IMF predicts substantial growth this year and next, while unemployment and inflation should both remain low.
Business
Most of Macao’s imports originated from mainland China and Hong Kong (40.2 per cent), France (14.4 per cent) and Italy (13.8 per cent).
A dedicated new government department will oversee all aspects of Macao’s TCM industry, which has played a significant role in combating Covid-19.
Record numbers of visitors, drawn by Macao’s healthy reputation, are streaming back into the city bound for its casinos.
Neither gaming nor junket operators may get involved in the election process, and the ban extends to their staff who are not even allowed to store campaign material at work.
Among the unemployed looking for a new job, most were previously engaged in the gaming, junket and construction industry.
Back in the black for 2020, the group has plans to spread its wings wider with two VIP gaming clubs in Cotai.
Trade flourishes as a wide spectrum of businesses seek out opportunity and profit in Latin America.
Suggestions include either extending consumption vouchers’ validity or scrapping it, while Macao’s shops could also run their own promotions.