US think-tank lumps Macao and Hong Kong in with China, prompting allegations of “political bias”.
Business
Company appeals court decision, which ruled that the resort’s sought-after, photogenic gondola rides are definitely a tourism offering.
Receipts were down 63 per cent in January, well below what the government is planning to net from casinos this year.
Executives label the sale “bittersweet” while pointing to Macao and other parts of Asia as the focus for future investment.
Cutting-edge technology and design plus traditional service combine to ramp up the city’s hospitality offerings: there’s even a special Singapore Sling for Macao.
Gross gaming revenue rose 136 per cent in February to MOP 7.3 billion, the first time in 17 months.
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.
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.