The lifting of the ‘de minimis’ rule will see low value packages from China and Hong Kong being hit with either a 30 percent tariff or a US$25 fee from 2 May
Business
Seaport Research Partners expects this month’s gross gaming revenue to stay flat or decline slightly following mass arrests at Macao pawn shops
Industry safety disclosures have been inconsistent, noted Cambridge academic Andrew Blake, speaking by video link at a University of Macau symposium
The SAR’s residential property transactions grew by 14 percent between the second half of February and the first half of March, while its property prices fell by 10 percent
Despite rising visitor numbers and hotel occupancy, tourists’ per-capita spending has dropped, impacting overall revenue projections for 2025
The SAR’s finance chief has offered assurance that these investments are being rigorously monitored in accordance with the operators’ current contracts
Latest figures reveal a significant rise in jobseekers from sectors worst hit by the drop in tourist spending and exodus of Macao consumers to neighbouring mainland cities
GGR last month amounted to 19.66 billion patacas (US$2.45 billion), marking an increase of only 0.8 percent year-on-year and a monthly decrease of 0.4 percent
Despite a significant increase in passenger numbers and operating revenue, Air Macau’s financial struggles deepened last year, with net losses ballooning