Macao’s annual wealth-sharing handout next year will once again be paid out in cash, Secretary for Economy and Finance Lei Wai Nong has told lawmakers.
Business
Macao’s general unemployment rate and local residents’ jobless rate of local residents for August-October remained unchanged at 2.9% and 4.1%.
Macao’s exports and imports in the first 10 months of the year fell by 18.1% and 7.1% to MOP 8.6 billion (US$1.08 billion) and MOP 67.4 billion respectively.
The number of meeting, incentive, conference and exhibition (MICE) events held in Macao in the third quarter and the total number of participants both increased quarter-to-quarter, the Statistics and Census Bureau (DSEC) announced on Thursday.
Grand Lisboa’s occupancy rate could reach about 50 per cent next month, its manager, Henry Kong Fuk Leung, said on Thursday.
Until Tuesday, the second phase of the government’s consumption subsidy smartcard scheme had injected around MOP 2.9 billion to into the local market, an Economic Affairs Bureau (DSE) statement noted on Thursday.
The Austrian Chamber of Commerce in Hong Kong and Macao has become the latest National Chamber Member of the Macau European Chamber of Commerce (MECC), MECC President Carlos Duque Simões said in a speech on Thursday.
Wynn Resort (Macau) hosted the 2020 Wynn Local SME Procurement Partnership Meeting and E-Commerce Forum on Wednesday, aiming to serve as a starting point for the transformation and upgrading of local small and medium-sized enterprises (SMEs).
The tentative opening date of the Londoner Hotel, located where Holiday Inn was previously, is in February, Sands China President Wilfred Wong Ying-wai said on Wednesday.