Mainland visitors increased by 674.4 per cent year-on-year to 688,353, with those travelling under the IVS scheme growing by 3,838 per cent.
The pedestrian-only crossing will be a first for Macao, with a one-time checking process for arriving and departing travellers.
Request for emergency funds will be rushed through AL as government seeks to keep Macao’s finances and residents’ livelihoods on course.
To alleviate losses in 2020 due to the pandemic, Air Macau leases five of its planes to Air China for a period of three years.
The outlook is positive, despite last year’s rocky economic performance, thanks to prudent fiscal measures taken by the government, says Fitch.
Launching the digital currency, which is already being trialled in the mainland, could revolutionise casino gaming and Macao’s entire economic scene, experts predict.
Residents can start signing up next month and must finish spending their MOP 8,000 entitlement by December under the new, simpler plan.
Older buildings are marginally less expensive, and even the price of pre-sale residential units has dropped, according to official survey.
The elderly and other specially deserving cases will be first in line for the government bonus, and all entitled residents will be paid by mid-May.
IMF predicts substantial growth this year and next, while unemployment and inflation should both remain low.
Most of Macao’s imports originated from mainland China and Hong Kong (40.2 per cent), France (14.4 per cent) and Italy (13.8 per cent).
A dedicated new government department will oversee all aspects of Macao’s TCM industry, which has played a significant role in combating Covid-19.
Among the unemployed looking for a new job, most were previously engaged in the gaming, junket and construction industry.
Suggestions include either extending consumption vouchers’ validity or scrapping it, while Macao’s shops could also run their own promotions.
Older citizens will be first in line, children last and regular adults in the middle in this year’s MOP 7 billion wealth-sharing scheme.
Cash benefits are part of a major stimulus package that includes tax relief, consumption vouchers, more vocational training and help for the elderly.
For the whole year of 2020, Macao’s GDP declined by 56.3 per cent in real terms while domestic demand shrank by 10.3 per cent year-on-year.
US think-tank lumps Macao and Hong Kong in with China, prompting allegations of “political bias”.
Rates for both the pataca and the Hong Kong dollar fell in 2020, mirroring an overall drop in the funding costs of local banking.
Interest of MOP 31 billion is offset by MOP 46 billion outlay to balance the budget shortfall caused by the ravages of Covid-19.
Massive investment in road, rail, air and sea links includes faster access to GBA neighbours Hong Kong and Macao.
The decline is attributed to lower charges for package tours and telecommunications services, gasoline, fresh pork, clothing and footwear.
2.7 per cent fall means reserves are now 11 times the local currency in circulation.
Homes are cheaper, but office space is more expensive, statistics bureau says.
Bank of China’s 2020 profits represent a 3 per cent growth year-on-year when compared to 2019.
