MACAU DAILY MONITOR

06/17/09 06:27AM EDT

CHUI SAI-ON IS TO BE THE NEXT CHIEF EXECUTIVE scmp.com

Macau's future leader gathered 286-out-of-300 nominations from the Election Committee members and will be the sole contender of the chief executive race.  He pledged to work hard and work with Macau residents to achieve Macau's "long-term prosperity and stability".   Two other residents submitted forms without any nominations. 50 nominations are required to run in the July 26 election. 

DELTA FORUM FAILS TO LIVE UP TO EXPECTATIONS scmp.com

The Delta Forum initiative that started in 2004 has failed to aid regional integration between Hong Kong, Macau, and nine mainland provinces.  Official figures show more than 15,000 collaboration projects valued at over 1.6 trillion yuan were signed under the co-operation framework between 2004 and this year in the transport, environmental protection and other sectors. 

Experts doubt the credibility of these numbers because most of the contracts were merely collaboration frameworks, with a rough estimate of economic output in the coming decades.

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.