January’s MOP 11.58 billion GGR up by 232.56 per cent month-on-month but around half receipts of MOP 22.12 billion prior to pandemic in January 2020.
Business
Applicants must be Macao residents, aged under 36, who graduated from tertiary education institution between 2019 and 2022; deadline 15 February.
Monthly earnings fall across the board, with workers’ wages down by average of MOP 900.
CEO Robert Goldstein remains ‘deeply confident’ in future of Macao and considers it an ideal market for additional capital investment.
Petrol, fruit, eating out, helpers’ wages and electricity all more costly, however pork, telecoms and residential rents cheaper.
Industry expert says next generation should be educated and allowed to decide instead of being told what to do.
Ho says Macao will strive to see that non-gaming industries account for 60% of GDP, while building sustainable industrial structure that fits city’s reality.
Around 3 million Hong Kong visitors expected by year’s end, less than half pre-pandemic annual total of 7 million.
However MOP 10,000 annual cash handout, as promised in 2023 Policy Address, to go ahead later this year.