MACAO - Macao's broad money supply retreated in February, and resident deposits also dropped, the special administrative region's monetary watchdog said on Wednesday.The latest report issued by the Monetary Authority of Macao said that currency in circulation and demand deposits grew 6.0 percent and 0.3 percent respectively. M1 thus increased 1.5 percent from one month earlier.On an annual basis, M1 and M2 grew 11.7 percent and 12.1 percent respectively.Resident deposits dropped 0.7 percent from the preceding month to 589.9 billion patacas (about $72.96 billion) while non-resident deposits also fell 1.1 percent to 254.7 billion patacas (about $31.50 billion).Meanwhile, public sector deposits with the banking sector increased 4.7 percent to 197.4 billion patacas (about $24.44 billion).At the end of February, the loan-to-deposit ratio for the resident sector edged up from 58.6 percent at the end of January to 58.7 percent. Meanwhile, the ratio for both the resident and non-resident sectors also rose from 87.0 percent to 87.1 percent. paper wristbands uksilicone keychain24 hour wristbands coupon
TAIYUAN -- The ancient town of Pingyao has decided to ban all businesses selling foods that have a strong smell, as an effort to improve its environment.The government of Pingyao county in North China's Shanxi province has ordered that all eateries selling food such as stinky tofu and barbecue should close down between May 5 and 10. Businesses that disobey the order will be shut down and fined.Pingyao ancient town has a history of 2,800 years. It became a UNESCO world cultural heritage site in December 1997.The county received nearly 13 million visits by tourists last year receiving ticket proceeds of 153 million yuan ($24 million).Local authorities have received complaints from tourists about the disturbing smell of certain foods in the town."The foods are against the ancient town's style as a tourist site, and we will improve the image of the town with such an effort," said Wang Jianren, head of the county market and quality supervisory bureau.
