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.
Business
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.
Net income also stood at US$297 million for the period, compared to a loss during the first three months of 2023.
Comments from the Centaline agency come as lawmakers meet this afternoon to vote on the scrapping of all market curbs.
The game was responsible for some 60 percent of the 57.33 billion patacas in gross gaming revenue recorded for the first three months of 2024.
There’s a new talent acquisition scheme on the horizon for top performing students at Macao universities prepared to work in selected sectors.
First quarter figures are 13 percent higher than the previous quarter, but are still considerably short of those recorded in pre-pandemic 2019.
The SAR could become the first Chinese territory to legally engage in the trade of spot bitcoin and ether, with some local firms claiming they have been given a go-ahead.