PRIORITY TO INVESTORS IN CCAC REACTS TO 5 VOLCANOES HENGQIN ACCUSATIONS ERUPT IN Those who invest in Hengqin Reacting to accusations INDONESIA, will have priority to drive in made by Chan Meng Kam’s FLIGHTS there, according to the New group, CCAC maintains it Area director Niu Jing has always been impartial CANCELED P2 P3 P13 THU.23 Jul 2015 T. 26º/ 30º C H. 80/ 95% Blackberry email service powered by CTM MOP 5.00 2362 N.º HKD 7.50 FOUNDER & PUBLISHER Kowie Geldenhuys EDITOR-IN-CHIEF Paulo Coutinho “ THE TIMES THEY ARE A-CHANGIN’ ” WORLD BRIEFS One year of debate before AP PHOTO full smoking ban final vote P3 UK The University of Birmingham says new scientific tests on a Quran parchment place it close to the time of the Prophet Muhammad. The university said yesterday that MARQUES RENATO radiocarbon dating has put the parchment among one of the oldest known manuscripts of the Muslim holy book known to survive. The analysis dated the parchment close to the time of the prophet, who is generally believed to have lived between 570 and 632. AP PHOTO UK Prince George was celebrating his second birthday yesterday. A new official photograph of George, the first child of Prince William and his wife Kate, has been released by Kensington Palace to mark the occasion. It shows George grinning in his father’s arms. The royal couple is expected to celebrate his birthday privately at Anmer Hall, their country home on Queen Elizabeth II’s Sandringham Estate. AP PHOTO BURUNDI The head of Burundi’s electoral commission says vote counting is underway and results are expected tomorrow for a controversial election in which incumbent President Pierre Nkurunziza’s bid for a third Rosário: Taking office as DSAT term in power has sparked widespread unrest. More on backpage head is ‘act of great courage’ P5 23.07.2015 thu th Anniversary 2 MACAU 澳聞 ‘Cities’ photo exhibition opens today Investors to have priority in The combined photo exhibition “Cities” is opening today at Hengqin vehicle clearance the Creative Macau gallery. Five local photographers — Wilson Caldeira, Tang Kuok HE director-general of the community to participate in the Ho, Marina Carvalho, Ieong THengqin New Area Admi- development of Hengqin,” he Man Pan, and Carmo Correira nistrative Committee, Niu Jing, said. — will display a series of black- has hinted that those who have He recalled that the Macau and-white pictures of Macau. invested in the Hengqin new government has already re- The opening ceremony is area will have priority access commended 33 projects to scheduled to start at 6.30pm. when using their Macau-licen- the Hengqin authorities in the sed vehicles to enter and drive hope of fostering participation in the island. from Macau SMEs in the joint DSEC presents Mr Niu said that they are still development of Macau and summer finalizing the details of the Hengqin. clearance arrangement for Ma- Mr Chang stressed that IPIM uniform cau-licensed vehicles to enter will continue to provide as- Hengqin. “People who have in- sistance to Macau companies vested in Hengqin will be given seeking to invest in mainland priority to use their vehicle to China, namely Hengqin. “A enter Hengqin Island,” he sta- convenient and comprehensi- ted. ve consultation service will be Mr Niu said on the sidelines Niu Jing provided to Macau enterprises of a policy-briefing seminar intending to invest in Hengqin, promoting the Guangdong Pi- or doing business in Hengqin. place to assist the companies’ which will provide guidance lot Free Trade Zone that more IPIM’s president, Jackson registration procedures in Hen- and advice to businesses, ena- vehicles in the area could result Chang, stated that the seminar gqin; which procedures should bling them to take full advanta- in traffic congestion, and there- is aimed at enabling Macau be followed by which types of ge of and to profit from the free fore they will need to exercise enterprises to gain better un- companies; application proce- trade zone policy. caution and implement policies derstanding of Hengqin’s la- dures for the Hengqin Entre- Mr Niu stressed that the Hen- The Statistics and Census incrementally. “We will im- test developments and policies, preneurship Valley for Macau gqin New Area will be a pilot Service (DSEC) will require plement measures step-by-s- as well as providing detailed youth, and other services. zone for culture, education, and all of its enumerators on duty tep. The Hengqin area and the market information to enter- Jackson Chang recalled that international business services, to wear their new summer border have a limited capacity, prises wanting to invest there. an agreement to establish a turning the area into “a tourism uniform from 27 July onwards. so we need to find a solution. However, several business cooperative mechanism be- and leisure center.” The new uniform, intended Otherwise it will create traffic representatives left the poli- tween Zhuhai and Macau was Furthermore, he suggested for outdoor work, comprises jams,” he said. cy-briefing halfway through, signed by both governments. that in a second phase they will of a light grey polo shirt with The Macau Trade and In- as the information provided They have also agreed on a set be launching additional pilot a white collar, short sleeves, vestment Promotion Institu- during the seminar was of an of 18 measures featuring four measures to assist in the pro- and the DSEC logo printed on te (IPIM), together with the administrative nature, rather main areas, which will be im- motion the free trade zone in- the upper-left side of the chest. Administration Committee of than being policy-focused. plemented by the Gongbei Cus- ternationally. According to a press release, Hengqin New Area and the Ma- According to IPIM, 300 Ma- toms authority. Attendees said that they hope the new uniform will help cau Chamber of Commerce, or- cau companies attended yes- “A cross-border RMB loan more policy-briefing sessions the responding residents and ganized a policy-briefing semi- terday’s briefing. The presen- service provided by the Guan- will be held in the near future to businesses to easily identify nar yesterday for companies in- tations focused mainly on the gzhou Branch of the People’s gather further information on DSEC’s enumerators and allow terested in making investments policies and mechanisms in Bank will encourage the Macau the Hengqin New Area. CP the public to oversee the DSEC team. last year, after it collapsed in August amid Sellers accused a record first-half loss triggered by its ex- of passing Novo Banco Asia profits posure to its troubled family-controlled parent company. patacas as HKD dropped 93.9 pct in 2014 The Bank of Portugal split BES into a “good bank” — renamed Novo Banco Local merchants are being and housing healthy assets —, and “a bad accused of giving Macau’s HE profits of Novo Banco Asia dro- human resources. bank”, which housed riskier assets. 10 and 50 pataca notes as pped by 93.9 percent year-on-year in “The ‘Corporate Banking and Trading Fi- Novo Banco was loaned EUR4.9 billion change and passing them off as T 2014, amounting to a profit of MOP2.4 nance’ business, together with the local bu- from what was left of Portugal’s European HKD100 and HKD500 Union-led bailout fund. bills, an Apple Daily report million, according to a finance report that siness and trade between China, Portugal indicated. According to the was published in the government’s Official and the Portuguese-speaking countries, BESOR, rebranded Novo Banco Asia, is report, “a 10 pataca note is Gazette (BO). where the Novo Banco group operates, has a subsidiary of Novo Banco and was esta- slightly smaller than a HKD100 The bank’s financial result decreased by remained an important strength,” it read. blished in Macau in 1996. The bank opera- bill, but both are red and 56.8 percent year-on-year to MOP23.2 The bank acknowledged that 2014 was tes mainly in the areas of trade finance and issued by the Bank of China. million. a strong year for investment, but that the private banking. A 50 pataca note looks similar According to the report, the downturn bank’s activities were adversely affected Novo Banco Asia’s general assembly to a HKD500 bill as both are was triggered by a number of factors, in- following BES’ dissolution and the econo- has scheduled a meeting for August 7 to brown in color. If you’re paying cluding the Banco Espirito Santo (BES) re- mic changes in Macau’s gaming and tou- discuss the election of board members. attention it is easy to tell the solution, an increase in the operation costs rism industries. Since June 1, several board members have difference. But if the notes are of investments and the implementation of Novo Banco is Portugal’s third-largest resigned, including Pedro Homem, Ma- combined in a pile, someone a new computer system, as well as a cost bank in terms of assets. It was created out nuel Barreto, Amílcar Pires and Ricardo may fall for the trick.” increase in the bank’s use of facilities and of failed lender Banco Espirito Santo SA Espírito Santo Silva. 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