The government’s total current revenue fell 61.9% year-on-year to MOP 28.53 billion in the first seven months of this year, the Financial Services Bureau (DSF) announced on Wednesday.
Business
US gaming operator Wynn Resorts (Macau) has set up a foundation with an initial fund of MOP 10 million (US$1.25 million) to promote Macao’s “prosperous and harmonious development”, according to the foundation’s statues published in the Macao Government Gazette (BO) today.
The government’s 2019 foreign exchange reserves, fiscal reserves and Guangdong-Macao Cooperation and Development Fund’s investment scheme have been reviewed and the follow-up committee is satisfied with its investment performance.
The Federal Register of the United States has announced the lifting of special measures imposed on Macao’s Delta Asia Bank, and the withdrawal of the Notice of Finding involving the local bank.
Due to the socio-economic impact of the Covid-19 pandemic, Macao’s population fell by 10,700 quarter-on-quarter to 685,400 at the end of the second quarter
The Economic Services Bureau (DSE) reminded the public in a statement on Sunday that its “special feature shops programme” was launched last month to promote 41 small and medium-sized enterprises (SMEs) and prepare them for the post-Covid-19 reopening of the city.
The 2020 ASEAN Gaming Summit that was to take place in Macao has been cancelled, announced today by its organisers.
A total of 2,438 new companies were registered in Macao in the first half of this year, down by 25.6% year-on-year, the Statistics and Census Bureau (DSEC).
Wynn Macau said that its total operating revenues fell 98.2% year-on-year to US$20.6 million (MOP 163.9 million) in the first quarter of the year.