Guangdong province, in South China, will accelerate the development of the intercity railway network in the Guangdong-Hong Kong-Macao Greater Bay Area to help boost the local economy.
Business
Macao’s consumer price inflation rate amounted to 0.81 per cent last year, one of the lowest in recent years.
The financial reserves of the Macao Special Administrative Region (MSAR) stood at MOP 620.1 billion (US$77.7 billion) at the end of November last year.
Macao entrepreneurs Xenia Wong and Simpson Lee transformed O.N.E luxury leather handbag line into a 100 per cent vegan operation in August 2020, proving that you don’t need animal leather to be stylish.
The total number of residential property sales in Macao dropped 18.1% year-on-year, which shows a “significant” contraction.
Casino tycoon and American political mega-donor Sheldon Gary Adelson died last night following complications related to treatment for non-Hodgkin’s lymphoma. He was 87.
The Macao government said in a statement on Tuesday that it “expresses its deepest sorrow on the passing of Mr Adelson, and extends its most sincere condolences to his family.”
The Macao government to launch new integrated payment machine “Simple Pay” in the first quarter of the year.
Secretary for Economy and Finance said last month he expected this year’s government GGR tax receipts to be around MOP 130 billion, which is around MOP 10 billion per month.