Several institutions see gov’t funding halted due to non-compliance

Several educational institutions have been losing part or all of their government funding because they failed to comply with the rules, particularly submitting reports in a timely manner. According to information published on the Public Assets Supervision and Administration Bureau portal, the failure to submit timely reports is the primary cause of the reduction of public funding for institutions. In the latest case, the Beijing Foreign Studies University Macau Student Communication Association was also penalized in the same way for submitting its financial report late. This year alone, 13 institutions, including the Kiang Wu Charitable Asso…