Starting 1 March, the Guangdong-Macao In-depth Cooperation Zone will operate a two-tier customs system between Macao, Hengqin and mainland China.
An average of 200 tour groups are predicted to roll into Macao each day. This means licensed bus drivers are in hot demand.
Tian Huiyu, a former president of China Merchants Bank, was found guilty of bribery, insider trading and abuse of power by a mainland Chinese court.
It’s the SAR’s second year running with more five-star hotels than anywhere else in the world, though the city’s historic rival London was close on its tail.
JLL Macau wants the government to drop all property market cooling measures, a move he says was key to realising buyers and sellers’ expectations.
The chief executive has personally exempted the six concessionaires from paying Macao’s 12 percent tax rate on profits over 600,000 patacas.
The Melco chairman’s private investment firm is setting up an entertainment company with Yeung to run nightclubs and other establishments in the region.