The International Monetary Fund (IMF) has raised its forecast of Macau’s gross domestic growth (GDP) to 13.4 percent for this year, according to its World Economic Outlook – October 2017.
Business
Macau´s gross gaming receipts rose 16.1 percent to 21.4 billion patacas (US$2.7 billion) in September, according to data released by Macau’s Gaming Inspection and Coordination Bureau Sunday.
MGM China Holdings said in a statement that due to damage caused by Super Typhoon Hato the opening of its resort in Cotai would be “slightly delayed” to January 29.
The Macau Monetary Authority (AMCM) urged local banks and other payment institutions Wednesday to refrain from providing services of initial coin offerings (ICOs) and cryptocurrencies.
Businessman and outgoing lawmaker Chan Meng Kam said Wednesday that he was not interested “at the moment” in bidding for a gaming concession.
A symposium on international cooperation in traditional Chinese medicine (TCM) kicked off in Macau Wednesday, focusing on the standardisation of TCM and its entry into the global market.
The public consultation will end on October 26. Three public sessions will be held during the consultation period. In July last year, the bureau told reporters that it was studying the feasibility of a ban on gaming employees entering local casinos during their free time.
SJM Executive Director Angela Leong On Kei said that Saturday’s suspected arson attack at the Grand Lisboa Palace construction site in Cotai was set to delay the opening of the integrated resort.
The findings of a survey carried out by the Macau Management Association (MMA) released Monday show that management staff skills in local companies have improved this year.