After a month’s delay, the airline is set to make its inaugural flight to Indonesia’s capital by the end of this month.
Business
Compared with September, October was a good month for tourism in Macao, helped by the so-called Golden Week holiday.
The Macao Institute for Tourism Studies is launching two masters courses in the next academic year that are sure to enhance the city’s much-valued events sector.
The rise far exceeds the roughly 3 percent increase forecast for most local workers in a survey last month.
The third quarter’s total non-gaming spend was up almost 30 percent when compared to the same three-month period in 2019.
Rutger Verschuren of the Macau Hotels Association says the students could work for up to 20 hours a month without taking jobs from locals.
After a downward trend in the first two quarters, Macao’s residential and business rents saw rises between 0.7 to 4.8 percent in three months ending in September.
The Macau Economic Association thinks the economy is on track to grow this year by more than the already very respectable 74.4 percent forecast by the IMF.
The prestigious event brings key industry players together to hash out the future of tourism in the region and gives Macao an opportunity to showcase its own offerings.