Chinese President Xi Jinping on Tuesday sent a congratulatory letter to the opening of the first conference of the International Forum on Science, Technology and Innovation (ISTIF) of the Boao Forum for Asia (BFA).
Business
The Guangdong Hong Kong-Macao Greater Bay Area (GBA), with a well-established 5G industry chain, could well grow into the world’s leading smart city cluster.
Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor will arrive in Macao Monday afternoon for a two-day working visit.
The operating revenues of Wynn Palace in Cotai fell 97.4% year-on-year to US$15.7 million (MOP 125.3 million) in the third quarter of this year
Gaming operator Melco Resorts & Entertainment Limited reported on Thursday an 85% year-on-year decline in its third-quarter total operating revenues to US$210 million.
Monte do Pasto Group, a company that is part of Macao-based business group CESL Asia, has signed a partnership agreement with Innoliva, a Portuguese company owned up by Cibus Fund, to develop a sustainable regional agricultural project, according to statement jointly issued by Monte do Pasto and Innoliva.
Macao casinos’ gross gaming revenue rose 228.8% from MOP 2.21 billion in September to MOP 7.27 billion (US$910.9 million) last month.
The Macao government expects the local casino industry to generate MOP 130 billion (US$16.25 billion) in gross gaming revenue next year.
Macao gaming operator MGM China announced Friday that its net revenues decreased by 94% year-on-year to US$47 million in the third quarter.