Since start of pandemic in March 2020, Macao has shed 17% of its non-resident workforce, with almost 31,700 non-resident workers forced to leave the city after losing their jobs.
Business
Around 20 booths will stock tempting products from Portuguese-speaking countries such as Portugal, Brazil and Timor-Leste.
Initiative aims to attract international investors to participate in bond-related activities in Macao, contributing to renminbi’s internationalisation.
Unemployed construction and gaming industry workers swell jobless numbers to 15,600; Covid-19 outbreak largely to blame.
Workshops held before October event demonstrate use of online exhibition tools and live streaming to expand product promotion and sales channels.
City marks negative growth for three consecutive quarters and highest unemployment rate in nearly 15 years.
Maximum number of gaming tables and slot machines set at 6,000 and 12,000 respectively while minimum annual revenue must not dip below MOP 7 million and MOP 300,000 million.
Government’s total income – including both current and capital receipts – fell 4% year-on-year to MOP 58.07 billion in first seven months of 2022.
Macao Urban Transformation and Development Dialogue will feature speakers from Europe, Asia and Middle East looking at global development initiatives.