Macao’s overall residential property price index for June-August decreased by 0.3% over the previous survey period (May-July) to 268.0.
Business
Bank of China, Limited (BOC) and Banco Nacional Ultramarino, SA (BNU) will both remain the issuers of the Macao currency until 2030, based under new agency contracts for the issuance of banknotes that had been signed today.
The government has relinquished all its shares in the Macau New Technologies Incubator Centre (Manetic) which, notwithstanding the government’s retreat, will continue to operate.
SJM executive-cum-lawmaker Angela Leong On Kei told reporters that there is a high probability that the opening of the Grand Lisboa Palace casino-hotel resort in Cotai will be postponed until next year.
Due to the economic impact of the Covid-19 pandemic, Macao’s wine imports fell by nearly 47 per cent to about MOP 245 million in the first half of the year, public broadcaster Rádio Macau-TDM reported this week.
Macao’s number of visitor arrivals in the first four days of the 8-day National Day/Mid-Autumn Festival holiday fell by 87.4% year-on-year to 77,092.
The Hong Kong government is planning to set up a “health code” system that allows quarantine-free travel among Hong Kong, Guangdong and Macao.
Macau Pass plans to extend its MPay electronic wallet to Hong Kong next year in conjunction with the latter’s Octopus Holdings cashless payment platform.
Macao’s visitor arrivals on the first two days of the eight-day National Day Golden Week (1-2 October) fell by 87.2% year-on-year to 37,619.