Official estimates indicate that tourist arrivals are expected to stay flat this summer on a year-on-year basis
Business
The probe comes amid widespread dissatisfaction over the difficulty of getting a taxi in Macao, which has far too few taxis to meet demand
Analysts were expecting a slump in gross gaming revenue following the traditionally busy May Day holiday period
The move will make travel from the SARs to the Chinese mainland far easier, doing away with the need to apply for visas
The new organisation will be called the Commerce and Investment Promotion Institute in English, but retain the Portuguese initials IPIM
Increased visitor numbers have led to more job opportunities in Macao’s hospitality sector, while employment in construction has decreased
The new policy will see the duty-free threshold increase to 12,000 yuan, although the limit can be raised to 15,000 if a visitor shops at stores located at border crossings
As smart tables become increasingly common in Macao’s casinos, distribution of gross gaming revenue will change, according to a new study
The gaming operator’s new management intends to revitalise the company with a greater focus on global investment and mass market appeal