The 8.9 percent drop in Hong Kong visitors over the Lunar New Year stoked fears that tourists from the sister SAR are shunning Macao for Shenzhen
Business
The chair of the Industry and Commerce Association says letting more Guangdong cars enter the SAR will bring additional customers for local businesses
The city saw just 176 residential flats sold last month, with Coloane’s sales dropping by 84 percent against those in January
New trading tools and closer financial ties between the regions are paving the way for smoother transactions, increased investor participation, and enhanced market access
The impairment will now see Melco record a group-wide net loss for last year of between US$199 million and US$223 million
Job vacancies in Macao’s retail sector fell dramatically in the fourth quarter of 2024, while wages also experienced a slight drop
The tourism bureau plans to relaunch discount schemes for international arrivals headed to the SAR via bus or ferry from Hong Kong
The value of new commercial property loans surged to 1.46 billion patacas (US$182.3 million) in January, compared with December, the latest figures show
The most budget-conscious punters are placing lower bets, due to economic headwinds in the mainland, raising questions around strategy for the SAR’s casinos