The Macau government will subsidise the LRT skytrain operation with more than 1 billion patacas a year, Mak Soi Kun, president of the Legislative Assembly’s Public Finance Affairs Follow-Up Committee, has indicated.
Business
The Macau government intends to hire a consultancy to study the feasibility of opening a stock market in Macau, Macau Monetary Authority (AMCM) President Benjamin Chan Sau San says.
Macau’s economy in the first quarter experienced negative growth year-on-year, primarily due to the high base of comparison in the same quarter of last year.
Melco Resorts& Entertainment Limited announced that it bought a 19.99 percent stake in Crown Resorts Limited from CPH Crown Holdings Pty Limited.
Monday’s Guangdong-Macau Cooperation Joint Conference has resulted in nine agreements covering the next phase of cooperation between the two areas, and reinforced their efforts to press ahead with the objectives envisaged under the plan for the GBA
A forum to be held in Macau later this week aims to be a platform for leaders to exchange ideas and information on infrastructure strategies mainly in connection with the central government’s Belt and Road Initiative (BRI) Yu Xiaohong, vice-president of the China International Contractors Association, said Monday.
Retail sales in the first quarter of this year fell by 1.9 percent year-on-year to 20.38 billion patacas, the Statistics and Census Bureau (DSEC) has announced.
A local group launched a series of events Sundsy promoting the idea that eco enzyme made from kitchen waste can save the planet.
SJM Holdings Executive Director-cum-CEO Ambrose So Shu Fai said on Thursday that the China-US trade war was set to impact Macau’s gaming revenues to some extent if it continues.