Figure also shows 23 per cent drop from previous month’s GGR, a setback just as Macao began to recover from its summer Covid-19 outbreak.
Business
Big health, modern finance, high technology and culture and sports professionals especially sought-after; tax benefits on offer for successful applicants.
Macao universities score well in international rankings. Students encouraged to volunteer to assist at 15th National Games which Macao will co-host in 2025.
All united in gratitude to the government – and make a point of underlining commitment to promoting Macao’s status as ‘a world centre of tourism and leisure’.
MGM Grand Paradise, Galaxy Casino, Venetian Macau, Melco Resorts (Macau), Wynn Resorts (Macau) and SJM Resorts commit to investing MOP 100 billion over the next 10 years following 3 years of severe Covid-19 losses.
MOP 22 billion allocated for infrastructure projects, MOP 650 million to attract more visitors as city focuses on big health, modern finance, hi-tech, and MICE.
Internship programme suffers high drop-out rate, with 200 out of 500 quitting; Finance Secretary admits 5% unemployment rate ‘not low’.
Renovated store is group’s biggest and first ‘green’ premises; grand opening of T Galleria at The Londoner Macao takes place this Friday.
Covid-19 restrictions hammer the economy across the board; GDP down 27% in first three quarters of 2022.