ONLINE SHOPPING MONKS DELIVERED FOUR MINERS CHALLENGES RETAILERS VIA AMAZON Running a business is getting RESCUED Japanese families are able to more difficult due to the online AFTER go online to find a Buddhist availability of most products, 36 DAYS monk to perform funerals some local retailers say TRAPPED and other rituals P5 MDT REPORT P10 CHINA P11 FEATURE MON.01 Feb 2016 T. 9º/ 14º C H. 80/ 95% Blackberry email service powered by CTM MOP 7.50 2489 N.º HKD 9.50 FOUNDER & PUBLISHER Kowie Geldenhuys EDITOR-IN-CHIEF Paulo Coutinho “ THE TIMES THEY ARE A-CHANGIN’ ” WORLD BRIEFS FrAUd FeArS CHINA strongly condemned the United States after a U.S. warship deliberately sailed near one of the US colleges vet China Beijing-controlled islands in the hotly contested South China Sea to exercise freedom P7 of navigation and applicants with video challenge China’s vast sea claims. More on p9 SINGAPORE Southeast Asia’s fickle weather XINHUA forced the organizers of the Singapore Open to delay the completion of the final round until today, just as Jordan Spieth was making a late charge for the title. AP PHOTO NIGERIA A survivor hidden in a tree says he watched Boko Haram extremists firebomb huts and heard the screams of children among people burned to death in the latest attack by Nigeria’s homegrown Islamic extremists. More on backpage With articles republished from Zou Shiming (right) fights against Brazilian Natan Coutinho in their WBO international flyweight boxing title bout in Shanghai. The Chinese fighter promoted by Bob Arum’s Top Rank won the fight. Interviewed by the Times, Arum stressed the role that Macau has played to promote boxing in China. Hong Kong: Beijing Bob Arum: ‘If Macau wants us back opens new P3 INTERVIEW chapter F1 we would be happy to do it’ 01.02.2016 mon th Anniversary 2 MACAU 澳聞 As for the government’s ac- counts, they should conti- nue to perform well with a Monetary Authority says fiscal surplus recorded in 2015 at MOP346.4 billion at end-October and should economy to ‘adjust’ less in 2016 sustain surpluses in 2016. The AMCM also states that the government’s diversification N its Monetary and Finan- been helped by a lowering of strategy would help to nurture Icial Stability Review, the inflationary pressures due to long-term economic develop- Monetary Authority of Macau the fall in property prices and, ment, which would include the BLOOMBERG (AMCM) has stated that “Ma- consequently, the rents. diversification of the tourism cau’s economy would continue The AMCM report states, sector and the cultivation of to adjust in 2016 but the adjust- in summary, that the growth target industries. ment would be ‘obviously’ less outlook would gain traction in The Monetary Authority says than 2015.” 2016 despite the existence of that developments in the finan- The same report states that some challenging risk factors, cial sector, namely in services this financial forecast is based such as the contraction of inter- exports, could make these po- mainly “on a less gloomy expec- nal consumption due to “extra licies consistent with the plan tation of the gaming sector”. cautious” spending behavior by to transform the MSAR into a Another of the conclusions residents. However, the possi- “World Centre of Tourism and reached was that a “limited rise bility of a rise in interests rates, Leisure” and a “Commercial in the unemployment rate” cou- culminating in home mortgages and Trade Cooperation Servi- ld be expected. However, the becoming more expensive cou- ce Platform between mainland labor market at large is con- Pedestrians stand in front of a supermarket, left, and a BNU bank branch, right, ld threaten aggregate growth in China and Portuguese- speaking sidered “robust” and has also under a residential building in Macau the region. Countries.” RM negotiations between SUrvey Missing editors mark Hong and Macau over mu- tual legal assistance.” Public expects amendments new setback in SAR “It also raises the specter of wanted fugitives over- to holiday pay extradition deal seas putting up an argu- ment that they might be subject to mainland legal HE Federation of Trade Unions Furthermore, Chiang explained EGOTIATIONS over were always going to be strictures if returned to T(FTU) published the results of a to local media representatives that Na legal agreement be- difficult,” the source said. Hong Kong,” he added. survey conducted to gauge the opi- legislation concerning solutions to tween Hong Kong and Ma- “The Lee [Bo] situation has However, political activis- nions of local residents on Labor overlap holidays is still unavailable. cau that would allow the made things even worse.” ts already voiced their con- Law amendments. “There are no existing laws protec- extradition of fugitives be- The talks, which have cerns in relation to further The president of FTU’s executive ting wage-earners from losing days tween the two Special Ad- been in progress for two instances of extradition to board, Chiang Chong Sek, proposed on overlap holidays. Occasionally, ministrative Regions has and a half years, have been the mainland. In Septem- during last week’s press conference festivals fall on weekends or the encountered another setba- subjected to a number of ber, Jason Chao pointed that the legislative body prioriti- holidays are on the same day as the ck over the case of missing complications in recent out that cases in which ze the amendments which provide workers’ day off,” he said. publishers, such as Lee Bo. months. If it can be con- double criminality does compensation for working hours on The statistics indicate the preferred An unidentified source cluded, the agreement not apply may see Hong holidays. solution to the issue of working on close to the matter told the will be the first of its kind, Kong residents extradited The survey collected 1,701 valid holidays, with 40.3 percent of the SCMP that the negotia- allowing fugitives who re- to Beijing via Macau, even questionnaires, 684 of which were respondents believing that workers tions have been “put in an side in one SAR in order though the person in ques- from men and 1,017 from women, should be given one day of compen- even more difficult place,” to avoid punishment in tion has not committed with 91.3 percent of the respondents satory leave. following the bookseller the other to be returned to a crime according to Ma- aged between 25 and 54. The num- The report is expected to be deli- scandal that started in Oc- their place of origin. cau’s Basic Law. ber of interviewees that support the vered to the Legislative Assembly, tober. Michael Blanchflower, a Earlier last year, Macau’s amendments concerning the holiday according to Chiang. As he sugges- “Differences between the key drafter in Hong Kong’s director of the Law Reform compensation is striking with 41 per- ted, amendments to laws related Hong Kong and Macau implementation of the Or- and International Law Bu- cent considering it their first option. to female employees and non-local legal systems and the uni- ganized and Serious Crime reau, Chu Lam Lam, confi- “If employees are required to work labor should be made together with que constitutional status of Ordinance, told SCMP that dently told lawmakers that on holidays, then subsidies and va- an amendment to enhance the me- the two SARs within Chi- the disappearances “put the extradition deal would be cations are expected to be provided,” chanisms for recovering wages in ar- na meant the negotiations into question the ongoing signed in 2015. Staff reporter the FTU head remarked. rears. Staff reporter SME development; branding strategies Seminar on Singapore-style business strategies and the importance of branding; and successful cases of retail on e-commer- ce platforms. During the Q&A session, HE Macau Trade and Investment Singapore. It attracted the participation “One-Stop Service” for local and overseas speakers invited from Singapore gave TPromotion Institute (IPIM) organi- of over 130 representatives from busi- investors. She also commented that Sin- their insights on how enterprises in the zed a training seminar, titled “Best Prac- ness associations, SMEs and new enter- gapore has a concrete foundation in en- island city-state utilize technology and tices of Marketing, Branding and Pro- prises from different sectors. terprise and brand development. innovation in running their businesses. motion of Singapore Enterprises.” Gloria Batalha Ung, Executive Director According to a press release issued by A study trip to Singapore will be orga- Last week’s event targeted local SMEs of IPIM, attended the event’s opening IPIM, a wide array of topics were dis- nized in the second quarter of the year, and young entrepreneurs and focused ceremony and explained that IPIM is de- cussed during the seminar, including constituting the second part of the enter- on the successful business strategies of dicated to providing a multi-dimensional an overview of Singapore’s business and prise training. www.macaudailytimes.com.mo DIRECTOR AND EDITOR-IN-CHIEF_Paulo Coutinho [email protected] A MACAU TIMES PUBLICATIONS LTD PUBLICATION MANAGING EDITOR_Paulo Barbosa [email protected] MDT’s Website has logged over CONTRIBUTING EDITORS_Eric Sautedé, Leanda Lee, Severo Portela ADMINISTRATOR AND CHIEF EXECUTIVE OFFICER Kowie Geldenhuys [email protected] 120 million page views DESIGN EDITOR_João Jorge Magalhães [email protected] | NEWSROOM AND CONTRIBUTORS_ SECRETARY Juliana Cheang [email protected] since January 1st, 2012 up to today.