Representatives of Macau’s two note-issuing banks, Banco Nacional Ultramarino (BNU) and the local branch of Bank of China (BOC) visited three Portuguese-speaking countries (PSCs) last month.
Business
“We look forward to the continuation of our gaming concession, joining hands with the government and the people of Macau in creating a new chapter in the city’s growth story,” said the gaming company’s Board Chairman Ambrose So Shu Fai.
Gambling revenue in Macau fell 5 percent in January, the first drop in more than two years, Macau’s Gaming Inspection and Coordination said on Friday.
Macau’s imports of beauty, cosmetics and skin-care products rose by 51.5 percent to 4.8 billion patacas last year, the Statistics and Census Bureau (DSEC) has announced.
Operating revenues from Wynn Palace were US$740.6 million for the fourth quarter of 2018, up 12.8 percent year-on-year.
Local residents’ unemployment rate dropped by 0.3 percentage points to 2.4 percent year-on-year last year, the Statistics and Census Bureau (DSEC) said in a statement .
A conservative US think tank has given Macau top marks for its “fiscal health.”
Pansy Ho Chiu King, co-chair of gaming operator MGM China, has struck a strategic alliance that boosts her control of rival casino concessionaire SJM Holdings, global newswire Reuters reported Thursday.
Macau’s inflation rate amounted to 3.01 percent last year, up by 1.78 percentage points from the 1.23 percent rate in 2017, the Statistics and Census Bureau (DSEC) announced .