HomeNewsMacauMacau finance secretary Tai Kin Ip resigns unexpectedly

Macau finance secretary Tai Kin Ip resigns unexpectedly

Macau’s Secretary for Economy and Finance, Tai Kin Ip, has resigned from his post for personal reasons. He oversaw the city’s gaming industry, with the regulator, the Gaming Inspection and Coordination Bureau (DICJ), falling under his portfolio.

The move comes just ahead of the chief executive’s planned visit to Portugal with a Macau business delegation, which will mark his first overseas trip since taking office.

In a statement released by the Office of the Secretary for Economy and Finance, Tai said he had earlier formally requested to step down, expressing gratitude to the central government and the chief executive for their trust and support during his tenure.

He added that he will continue to support the administration and the city’s development efforts.

Chief Executive Sam Hou Fai acknowledged Tai’s contributions since taking office, noting that he had led the economic and financial policy portfolio in line with the government’s agenda and helped advance related initiatives.

Tai assumed the role in December 2024 after previously serving as director of the Economic Bureau. His tenure coincided with ongoing efforts to steer Macau’s economic diversification and manage developments in the gaming sector.

The government said it has begun the process of nominating a successor. Until a new appointment is confirmed by the central authorities, the chief executive will temporarily assume the responsibilities of the position.

Viviana Chan
Viviana Chanhttps://agbrief.com/
Viviana Chan is an editor, interpreter, and journalist. With over a decade of experience, she writes in English, Chinese, and Portuguese. Viviana started her career in Macau-based newspapers, where she became passionate about the region's social, financial, and cultural development. Her writing focuses on the economy, emerging industries, gaming development, political affairs, and cross cultural-exchange in the business and cultural domains. She is avid for news and eager to discover and cover stories that generate public relevance.

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