Only 28 bidders for the first phase of this year’s Taipa market, which is a 30% decrease year-on-year.
Business
Gaming operator SJM to give eligible employees a “living subsidies” equivalent of 1.5 or two months’ salary.
December marks the 15th consecutive month of year-on-year declines since October 2019.
Macao’s imports rose by 56.6% year-on-year to MOP 13.4 billion in November.
Macao’s 120 hotels and guesthouses recorded 473,000 guests last month, a month-on-month growth of 8%, but a year-on-year decline of 59.3%.
Macao is set to host a tech fair next year to match the famed International Consumer Electronics Show (CES) in Las Vegas, the US online newspaper TechCrunch reported this week.
Chief Executive Ho Iat Seng said that “anything is possible” concerning the timing of the bidding process for Macao’s gaming concessions which expire in June 2022.
Gaming operator SJM on Thursday announced that its popular Grand Lisboa New Year Countdown Show will be cancelled this year.
In a report released Friday, the CA criticised the publicly funded Macau Investment and Development Limited for ignoring cost-efficiency principles when making decisions on how to develop the park.