Macau's finance minister has resigned citing personal reasons, prompting the chief executive to temporarily take over the role. This cabinet change was approved by China's State Council.

Macau’s finance minister has resigned over “personal reasons,” prompting the city’s chief executive to temporarily assume his duties until a new candidate is appointed. The cabinet change took effect on Thursday after China’s State Council approved the removal of Tai Kin-ip from the post of secretary for economy and finance, in accordance with Macau’s Basic Law and the recommendation of Chief Executive Sam Hou-fai. Tai, 57, who only assumed the senior role in December 2024, said he had earlier.....