Industry leaders say Macao has the potential to become an e-sports hub, but its growth remains slow due to funding and infrastructure challenges
Business
The University of Macau updated its January GDP forecast due to the US tariffs, which have led to a downturn in the global economy, sparking fears of a worldwide recession
Andy Wu of the Travel Industry Council said that the weakened purchasing power of the yuan will result in less spending in Macao by mainland tourists
In wildly erratic behaviour, US leader Donald Trump has announced a 90-day respite on tariffs he imposed on most countries – but sharply increased China’s
Lao Chi Ngai says tariffs will lead to less spending among mainland tourists and drive more locals to spend on the mainland, where prices are lower
The head of the Macau Airport Company is paid 2.87 million patacas (US$361,687) per year, with other top earners also originating from the aviation and media sector
US tariffs, the recent earthquake and strong domestic opposition have prompted the Thai government to press pause
The index fell by 0.9 percent between the two periods between November 2024 and January 2025, as well as December 2024 and February 2025
The equity research firm has decreased its fair value estimates for Las Vegas Sands Corp and MGM Resorts International, but maintained its estimate for Wynn Resorts