Amount of hand-out not confirmed; more than MOP 20 billion allocated for subsidies, allowance and benefits next year.
Business
CEO Ambrose So hails summer opening of Grand Lisboa Palace and significant improvement in operating results.
With total liquidity of HK$13.4 billion, casino operator stresses its healthy financial position, looks forward travel restrictions easing.
Government has only collected about half the MOP 50 billion it predicted for gaming tax this year, plans to dip into financial reserves again.
Official study suggests new system would only be feasible once the economy recovers from the effects of Covid-19 pandemic.
First edition of ‘928 Challenge’ delivers MOP 22,000 prize money, aims to foster the development of young entrepreneurs with a global mindset.
Fledgling companies specialising in biotechnology, radiotherapy, biopharmaceuticals and similar areas show the way with pioneering concepts.
Drawing on the experiences of dozens of authors from around the world, the book is likely to become essential reading for officials, students and researchers.
Bill now goes to Legislative Assembly for debate and vote; total budget for the year now MOP 105.8 billion.