Ung Choi Kun was speaking in response to data showing that there were just 3,057 property transactions in Macao last year, less than half of the pre-pandemic figure
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However, CTT warns customers that ‘adjustments to the United States postal service policies cannot be ruled out at any time’
More than US$28 billion worth of debt was raised in Macao in 2024, a third higher than the previous year
The downward spiral in Macao’s property market continued apace last year, causing headaches for homeowners and investors
More tourists in 2024 compared to 2023 meant Macao’s overall haul increased, but both same-day and overnight visitors spent significantly less per head
Parts of City of Dreams Sri Lanka are already open, including the Cinnamon Life hotel, the restaurants and wellness centre
Although regular services have resumed from Hong Kong and the Chinese mainland, there has been no word from Macao Post
Macao tourism insider Andy Wu says the dip in tourists from Macao’s neighbouring SAR is due to competition from mainland Chinese cities
The US Postal Service has begun accepting parcels from China again, but Macao’s CTT says some forms of delivery remain suspended