The first phase of the Macau Economic Database project by the University of Macau’s (UM) Centre for Macau Studies (CMS) and Department of Economics completed its first phase.
Business
The government aims to complete formulating its guidelines on the method the city’s government-owned enterprises should announce their financial information and start implementing the guidelines next month.
Macau’s gaming revenue in December slipped for the third straight month, marking the worst annual decline since 2015
The number of visitors who arrived in Macau in November by sea, approximately 413,700, represented a decline of 39.0% year–on–year.
Macau and Zhuhai governments have since beginning of the year started planning on a housing project in Hengqin Island.
The Light Rapid Transit (LRT) system has carried over 200,000 passengers since the launch of its service on December 10, Secretary for Transport and Public Works Raimundo do Rosário said.
The Legislative Assembly unanimously passed the government’s 2020 budget bill.
The construction of the new border between Macau and Zhuhai on Hengqin Island is expected to be finished by Dec 20-the 20th anniversary of Macau’s return to China.
Macau’s development achievements over the past 20 years have demonstrated the vitality of “One Country, Two Systems,” a senior Chinese diplomat said.