Macao’s airport operator says it’s working to establish more mid- and long-haul flight routes to help boost visitor numbers.
Business
Boosting the Macau International Airport’s capacity to 13 million passengers per year is a key part of the government’s newly proposed five-year plan for economic diversification.
The novel financial market, MCEX, re-positions Macao as an industry pioneer – and opens up a new path for small businesses looking to grow.
Under its new gaming concession, MGM’s two integrated resorts were awarded almost 200 more gaming tables.
The gaming operator attributes its improving performance to open borders and new offerings – including the luxury hotel, Epic Tower.
Set to start work in December, the more than 400 staff at Macao’s new hospital won’t experience the limitations of the government’s public servants system.
The Southeast Asian countries have been identified as key potential sources of foreign tourists for Macao, with Indonesia ranking 5th and Malaysia 9th so far this year.
There are already 200 sailings between the SARs during weekends, but rising tourism demand will increase the number of ferry crossings over the holiday period.
Macao lost nearly 30,000 non-resident workers over Covid. Less than half that number has returned.