October’s composite consumer price index saw a 1.10 percent year-on-year rise, with tuition fees experiencing the biggest price hike.
Business
The development in Hengqin comprises more than 4,200 units spread over 27 residential towers, as well as a school and community facilities.
The government has been running training sessions geared towards sharpening the SAR’s competitive edge in the international MICE arena.
The cumulative total for the first three quarters exceeds 2019’s but consecutive quarterly declines in 2023 have retailers concerned.
The so-called Tourism Sources Expansion Package will see perks handed out in a bid to lure travellers from new markets.
There are roughly 8,500 people working in full-time financial sector jobs in Macao, according to the latest figures from the Statistics and Census Service.
Secretary for Economy and Finance Lei Wai Nong also predicted that gross gaming revenue for 2023 could top 200 billion patacas.
In the first ten months of this year, about four percent of Macao’s resident workforce found jobs through the Labour Affairs Bureau.
A subsidy of up to 250 patacas per person, per night, has been available to travel agencies bringing groups of tourists to Macao.