The Globalization of Chinese Food Edited by David Y. H. Wu and Sidney C. H. Cheung The Globalization of Chinese Food Edited by David Y. H. Wu and Sidney C. H. Cheung UNIVERSITY OF HAWAI'I PRESS HONOLULU Editorial Matter © 2002 David Y. -
Hong Kong Exporter Guide
THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY. Voluntary - Public Date: 6/14/2019 GAIN Report Number: HK1927 Hong Kong Post: Macau Exporter Guide Report Categories: Exporter Guide Approved By: Alicia Hernandez Prepared By: Chris Li Report Highlights: Macau is a budding culinary destination in Asia receiving nearly 36 million tourists in 2018. The fast growing market registered food retail sales over US$570 million and restaurant receipts close to US$1.4 billion. Macau offers strong prospects for U.S. products such as fresh fruit, poultry, food preparations, condiment and sauces, beef, fish, chocolate, tree nuts, processed fruit, and snack foods. Page 1 of 10 Executive Summary Quick Facts CY 2018 Macau is located at the entrance of the Pearl River Delta, Imports of Consumer-Oriented Ag. Products about 90 miles southeast of Guangzhou, China and 37 miles US$1.2 billion southwest of Hong Kong. It covers 18.3 square miles, around one-sixth the size of Washington, D.C., and has a population Top 10 Consumer-Oriented Ag. Imports of 667,000. Macau’s per capita GDP was over US$82,600 in Dairy products, food preparations, fish, wine and beer, pork, poultry, snack foods, fresh fruit, beef, and chocolates 2018, one of the highest in the world. Macau is a major tourist destination in Asia, and received nearly 36 million Top Growth of Consumer-Oriented Ag. Imports visitors in 2018. Due to limited arable land, essentially all Dog and cat food, fresh fruit, poultry, food preparations, condiment food in Macau is imported. -
Cultural Aspects of Sustainability Challenges of Island-Like Territories: Case Study of Macau, China
Ecocycles 2016 Scientific journal of the European Ecocycles Society Ecocycles 1(2): 35-45 (2016) ISSN 2416-2140 DOI: 10.19040/ecocycles.v1i2.37 ARTICLE Cultural aspects of sustainability challenges of island-like territories: case study of Macau, China Ivan Zadori Faculty of Culture, Education and Regional Development, University of Pécs E-mail: [email protected] Abstract - Sustainability challenges and reactions are not new in the history of human communities but there is a substantial difference between the earlier periods and the present situation: in the earlier periods of human history sustainability depended on the geographic situation and natural resources, today the economic performance and competitiveness are determinative instead of the earlier factors. Economic, social and environmental situations that seem unsustainable could be manageable well if a given land or territory finds that market niche where it could operate successfully, could generate new diversification paths and could create products and services that are interesting and marketable for the outside world. This article is focusing on the sustainability challenges of Macau, China. The case study shows how this special, island-like territory tries to find balance between the economic, social and environmental processes, the management of the present cultural supply and the way that Macau creates new cultural products and services that could be competitive factors in the next years. Keywords - Macau, sustainability, resources, economy, environment, competitiveness -
銀 河 娛 樂 集 團 有 限 公 司 (Incorporated in Hong Kong with Limited Liability) (Stock Code: 27)
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. GALAXY ENTERTAINMENT GROUP LIMITED 銀 河 娛 樂 集 團 有 限 公 司 (incorporated in Hong Kong with limited liability) (Stock Code: 27) ANNOUNCEMENT ON CERTAIN SELECTED UNAUDITED KEY PERFORMANCE INDICATORS FOR THE FIRST QUARTER ENDED 31 MARCH 2021 This announcement is issued pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (“Listing Rules”) and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). LETTER FROM THE CHAIRMAN OF GALAXY ENTERTAINMENT GROUP LIMITED (“GEG” or the “Company”) I wish to take this opportunity to update you on the status of Macau and the performance of GEG in Q1 2021. COVID-19 has continued to impact the community and businesses globally including Macau and GEG. We are encouraged by Macau’s gradual recovery and remain cautiously optimistic that business conditions will continue to improve, while, at the same time, remain hypersensitive about any future outbreaks of the pandemic. From the later part of 2020 and continuing into 2021, we started to see some easing of restrictions relating to COVID-19. -
Why Hong Kong and Macau? Page 1 of 12 Why Hong Kong and Macau?
Why Hong Kong and Macau? Page 1 of 12 Why Hong Kong and Macau? Summary of Hong Kong Area: 1,108 km2 Population: 7.5 million Urban population: 100% Population density: 7,039.7 people per km2 Population growth rate (change): 0.9% Official languages: Cantonese and English Currency: Hong Kong Dollar (HKD); Macanese Pataca (MOP) in Macau Nominal GDP: US $363 billion Real annual GDP growth: 3% GDP per capita: US $48,517.4 Annual inflation rate: 2.4% Unemployment rate: 2.8% General government gross debt: 0.1% of GDP Fiscal balance: 2% of GDP Current account balance: US $12.6 billion/3.5% of GDP Exports of goods to UK: £7,719 million Exports of services to UK: £1,695 million Imports of goods from UK: £7,919 million Imports of services from UK: £3,490 million [Source – FCO Economics Unit (May 2019), World Bank] Geography Copyright © 2013 IMA Ltd. All Rights Reserved. Generated from http://www.hongkongandmacau.doingbusinessguide.co.uk/the-guide/ Friday, September 24, 2021 Why Hong Kong and Macau? Page 2 of 12 The Chinese Special Administrative Regions (SARs) of Hong Kong and Macau consist of over 230 islands on either side of the Pearl River Delta in South China, and are surrounded by the Chinese province of Guangdong to the north and the South China Sea to the west, south and east. Together with Shenzhen, Guangzhou, Zhuhai and a number of smaller cities in Guangdong Province on the Chinese mainland, Hong Kong and Macau form a core part of the Pearl River Delta (PRD) metropolitan region, or Greater Bay Area, the most densely populated region in the world. -
International Convention on the Elimination of All Forms of Racial
UNITED NATIONS CERD International Convention on Distr. the Elimination GENERAL of all Forms of CERD/C/357/Add.4 (PART III) Racial Discrimination 19 April 2001 Original: ENGLISH COMMITTEE ON THE ELIMINATION OF RACIAL DISCRIMINATION REPORTS SUBMITTED BY STATES PARTIES UNDER ARTICLE 9 OF THE CONVENTION Ninth periodic reports of States parties due in 1999 Addendum China: Macau Special Administrative Region* [3 October 2000] * This document is part of the eighth and ninth periodic reports of China. (See CERD/C/357/Add.4 (Part I).) All annexes referred to in the report may be consulted in the files of the secretariat. The information submitted by China on the Hong Kong and Macau Special Administrative Regions, in accordance with the guidelines for the initial part of the report of States parties, is contained in HRI/CORE/1/Add.21/Rev.2. GE.01-42828 (E) CERD/C/357/Add.4 (PART III) page 2 CONTENTS Paragraphs Page I. INTRODUCTION ........................................................................ 1 - 5 3 II. GENERAL INFORMATION ON THE POPULATION ............. 6 - 9 3 III. INFORMATION CONCERNING ARTICLES 2 TO 7 OF THE CONVENTION ................................................................... 10 - 180 4 Article 2 ........................................................................................ 10 - 24 4 Article 3 ........................................................................................ 25 - 27 6 Article 4 ........................................................................................ 28 - 29 6 Article 5 ....................................................................................... -
How Anti-Corruption Policy of Mainland China Affects Macau Gaming Industry Fanli Zhou Iowa State University
Iowa State University Capstones, Theses and Graduate Theses and Dissertations Dissertations 2017 How anti-corruption policy of mainland China affects Macau gaming industry Fanli Zhou Iowa State University Follow this and additional works at: https://lib.dr.iastate.edu/etd Part of the Gaming and Casino Operations Management Commons, and the Public Administration Commons Recommended Citation Zhou, Fanli, "How anti-corruption policy of mainland China affects Macau gaming industry" (2017). Graduate Theses and Dissertations. 15478. https://lib.dr.iastate.edu/etd/15478 This Thesis is brought to you for free and open access by the Iowa State University Capstones, Theses and Dissertations at Iowa State University Digital Repository. It has been accepted for inclusion in Graduate Theses and Dissertations by an authorized administrator of Iowa State University Digital Repository. For more information, please contact [email protected]. How anti-corruption policy of mainland China affects Macau gaming industry by Fanli Zhou A thesis submitted to the graduate faculty in partial fulfillment of the requirements for the degree of MASTER OF SCIENCE Major: Hospitality Management Program of Study Committee: Tianshu Zheng, Major Professor Ching-Hui Su Wen Chang The student author and the program of study committee are solely responsible for the content of this thesis. The Graduate College will ensure this thesis is globally accessible and will not permit alterations after a degree is conferred. Iowa State University Ames, Iowa 2017 Copyright © Fanli Zhou, -
12 YEARS A-CHANGIN’ Double Down! ADVERTISING HERE +853 287 160 81 FOUNDER & PUBLISHER Kowie Geldenhuys EDITOR-IN-CHIEF Paulo Coutinho
12 YEARS A-CHANGIN’ Double Down! ADVERTISING HERE +853 287 160 81 FOUNDER & PUBLISHER Kowie Geldenhuys EDITOR-IN-CHIEF Paulo Coutinho www.macaudailytimes.com.mo MONDAY T. 19º/ 23º Air Quality Good MOP 8.00 3483 “ THE TIMES THEY ARE A-CHANGIN’ ” N.º 02 Mar 2020 HKD 10.00 ‘NO GOING OUT, NO CROWDING’ LAWYERS SAY BUSINESS MAY HONG KONG MEDIA TYCOON AND REMAINS THE KEY MESSAGE FROM DEMOCRACY ADVOCATE JIMMY LAI THE GOVERNMENT AS MORE OF RELY ON ‘FORCE MAJEURE’ WAS AMONG ACTIVISTS SWEPT UP MACAU RETURNS TO LIFE TODAY CONTRACT CLAUSES IN A FRESH WAVE OF ARRESTS P2 P4 P12 AP PHOTO HUBEI RESCUE MISSION Japan The last group of MACAU WILL ATTEMPT TO REPATRIATE 50 LOCAL RESIDENTS AS THE CITY about 130 crew members P6 got off the Diamond PREPARES FOR THE WORST-CASE SCENARIO: A WAVE OF NEW INFECTIONS Princess yesterday, vacating the contaminated cruise ship and ending Japan’s AP PHOTO much criticized quarantine that left more than one fifth of the ship’s original population infected with the new virus. Japanese Health Minister Katsunobu Kato told a news conference that the ship is now empty and ready for sterilization and safety checks to prepare for its next voyage. Turkey President Recep Tayyip Erdogan said his country’s borders with Europe were open Saturday, making good on a longstanding threat to let refugees into the continent as thousands of migrants gathered at the frontier with Greece. More on p8 Turkey Russia’s Foreign Ministry is protesting attacks on three journalists of the country’s Sputnik news agency in Turkey and their subsequent detention. -
MGM Resorts International Announces Extension of Macau Gaming Sub-Concession to June 2022
NEWS RELEASE MGM Resorts International Announces Extension Of Macau Gaming Sub-Concession To June 2022 3/14/2019 LAS VEGAS, March 15, 2019 /PRNewswire/ -- MGM Resorts International ("MGM Resorts") (NYSE: MGM) announced today that on March 14, 2019, MGM Grand Paradise Limited ("MGM Grand Paradise"), a wholly owned subsidiary of MGM China Holdings Limited ("MGM China"), an indirect majority-owned subsidiary of MGM Resorts, and Sociedade de Jogos de Macau, S.A. ("SJMSA") entered into a Sub-Concession Extension Contract (the "Extension Agreement"), pursuant to which the gaming sub-concession of MGM Grand Paradise, which is due to expire on March 31, 2020, would be extended to June 26, 2022, which coincides with the expiration date of all the other concessionaires and sub-concessionaires. "We are grateful for the support of the Macau government to have authorized and extended our sub-concession to now align with the rest of the market," said Jim Murren, Chairman and Chief Executive Officer of MGM Resorts and Chairperson of MGM China. "We continue to believe in the long-term success of Macau. As the region continues to grow into an international leisure and tourism destination, MGM China remains committed to supporting this vision through our one-of-a-kind experiences in art, entertainment, and diverse food and beverage programming, as well as our stunning Mansion villas at MGM Cotai, which open later this month." In connection with the extension, MGM Grand Paradise will pay the government of Macau MOP200 million (equivalent to approximately HK$194.17 million or US$24.73 million) upon signing of the Extension Agreement as contract premium for such extension.