The Macao Special Administrative Region’s (MSAR) average residential property price dropped to below MOP 100,000 (US$12,500) per square metre last month.
Business
Future Bright Holdings’ turnover in Macau dropped 82.1% year-on-year to HK$32.4 million in the second quarter of this year.
Wynn Macao has announced that is operating revenue decreased 79.2% to HK$3.97 billion in the first half of this year.
Global Gaming Expo (G2E) Asia said in a statement on Thursday that it is rescheduling its events scheduled for this year in light of the ongoing COVID-19 pandemic.
Galaxy Entertainment Group (GEG) Chairman Lui Che Woo said today that “the Macao government continues to perform admirably throughout the [Covid-19] pandemic”.
The government’s total current revenue fell 61.9% year-on-year to MOP 28.53 billion in the first seven months of this year, the Financial Services Bureau (DSF) announced on Wednesday.
US gaming operator Wynn Resorts (Macau) has set up a foundation with an initial fund of MOP 10 million (US$1.25 million) to promote Macao’s “prosperous and harmonious development”, according to the foundation’s statues published in the Macao Government Gazette (BO) today.
The government’s 2019 foreign exchange reserves, fiscal reserves and Guangdong-Macao Cooperation and Development Fund’s investment scheme have been reviewed and the follow-up committee is satisfied with its investment performance.
The Federal Register of the United States has announced the lifting of special measures imposed on Macao’s Delta Asia Bank, and the withdrawal of the Notice of Finding involving the local bank.