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Beijing Sets Robust Growth Target to Warm up Economy

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Beijing Sets Robust Growth Target to Warm up Economy LAWMAKERS WANT POLICY SARS INCLUDED IN NEW U-TURN AFTER ACCIDENT FOREIGN INVESTMENT LAW CATHAY PACIFIC Two lawmakers urged the gov’t to A new law on foreign investment, IN TALKS FOR crack down on illegal drivers and which will target investors from Hong BUDGET AIRLINE suspend the mutual recognition Kong, Macau and Taiwan, is expected STAKE scheme for licenses to be passed during the NPC P2 P3 P6 GREATER BAY WED.06 Mar 2019 T. 17º/ 22º C H. 75/ 98% facebook.com/mdtimes + 13,000 MOP 8.00 3242 N.º HKD 10.00 FOUNDER & PUBLISHER Kowie Geldenhuys EDITOR-IN-CHIEF Paulo Coutinho www.macaudailytimes.com.mo “ THE TIMES THEY ARE A-CHANGIN’ ” WORLD BRIEFS AP PHOTO PATRIOTIC SUBSIDIES CHINA Tech company Huawei opened a cybersecurity lab in Incentives Brussels, the heart of the European Union, as it tries to win over government leaders and fi ght back U.S. allegations that its equipment poses a national security risk. to show More on p8 AP PHOTO ‘love for PHILIPPINES The United States is more likely to be motherland’ involved in a “shooting P4-5 EDUCATION war” in the disputed South China Sea than the Philippines but the latter would be embroiled in such a confl ict just the same because of its 1951 Mutual Defense Treaty with Washington, the Philippine defense chief NPC said yesterday. More on p12 AP PHOTO Beijing sets robust EU Germany’s vice chancellor is welcoming growth French President Macron’s (pictured) call for reform of the European Union, saying that Europe needs target to to be strong to avoid being pushed around. Olaf Scholz told the Funke newspaper group warm up yesterday that Macron “has sent a determined signal for cohesion in P10, 11 Europe.” He said “it is economy important that we are sovereign and strong so that we are not pushed around in the world.” More on backpage 06.03.2019 wed th Anniversary 2 MACAU 澳聞 WWW.MACAUDAILYTIMES.COM.MO CRIME million in gaming chips. Kaohsiung After gambling and losing all mayor to visit the chips, the local man then cal- led the victim again, saying that Macau Mainlanders scammed his friend needed more credit to play. He thus raised the credit to The recently elected mayor a total of HKD10 million. of Kaohsiung, Han Kuo-yu, is After gambling away the entire reportedly visiting Macau on out of gambling money amount, the suspect then called March 23 and 24, according to the victim and told him the truth. reports by Taiwan media. Han Soon after the victim lost contact is reportedly going to organize with the suspect and decided to a Kaohsiung investment BLOOMBERG press charges against him. procurement fair in Macau as In a separate case, another lo- well as visit several hotels in cal man (39) is being accused of Cotai. He is also planning to a similar scam which occurred in meet with some of Macau’s government departments. December last year, in which the Besides visiting Macau, he will victim was a woman in her twen- also visit Hong Kong, Shenzhen ties from the mainland. and Xiamen between March 22 To the PJ, the woman said the and 28 for economic and trade man was responsible for a VIP purposes. room in Macau and asked her for some money for a short pe- riod of time. Sai Van lake The victim, believing she wou- ld benefi t from the arrangment, water level to lent him RMB100,000. A few days later, the man asked her for lower more money in smaller amoun- The Municipal Aff airs Bureau ts, and she complied over a pe- (IAM) will lower the water riod of three days, ultimately to- level of Sai Van lake for the taling RMB70,000. construction of the Light Rapid After some time, the woman Transit Barra Station, according Renato Marques red in August 2017, a 30-year- The local man accepted the called for a repayment but to a statement released by the old male is suspected of using task, but when meeting the following a series of excuses the IAM. The bureau will oversee WO suspects in separate without authorization a sum of group of VIPs in a casino in Tai- man refused. She then decided the lowering of the water level Tcases mark the latest instan- HKD10 million for a diff erent pa he noticed that the person he to press charges against him. of Sai Van lake to 1.7 meters ces of gambling-related scams purpose than the one intended was expecting had not yet arri- The man was detained by poli- at the beginning of March for in Macau except, this time, they by its rightful owner. ved. ce as he was trying to exit Macau approximately two weeks. The were locals scamming victims The money, or more accurately Instead of informing the main- on February 28. IAM says that it will closely from the mainland. According the gambling credit, belonged to land man, he lied and told him Although acknowledging the monitor the water quality to information provided by the a mainland resident who asked that his friend had arrived and debt that he had incurred, the and the condition of living Judiciary Police (PJ), the local the local man to help him to re- they were about to go gambling. man denied having the inten- organisms in the lake after the residents are suspected of having ceive one of his friends who was At the time, the victim allowed tion of scamming the victim. descent of the water level. Upon scammed the mainland residen- coming to Macau to gamble at a the Macau resident to use his ac- Still, the PJ says that there is completion of the work, the ts over gambling money. time when he could not be pre- count in a VIP room to arrange enough evidence to forward the water level will be restored to In the fi rst case, which occur- sent. for his friend a total of HKD5 case to the MP. the normal level, which varies between 2.4 and 2.5 meters. Banking sector deposits edge up Lawmakers urge gov’t review of The broad money supply illegal workers aft er traffi c accident continued to grow in January, according to the latest statistics from the Monetary Authority OME lawmakers are being driven by a non-re- mon for non-locals to […] [a] one-way driving licen- statutory guidelines and of Macau. The currency in Surging the local go- sident worker without a work as professional dri- se recognition scheme to scientifi c research con- circulation and demand deposits vernment to crack down relevant work permit for vers,” Leong Sun Iok wro- the Central Government clusions? Will the public rose 11.1 percent and 1.3 percent on illegal drivers and sus- driving the vehicle. te in his inquiry. on behalf of residents of decide whether the policy respectively. At the same time, pend the mutual recog- After the accident, both “In 2017, the admi- the [Macau] SAR?” Sou will be implemented or resident deposits grew 0.9 nition scheme of driving lawmaker Sulu Sou and nistration authority pu- asked in his interpella- not?” Sou wrote. percent from the preceding licenses issued by the Leong Sun Iok submitted nished 154 people for tion. The lawmakers also month to MOP640.9 billion and authorities in both main- interpellations to the go- their illegal engagement Sou pointed out that as recalled that last week’s non-resident deposits dropped land China and Macau. vernment regarding ille- in driver work, however, of today, the Macau pu- incident was not the fi rst 0.2 percent to MOP240.1 billion. On Friday afternoon, a gal drivers. only four employers were blic has not been consul- instance of a recent ac- Public sector deposits decreased 22-year-old woman ri- “In fact, the problems of penalized for the illegal ted regarding the scheme. cident involving a main- 1.8 percent to MOP233.8 billion. ding a scooter was hit by [illegal] drivers have been employment of non-local “It is urgent to stop the land driver in Macau. As a result, total deposits in the a car attempting to per- repeatedly reported. […] drivers,” Leong noted. bad policy which concer- In July 2017, an elderly banking sector increased 0.1 form a U-turn in Cotai. Local hotels and casinos’ Leong requested that ns [people’s] lives and man was run over by a percent from a month earlier to The woman died from se- VIP rooms have many the government plan for safety. […] When will the car driven by a mainland MOP1,114.9 billion. The shares vere injuries sustained in vehicles used for fetching an amendment of the SAR government offi - driver. Then in January of total deposits denominated the traffi c accident. and dropping off custo- law concerning illegal cially launch a public con- 2018, a van driven by a in MOP, HKD, RMB and USD were 19.4 percent, 50.8 percent, The car, a seven-sea- mers, and according to workers. sultation on the driver’s mainlander crashed into 3.8 percent and 23 percent ter van owned by a lo- the professional drivers “Is the SAR government license mutual recogni- a pedestrian who was at a respectively. cal junket operator, was in Macau, it is quite com- willing to actively present tion scheme based on zebra crossing. JZ www.macaudailytimes.com.mo EDITOR-IN-CHIEF (DIRECTOR)_Paulo Coutinho [email protected] A MACAU TIMES PUBLICATIONS LTD PUBLICATION ACTING MANAGING EDITOR_Daniel Beitler [email protected] CONTRIBUTING EDITORS_Eric Sautedé, Leanda Lee, Severo Portela ADMINISTRATOR AND CHIEF EXECUTIVE OFFICER + 4 Million page views Kowie Geldenhuys [email protected] NEWSROOM AND CONTRIBUTORS_Albano Martins, Annabel Jackson, Emilie Tran, Irene Sam, Ivo Carneiro de SECRETARY Juliana Cheang [email protected] PER MONTH Sousa, Jacky I.F.
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