Among the unemployed looking for a new job, most were previously engaged in the gaming, junket and construction industry.
Business
Back in the black for 2020, the group has plans to spread its wings wider with two VIP gaming clubs in Cotai.
Trade flourishes as a wide spectrum of businesses seek out opportunity and profit in Latin America.
Suggestions include either extending consumption vouchers’ validity or scrapping it, while Macao’s shops could also run their own promotions.
Older citizens will be first in line, children last and regular adults in the middle in this year’s MOP 7 billion wealth-sharing scheme.
Casino licenses will expire in June 2022, but analysts predict they may well be extended due to the pandemic. Public consultation is still due to go ahead.
Cash benefits are part of a major stimulus package that includes tax relief, consumption vouchers, more vocational training and help for the elderly.
For the whole year of 2020, Macao’s GDP declined by 56.3 per cent in real terms while domestic demand shrank by 10.3 per cent year-on-year.
Late casino magnate’s daughter sells off another MOP 460 million in MGM shares, prior to what insiders say is likely a return to the family business.