Residential property transactions in August fell 43 percent in comparison to July, while the average price per square metre dropped by 15 percent
Business
Around a quarter of a million visitors entered Macao during the initial two days of the Mid-Autumn Festival holiday, which began on Sunday and will end today
Red tape and lack of a centralised vision are reportedly hampering efforts by casinos to fulfil their contractual obligations to build non-gambling facilities
The Macau Economic Association is optimistic that the city-wide consumption campaign and other events will give the economy a much needed boost
Unsurprisingly, receipts were significantly higher than in 2022, when Covid-19 travel restrictions hampered tourism
The presumptive chief executive met local casino executives yesterday, just two weeks after saying that gambling had had a ‘very large negative impact’ on the city
Occupying a 22,000 square metre site, the facility should be up and running by the end of 2026, the company says
However, the average of new mortgages approved between May and July fell in comparison to the previous three-month period
Weixin Palm Pay has launched at Galaxy Macau, marking the touchless payment service’s debut outside of the Chinese mainland