The local casino industry paid 7.64 billion patacas (US$949.7 million) in gaming taxes to the government in April, a drop of 3.9 percent in comparison to March
Business
The index is expected to range from 5.9 points and 6.2 points between May and July, which the MEA says is a reflection of the city’s short-term economic resiliency
Residential units saw a marginal rise of just 0.4 percent compared with the fourth quarter of 2024, and grew 4.5 percent year on year
The 16th International Infrastructure Investment and Construction Forum & Exhibition (IIICF) will be held in Macao from 10 to 12 June, with expanded exhibition space
Macao’s government is looking to launch an industrial fund and a technology achievement transformation orientation fund, pending the results of a feasibility study
The SAR’s top official says companies acting ‘in an orderly and lawful manner’ will be ‘protected and supported’ by the local government
Such investments ‘should be viewed as equivalent to public funds,’ lawmaker Ron Lam told the Legislative Assembly earlier this week
The mainland’s sluggish economy, the changing demographic of the city’s tourists, and regional competition are working against local casinos, an academic says
New guidelines allow qualified Macao and Hong Kong investors to establish securities and fund companies in the GBA, and acquire stakes in mainland futures companies