HSBC predicts that Galaxy, MGM China, Wynn Macau and Sands China will be in a strong enough financial position to hand out dividends for this year.
Business
The trade official talked to Macao News about the natural synergies between the principality and the SAR.
Same-day visitors showed a significant year-on-year increase, while the average length of stay fell.
The fresh initiatives come amid calls for the authorities to tackle the problem by setting up an interdepartmental organisation.
At a meeting with Portugal’s economy minister on Saturday, Ho Iat Seng made it clear the European nation’s biomedical expertise was welcome.
The forecast indicates Macao’s economy will expand at a slower pace once it returns to pre-pandemic levels in 2025.
The government’s proposal to do away with curbs on the local property market has been made official with a unanimous vote in the legislature.
Market imbalances, an ailing property sector and various non-economic risks all threaten to derail the Chinese economy, says prominent economist Liu Yuanchun.
The robust figures indicate the continued resurgence of the SAR’s tourism industry, with another boost expected during the upcoming Labour Day holiday.