Mainland China, Hong Kong and Taiwan remain the biggest source of visitors, but overnight visitors are staying for shorter periods, the latest figures show.
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The 22nd Macao City Fringe Festival will be held in January 2024 and organisers are inviting proposals for shows and exhibitions that will “break the barriers”.
Public works chief Raimundo do Rosário says the sell-off – Macao’s first in years – “won’t be within days” but “maybe in some weeks or even months.”
The local switchover rate is relatively fast compared to other nearby jurisdictions, says post and telecoms chief Lau Wai Meng.
Drawing from Biblical inspirations, the show of several dozen ceramic pieces is a surprising contrast to the artist’s vivid, better known work in paint.
However, while transactions showed strong recovery in the first quarter, one leading realtor warns that they will slow this month.
The African nation’s trade minister says it wants to ‘attract more Chinese investment and take advantage of the opportunities that are offered’.
New figures show that gaming taxes accounted for more than 75 percent of the Macao government’s total revenue for the first four months of 2023.
Mainland Chinese are the biggest spenders, followed by tourists from Taiwan and Hong Kong, with shopping topping the expenditure list.