Due to start within the next few months, the auctions aim to raise public revenues and ease Macao’s housing high-priced market.
Business
GDP now stands at MOP 55.4 billion as exports show significant increase and visitor arrivals pick up after a dismal 2020.
Poor casino revenues impacted by Covid-19 compel government to dig into Macao’s reserves for the third time this year.
Macao-owned and operated company paints a healthy vision of e-powered transport in the city.
Chief Executive Ho Iat Seng says officials still working on revising law and preparing tenders, urges those concerned not to worry.
Project costing US$1.3 billion will comprise two hotel towers with 900 rooms and suites, Asia’s largest indoor and outdoor water parks and a six-screen Cineplex.
Three expos this weekend feature huge variety of transport, from RMB 1 million yachts to mainland’s state-of-the-art manned electric Ehang 216 aircraft.
Casino boss praises developments in Hengqin and applauds near 100% vaccination rate among staff.
Wynn Resorts CEO Matt Maddox to leave company at the end of January, to be replaced by current CFO Craig Billings.