Chief Executive Ho Iat Seng told legislators in April that the Macao government would “proactively promote” the emergence of a local bond market.
Business
Mainland China, Hong Kong and Taiwan remain the biggest source of visitors, but overnight visitors are staying for shorter periods, the latest figures show.
Public works chief Raimundo do Rosário says the sell-off – Macao’s first in years – “won’t be within days” but “maybe in some weeks or even months.”
New figures show that gaming taxes accounted for more than 75 percent of the Macao government’s total revenue for the first four months of 2023.
Mainland Chinese are the biggest spenders, followed by tourists from Taiwan and Hong Kong, with shopping topping the expenditure list.
Nearly 40 percent of the government’s targeted gross gaming revenue for 2023 has been made in the first four months of the year, data shows.
Daisy Ho, chair of SJM, says ‘After several years facing challenges caused by the pandemic, SJM has turned an important corner’.
Want an idea of what you might be riding to work in the not too distant future? Check out these vehicles on display at BEYOND Expo 2023.
Presenters at the consumer tech summit discuss the implications of a technology already having a massive impact on the world around us.