The Macao-based casino equipment supplier’s foray into the local assembly of gambling hardware is expected to boost the city’s manufacturing sector
Business
The investment bank noted that the economic impact of US-China trade war will likely be felt by Macao’s casinos, resulting in a sizeable sequential decline in GGR
Macao’s chief executive announced the plans at a legislative session yesterday in the wake of his policy speech, aligning with central government calls for development
Students would spend two years at the University of Macau and another two at the Shanghai institution, graduating with bachelor’s degrees from both
U Io Hong, a local gaming insider, believes that Macao’s casinos will reap less revenue during the upcoming Labour Day holiday, as a result of the US tariffs
Analysts say that an unpredictable, increasingly protectionist US is a perfect opportunity for China to highlight its reliability as a trading partner
Macao’s direct exposure to US trade tariffs is fairly limited but a weaker Chinese RMB could be problematic for Chinese tourists visiting the city
New residential mortgage loans fell from 1.33 billion patacas (US$165 million) to 724.09 million patacas (US$89.8 million) between January and February
Some say escalating Sino-US tensions could lead to Beijing forcing American-owned casinos in Macao to divest, while others argue there are far larger targets