CONDUCT P9 Trade Finance and Macro- Prudential Regulation

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CONDUCT P9 Trade Finance and Macro- Prudential Regulation 12 YEARS A-CHANGIN’ Double Down! ADVERTISING HERE Kowie Geldenhuys Paulo Coutinho www.macaudailytimes.com.mo +853 287 160 81 FOUNDER & PUBLISHER EDITOR-IN-CHIEF MONDAY T. 21º/ 28º Air Quality Good MOP 8.00 3403 “ THE TIMES THEY ARE A-CHANGIN’ ” N.º 28 Oct 2019 HKD 10.00 CHINA’S AMBASSADOR TO PORTUGAL ENTREPRENEURS BEWARE: A PHOTOGRAPHY EXHIBITION THAT HAS VISITED MONTE DO PASTO, THE AIMS TO CONNECT LUSOPHONE AGRIBUSINESS RECENTLY ACQUIRED CHINA’S CENTRAL BANK IS ARCHITECTS WAS LAUNCHED AT THE BY CESL ASIA PLANING A DIGITAL YUAN PORTUGUESE CONSULATE IN MACAU P2 P12 P7 China A senior Chinese foreign-exchange regulatory official called for “special attention” to be paid to blockchain as the nation looks to gain advantages from HONG KONG CRITICIZES digital finance. The State Administration of Foreign Exchange is looking to use blockchain and artificial intelligence in cross-border ‘GANGSTER COPS’ CONDUCT P9 trade finance and macro- prudential regulation. AP PHOTO Australia Ivan Milat, whose grisly serial killings of seven European and Australian backpackers horrified Australia in the early ‘90s, died in a Sydney prison yesterday, ending hopes of a deathbed confession to more unsolved slayings. He was 74. Afghanistan Officials have set a new date for announcing the result of last month’s presidential election, after several delays. AP PHOTO Pakistan’s ailing former prime minister, Nawaz Sharif, who was jailed on money-laundering and corruption charges, has remained in a government hospital where he was taken last week after suffering a heart attack. AP PHOTO Syria Abu Bakr al- Baghdadi, the shadowy leader of the Islamic State group who presided over its global jihad and became arguably the world’s most JULIE ZHU wanted man, is believed dead after being targeted by a U.S. military raid in Syria. Turkey Kurdish fighters killed one Turkish personnel and wounded five others amid a shaky truce in northern Syria, Turkey’s army said yesterday, bringing its military death toll to 11 since the launch of its cross-border MUST celebrates rare documents 11 nationalities gather for operation. with links to historical canton migrants’ day More on backpage P7 P3 page 2 www.macaudailytimes.com.mo MACAU 澳聞 28.10.2019 mon MACAU’S LEADING NEWSPAPER China’s Ambassador Restaurant sector reeling to Portugal visits from revenue crunch Monte do Pasto RESSURE on the restaurant Psector went unabated in Au- gust, with the proportion of in- AP PHOTO terviewed establishments repor- ting a decline as their business prospects rose. The information was released in the latest busi- ness climate survey conducted on the restaurant and retail tra- de. According to the information released by the Statistics and HINA’S ambassador to learning more about the sus- Census Service (DSEC), the pro- CPortugal, Cai Run, has vi- tainability and welfare practi- portion of establishments that sited Portuguese agribusiness ces that make this company a saw a year-on-year decline in re- Monte do Pasto. reference in the sector and a venue rose by 7 percentage poin- Cai led a delegation that leader in Iberian outdoor catt- ts from a month earlier to 38% in included the embassy’s eco- le farming. August. On the other hand, 33% nomic and social adviser, Xu Monte do Pasto’s president of interviewed establishments Weili. His visit aimed to learn Clara Moura Guedes said, “by recorded an annual rise in Au- more about the activities of integrating CESL Asia group, gust revenue, a decrease of 1 per- the company that was recently Monte do Pasto can explore centage point from July. acquired by the Macau invest- new expansion opportunities Asked in August, most of the ment and services company and reinforce its bet in ob- interviewed establishments ex- CESL Asia. taining international recogni- pected their business outlook Regarding the retail trade, the ticipating their sales to increase Monte do Pasto will play tion to boost existing produc- to remain unfavorable in Sep- proportion of interviewed re- year-on-year or remain steady. an important role in CESL tions, launch new sustainable tember. The proportion of in- tailers reporting a year-on-year The proportion of interviewed Asia Group’s Focus Platform, agricultural and livestock ac- terviewed establishments anti- decrease in sales rose by 5 per- retailers predicting a year-on- aiming to become the future tivities and enhance the entire cipating a year-on-year decline centage points from July to 40%, -year sales decline in September operational base for food and Alentejo region and the Portu- in receipts rose by 18 percenta- with the corresponding propor- decreased from 38% to 35%. green energy business be- guese economy.” ge points from August to 45% in tion of motor vehicle retailers The business climate survey tween Portugal, Macau, China, At this time, the property is September. At the same time, the (80%) surging by 40 percentage is compiled based on data pro- and the Portuguese-speaking mainly used as a free-range ca- proportion of interviewed estab- points. vided by 186 restaurants and si- countries in Africa. ttle pasture, but the company lishments forecasting a year-on- Retailers were cautiously opti- milar establishments, which ac- During the visit, the Chine- has highlighted on previous -year growth in receipts in Sep- mistic about their business pros- counts for 53% of the industry’s se ambassador had the oppor- occasions that it can be deve- tember reduced by 2 percentage pects in September, with 65% receipts, and 136 retailers, that is tunity to learn about with rai- loped through additional agri- points to 18%. of the interviewed retailers an- 70% of the industry’s receipts. DB sing cattle outdoors as well as cultural activities. RM ASK THE VET by Dr Ruan Du Toit Bester Best exercises for old dogs LD dogs can still play like puppies. Don’t Giving your dog something to retrieve Ogive up on exercise and games just becau- Fetching does not have to involve long throws se you have an older dog. A regimen of regu- or fast running. A gently rolling ball can en- lar exercise will keep your dog fit and healthy. tertain an older dog, and this game can be Here are five great ways to exercise your older played indoors. Be sure you use a ball that is dog. large enough to prevent choking. In a Labra- dor Retriever-sized dog, a tennis ball may be Light walks great for too small. Pet supply stores carry oversized dogs with arthritis balls for larger dogs. Walking is always a good choice. Even with arthritis, dogs can walk for a good distance. Tug-o-war instills confidence Be aware of your distance, however, and don’t Tug-O-War is not recommended for young or dry land. If your dog is not used to swimming, more often for exercise in older or arthritic overtire your dog. If possible, spend some time aggressive dogs, but in a gentle older pet, this ease her into a shallow area. Often a lake or dogs. walking on grassy, uneven turf. This provides game can instill confidence and strengthen pond is preferable to a swimming pool. The a lower-impact walk and may improve her ba- their teeth, gums and jaw. Do not yank or tug slippery surface of man-made pools can fri- Hope this info helps lance. If your dog begins to limp or show signs forcefully, and let her win sometimes! Look ghten some dogs. Enter the water with her Till next week of pain, let her rest. Don’t force your dog to for a dental-friendly rope toy at pet supply if possible. Most-but not all-dogs can swim. Dr Ruan Bester walk if she is in obvious pain, but encourage stores. They provide a minor flossing action Some very chest-heavy dogs like Dobermans activity as much as possible. when your dog chews. may not be able to swim safely. For dogs suffering from paralysis or severe hip dysplasia, dog carts can restore some mobility. Swimming minimizes Some vets offer water treadmills Ask the Vet: Properly fitted, many dogs are able to continue pressure on joints Some veterinary clinics offer water tread- their daily walks. Other walking aids include a For the pain of hip dysplasia, dogs often find mills. These devices allow your dog to walk Royal Veterinary Centre sling-like device that can assist your dog as she swimming to be very soothing. Water reduces naturally while being supported by the na- Tel: +853 28501099, +853 28523678 goes up and down stairs and ramps that allow the painful pressure on the joints and allows tural buoyancy of water. Originally used for Emergency: +853 62662268 easier access to your car or truck. a freedom of movement that is impossible on surgical rehabilitation, they are being used Email: [email protected] www.macaudailytimes.com.mo EDITOR-IN-CHIEF (DIRECTOR)_Paulo Coutinho [email protected] A MACAU TIMES PUBLICATIONS LTD PUBLICATION MANAGING EDITOR_Daniel Beitler [email protected] CONTRIBUTING EDITORS_Eric Sautedé, Leanda Lee, Severo Portela, Sheyla Zandonai ADMINISTRATOR AND CHIEF EXECUTIVE OFFICER + 4 Million page views Kowie Geldenhuys [email protected] NEWSROOM AND CONTRIBUTORS_Albano Martins, Annabel Jackson, Anthony Lam, Emilie Tran, Irene Sam, OFFICE MANAGER Juliana Cheang [email protected] PER MONTH Ivo Carneiro de Sousa, Jacky I.F. Cheong, Jenny Lao-Phillips, João Palla Martins, Joseph Cheung, Julie Zhu, Juliet ADDRESS Av. da Praia Grande, 599, Edif. Comercial Rodrigues, 12 Floor C, Risdon, Linda Kennedy, Lynzy Valles, Paulo Cordeiro de Sousa, Renato Marques, Richard Whitfield, Viviana Seguí MACAU SAR Telephones: +853 287 160 81/2 Fax: +853 287 160 84 DESIGNERS_Eva Bucho, Miguel Bandeira | ASSOCIATE CONTRIBUTORS_JML Property, MdME Lawyers, Advertisement [email protected] Thank You! PokerStars, Ruan Du Toit Bester | NEWS AGENCIES_ Associated Press, Bloomberg, MacauHub, MacauNews, Xinhua For subscription and general issues: [email protected] | Printed at Welfare Printing Ltd +13,000 like us on facebook.com/mdtimes SECRETARY_Yang Dongxiao [email protected] SEND NEWSWORTHY INFORMATION AND PRESS RELEASES TO: [email protected] WEBSITE: WWW.MACAUDAILYTIMES.COM.MO www.macaudailytimes.com.mo page 3 mon 28.10.2019 澳聞 MACAU MACAU’S LEADING NEWSPAPER we’re looking forward to it,” said Chief Executive to Fr.
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