The latest figures spell ongoing woe for the city’s shop owners, who are struggling in the face of mainland competition and changing consumption patterns
Business
The three-month campaign was launched to help the city’s struggling retailers and restaurateurs, who have been reeling from mainland competition
Domestic tourism remained the mainstay, with significant growth in visitors from the Greater Bay Area, the full-year figures show
Their first day working together was ‘very smooth,’ according to Benjamin Chan, chairman of the Monetary Authority of Macao
The Macau Economic Association’s Lao Pun Lap says fewer tourists are choosing to buy luxury goods or even stay overnight in the city
Local industry expert, Cheung Kin Chung, expects Macao’s hotels to be around 90 to 95 percent full during the Lunar New Year period
The head of the SAR’s tourism office reckons a total of 39 million visitor arrivals is the best-case scenario for this year
The Gaming Inspection and Coordination Bureau will launch a recruitment drive in the hopes of adding a large number of casino-based inspectors to its payroll
The index is based on 13 criteria, ranging from casino revenue to tourism arrivals, unemployment and hotel occupancy