The new policy will see the duty-free threshold increase to 12,000 yuan, although the limit can be raised to 15,000 if a visitor shops at stores located at border crossings
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.
Lin Zijun of MUST says population decline is on the cards if Macao doesn’t lift its birth rate and fertility rate soon
As smart tables become increasingly common in Macao’s casinos, distribution of gross gaming revenue will change, according to a new study
The new bridge system will reduce travel times between the two GBA cities to just 20 minutes – eliminating the need to skirt around the Pearl River Delta
Under a new initiative, between 650,000 and 900,000 patacas in production costs are available for selected productions
The South American nation becomes the latest – and the largest – country to decriminalise use and possession of small amounts of marijuana
Professor Carlos Monteiro argues that since UPFs and cigarettes both cause ‘serious illnesses and premature mortality,’ governments should restrict them in the same way
The gaming operator’s new management intends to revitalise the company with a greater focus on global investment and mass market appeal
Macao’s real estate market saw a rise in both sales and property prices in May, a month after the axing of punitive duties intended to curb speculation
The nine-storey shopping centre will house luxury retailers such as the DFS Group and will also feature dining options in its underground floors
Five-star hotels performed the best, posting an average occupancy rate of 85.3 percent, several points higher than four-star hotels at 79.7 percent
Seaport Research Partners forecasts that casino operators’ collective non-gaming revenue will total US$4.9 billion this year, and US$5.3 billion in 2025