This means their eligible residents will be able to spend up to seven days in Macao every three months – translating into more visitors for the SAR.
Business
As many as 500 new taxis are expected to come into service, with the Transport Bureau publicly releasing the results of last year’s taxi licence tender.
The loss attributable to owners of the company fell dramatically to HK$74 million compared to the comparable 2023 figure of HK$869 million.
Ranked by per capita GDP adjusted for purchasing power parity, the city is second only to Luxembourg on a list of the world’s 100 wealthiest places.
Indonesia’s Minister of Manpower was in the SAR this week, advocating for non-resident workers’ rights.
The three-day tourism gathering brings together hundreds of delegates for meetings on everything from hotel trends to the impact of AI on the travel trade.
The number of non-resident workers in the city is growing however, with the data showing that the hotel and restaurant sector has made the most gains.
The figures predate last month’s market-boosting measures, but Macao realtors nonetheless say it will take time for prices to recover.
Maria Helena de Senna Fernandes was part of a panel discussion that ‘zeroed in’ on the challenges and opportunities for women in the tourism industry.