The sum represents the first time this year that gross gaming revenue has met the government target of at least 20 billion patacas (US$2.47 billion) a month
Business
The collaboration with Xiaohongshu has resulted in a training programme that will help local SMEs expand their digital presence
Last month saw Macao’s average hotel occupancy rate hit 87.8 percent, with 5-star properties achieving occupancy of 90.9 percent, according to the statistics bureau
The firm noted that while the SAR still has a very low credit risk, its ‘tight economic, political and institutional’ ties with an economically battered mainland pose challenges
The first quarter’s Survey on Manpower Needs and Wages shows a year-on-year increase of 68 full-time employees in a sector that desperately needs more recruits
The Small and Medium Enterprises Working Group meeting took place in Japan last week to promote sustainable development for smaller businesses in the region
The tourism bureau’s four-day ‘Experience Macao’ roadshow kicks off in Seoul on 30 May, and will paint the SAR as a ‘romantic’ destination for young adventurers
Macao’s top-tier hotels charged almost 8 percent less for a room, on average, during the first four months of the year than during the same period a year prior
Equity analyst Jeffrey Kiang predicts that rising consumer sentiment in mainland China will be positively felt by casinos next year