Macao’s real estate market saw a rise in both sales and property prices in May, a month after the axing of punitive duties intended to curb speculation
Business
The nine-storey shopping centre will house luxury retailers such as the DFS Group and will also feature dining options in its underground floors
Five-star hotels performed the best, posting an average occupancy rate of 85.3 percent, several points higher than four-star hotels at 79.7 percent
Seaport Research Partners forecasts that casino operators’ collective non-gaming revenue will total US$4.9 billion this year, and US$5.3 billion in 2025
STDM has been granted a 60-month concession on the basis it will pay the government 18 percent of pre-tax profits from terminal operations
A senior company official says it will retain its current branding even as it expands its reach beyond Macao’s borders
T Galleria’s operator is reportedly urging staff to take at least six days’ holiday without pay this summer, in a bid to avoid layoffs
Both employee confidence and satisfaction have risen, according to a poll by the Macau University of Science and Technology
The report, published by Macau Polytechnic University, examines the post-pandemic realities of gambling in Macao and the reasons behind them