Bank of China’s 2020 profits represent a 3 per cent growth year-on-year when compared to 2019.
Business
A multinational tech company has offered a lifeline to unemployed youths in Macao after launching an internship programme.
Macao’s latest integrated-resort – MOP 15.2-billion (US$1.9 billion) The Londoner Macao – threw open its doors officially today on the Cotai Strip. The Brit-themed resort – part of the reimagined Sands Cotai Central – is scheduled to expand rapidly over the coming year to include more accommodation, a revamped shopping mall, the Big Ben replica […]
Analysts reckon Macao may benefit from the crackdown.
Wynn Resorts announced that for the year ended 31 December 2020, operating revenues decreased US$2.04 billion at Wynn Palace and $1.60 billion at Wynn Macau.
But city needs to attract foreign investment says Institute of Management President Samuel Tong Kai Chung.
Macao’s gross gaming revenue rose to MOP 8.02 billion (US$1 billion) in January.
The bureau will move from the Secretariat for Social Affairs and Culture to the Secretariat for Economy and Finance.
Residents and businesses could be in line for a third round of financial support measures if something “unexpected” happens.