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Economy, tax incentives & labor conditions
Macao is the gambling world's capital, before Las Vegas, with 10,4 billion dollars of receipts (+ 46,6 % compared to 2006).
While the right to strike is supposed to be protected by law, there is no legal protection against retribution by employers for involvement in strike action. Striking workers may therefore be dismissed during or after industrial action, regardless of the negotiated outcome. Strike leaders and union activists also report that they are blacklisted by the local business sector.
It is common practice in Macau for workers not to have formal employment contracts with their employers. The power of employers to change unilaterally the wages and working conditions of employees or to terminate their employment (which is equivalent to dismissal) is therefore unchecked. In the context of this excessive employer power and with no legal-institutional framework for collective bargaining or even employment contracts, workers are easily victimised and discriminated against for their union activities. The use of temporary contracts has reportedly been increasing, thereby reducing the number of workers covered by pensions, sick leave, paid holidays and other benefits, as well as effectively reducing wage bills.
Main violations of the human rights and dirty money laundering
2007 Banco Delta Asia SARL