There was a more than 26 percent month-on-month drop in the total sum of residential mortgages approved in May
Business
The consumer confidence index in the second quarter grew by almost 10 percent during the first quarter, with all six of its sub-indices witnessing substantial gains
The government saw a boost in its gaming tax revenue after the concessionaires earned record profits in May
Property prices in Macao have plummeted by more than 12 percent in the past year, according to the latest figures
Costing a whopping US$1.6 billion to build, the 22-storey 13 Hotel was once dubbed the world’s most luxurious
Some 1.17 million international visitors took a trip to Macao during the first half of this year, bringing the city one step closer to reaching its target of 2 million foreign tourists
Ricky Hoi, the MGTO’s deputy director, says the bureau hasn’t noticed ‘a drop in the number of tourists’ with the scraping of the casino practice
People from the Philippines make up the largest foreign group, followed by workers from Vietnam, Indonesia, Myanmar and Nepal
Some 50,000 square feet of retail and restaurant spaces will be added to Taipa Village through several development projects