Macao Chief Executive Ho Iat Seng said today the government would further strengthen “top-down design” regarding innovation in the field of science and technology (sci-tech).
Business
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).
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.