Some 447,000 residents collect benefits on first day of scheme; money can be used to settle utility bills or for regular shopping until end of February 2023.
Business
Macao’s total gross gaming revenue in the first five months decreased by 44 per cent year-on-year to MOP 23.79 billion.
First two events attracted more than 210,000 visitors combined; this year’s carnival includes karaoke contest, little kids’ cooking workshop and street dance competition.
The Londoner Macao’s 6,000-seat arena ready for action later this year; another ceremony on drawing board for property’s full opening.
Most used to work in hotels, restaurants or gaming industry; government seeks to encourage graduates to join internship scheme.
Government launches MOP 300 million scheme, running from June to August, to offset negative effects of Covid-19.
Covid-19 travel restrictions hit gaming industry with knock-on effect on city’s overall economy.
Overall unemployment rate now stands at 3.5%; most job-seekers used to work in construction or gaming industries.
Complex transfer involving bond issue should clear way for company to retender for gaming concession at year’s end.