But expert voices hope for a steady recovery with revenues for 2023 expected to reach around half of 2019 levels.
Business
Macao will also give away 120,000 airline tickets in a“buy-one-get-one-free” deal for domestic and foreign passengers.
Rapid strides made in tourism and gaming prompt optimistic forecasts from analysts.
Fate of debt-laden property conceived by Hong Kong entrepreneur Stephen Hung remains in balance; creditors must register claims by end March.
Any amount not used by the deadline will be returned to public coffers; 28 February will be final day.
Food and staycation prizes worth MOP 3 million also up for grabs; scheme devised to boost Macao’s post-pandemic economic recovery and market sentiment.
Trade and Investment Promotion Institute President U U Sang confident industry will grow steadily in coming months.
Travel trade networking seminar held to rebuild platform for face-to-face exchanges and discussions between industry operators.
Scientists, educators, health and legal professionals and similar talents resident in GBA can apply for visa granting stays of up to 30 days.