The positive balance arrived courtesy of better-than-forecast gaming tax revenue, but mainly came down to significant spending cuts.
Staff Reporter
The news desk at Macao News works diligently to bring you all the latest happenings as quickly as possible. Staff reporter duties are shared by Kenny Fong, Amanda Saxton, Sara Santos Silva and Erico Dias, working under the direction of managing editor Aidyn Fitzpatrick.
The Light Rail Transit saw a daily average of almost 14,000 passengers last month, likely due to the new Taipa-Barra extension.
Imam Ding Shao Jie says the congregation has outgrown the city’s 172-year-old mosque and is hoping to get approval for a new place of worship.
Taking place across the second half of January, the event promises a stimulating array of performances spanning music, dance, acrobatics and more.
The Portuguese energy company is selling its stake in the territory’s sole electricity provider, which it held through a subsidiary.
With the renewal of its 2024 hotel licence and renovation work apparently underway, the ultra-luxury hotel could potentially reopen its doors to the public later this year.
The chairman of the FMCC has been made a Knight of the National Order of Merit for his contribution in strengthening ties between France and Macao.
In its first year since the reopening of borders, Macao saw a 70 percent recovery in visitor arrivals compared to pre-pandemic 2019.
Ho Iat Seng’s message reflected on 2023 and expressed optimism for 2024 – when Macao will mark a quarter of a century since its handover to China.
Foreign and Taiwanese travellers will be eligible for the perk, in a bid to boost tourism via Macao’s sister SAR.
That’s what the government is aiming towards – and a newly unveiled strategy reveals how it hopes it will get there.
The legislation has been pushed through by a conservative majority, but opponents vow to challenge it in court.