The Japanese currency is trading near its weakest levels since January, lowering the costs of yen-linked goods and services
Business
Early forecasts place gross gaming revenues above 228 billion patacas for the year, exceeding the budget’s revised target set in June
The latest figures from the Statistics and Census Service underscore the continued sluggishness of Macao’s property market
A new local study found that the salaries of around 60 percent of Macao employees remained stagnant, while another 10 percent experienced a salary decrease
There are calls for a direct Macao to Lisbon air link, but officials from both sides warn that economic and operational barriers remain
The premium mass segment led November’s better than expected gaming revenues, extending the yearlong trend of gamers staying beyond popular holidays
Seaport Research warns that the loss of satellite casinos and slow progress at Grand Lisboa Palace could further erode SJM’s market share
There were 118 residential flats sold, a drop of 15 percent in comparison to the second half of October, the latest stamp duty figures show
MPay Tap launches in Macao with app-free tap-to-pay convenience, covering more than 1,000 merchants and offering daily discounts through December