Bosses applaud the end of China quarantine, vaccine roll-out and balance sheet uptick, and look forward to even better results in March and May Golden Week.
Business
Rates for both the pataca and the Hong Kong dollar fell in 2020, mirroring an overall drop in the funding costs of local banking.
Airport chief hopes flying a mix of passengers and cargo will be a new revenue stream, after facing up to unprecedented challenges in 2020.
Interest of MOP 31 billion is offset by MOP 46 billion outlay to balance the budget shortfall caused by the ravages of Covid-19.
Massive investment in road, rail, air and sea links includes faster access to GBA neighbours Hong Kong and Macao.
A luxury hotel, a concert hall and extensive exhibition space will add to Cotai’s attractions, and the company is already eyeing further development.
Macao’s oldest gaming operator takes a massive hit, but remains optimistic and aims to open Grand Lisboa Palace by mid-year.
The decline is attributed to lower charges for package tours and telecommunications services, gasoline, fresh pork, clothing and footwear.
The MOP 3.5 billion Macao Light Rapid Transit line between Macao and Hengqin island will be built by Chinese state-owned company Nam Kwong and is estimated to be operational in four years time.