More than 200,000 residents pick up their MOP 8,000 on first day; scheme’s validity expires on 28 February next year.
Business
Households stand to get MOP 300 a month, while businesses are in line for MOP 3,000; scheme set to run for six months.
Performance attributed to low interest rates and increased economic uncertainty in Macao and around the world.
Group plans to work with universities and companies to educate locals on Web 3.0; French village food market planned for this autumn.
Lawmaker Chan Chak Mo insists on workers’ rights in keeping with Labour Relations Law; new gaming bill due to go before legislature next month.
Lawmakers drill down on final detail as bill to reshape gaming industry heads toward Legislative Assembly on 26 June.
Officials also imply that “satellite casinos” run by third-parties on real estate not owned by gaming operators will be allowed to continue.
Chairman Lui Che Woo points to solid balance sheet of HK$24.5 billion in cash, looks forward to Macao’s future recovery.
CEO Craig Billings stresses company remains confident and market will bounce back once travel restrictions are relaxed.