Both the volume and value of residential sales have plummeted by about 65 percent since 2019 – the last year before the Covid-19 pandemic.
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The airline appears to have hired several new members of staff from BestFly Cabo Verde, which was recently hit by strikes over pay and working conditions.
With the city in danger of being overtaken by Macao when it comes to visitor numbers, researchers are coming up with ways to bring tourists back.
New customs rules come into effect on 1 March, making life easier for people commuting between the SAR and Hengqin island.
After record-setting trade figures in 2023, the long-time trade partners ring in the new year with another strong showing.
The impost was levied on December’s gross gaming revenue and represents almost 9 percent of the gaming tax the Macao government hopes to collect this year.
A second attempt is being made to sell off three dozen properties, including car parks and commercial spaces, once owned by the former junket bigwig.
Christopher Hui has rejected suggestions made by a prominent American economist that the city’s days as a finance hub are ‘over.’
Hotel occupancy and Macao’s major tourism markets also made a strong recovery over the eight-day holiday period, figures show.