Cash injection will help Macao get back on its feet after suffering the effects of Covid-19 for over a year.
Business
New factory will significantly extend the country’s largest private car manufacturer’s global reach.
New venture will throw up a challenge to China, which currently supplies almost all of Europe’s requirements of the precious commodity.
Mainland visitors increased by 674.4 per cent year-on-year to 688,353, with those travelling under the IVS scheme growing by 3,838 per cent.
The pedestrian-only crossing will be a first for Macao, with a one-time checking process for arriving and departing travellers.
Request for emergency funds will be rushed through AL as government seeks to keep Macao’s finances and residents’ livelihoods on course.
New York’s fast-casual chain opens at The Londoner Macao in Cotai offering a host of locally themed treats.
To alleviate losses in 2020 due to the pandemic, Air Macau leases five of its planes to Air China for a period of three years.
The outlook is positive, despite last year’s rocky economic performance, thanks to prudent fiscal measures taken by the government, says Fitch.