Macao’s oldest gaming operator takes a massive hit, but remains optimistic and aims to open Grand Lisboa Palace by mid-year.
Business
The decline is attributed to lower charges for package tours and telecommunications services, gasoline, fresh pork, clothing and footwear.
The MOP 3.5 billion Macao Light Rapid Transit line between Macao and Hengqin island will be built by Chinese state-owned company Nam Kwong and is estimated to be operational in four years time.
2.7 per cent fall means reserves are now 11 times the local currency in circulation.
Homes are cheaper, but office space is more expensive, statistics bureau says.
Potential residents face sharp increase in investment amounts.
Bank of China’s 2020 profits represent a 3 per cent growth year-on-year when compared to 2019.
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 […]