That would be more than November’s revenue intake, and more than enough to get the year’s total above 180 billion patacas.
Business
The University of Saint Joseph wants to merge China’s cutting-edge oceanic technologies with Portugal’s sustainable approach to marine farming, right here in Macao.
While the decrease – just 1.3 percent overall – is small, a trend has become evident, the latest figures show.
Not only will Macao increase the number of MICE events it hosts, it will broaden the scope of subject matter covered at these events, an IPIM official says.
If achieved, the tally would be 70 percent of 2019’s tourism numbers – slightly better than what the government predicted in November.
The top ratings agency has made its predictions for next year’s global gaming industry, and sees continuing growth in Asia in spite of China’s weakening economy.
The local government has strongly condemned the new rating, which was made because of the city’s close ties to mainland China’s sluggish economy.
Macao’s oldest gaming concessionaire has a new chief financial officer, one with extensive experience in investments, real estate and corporate finance.
Analysts say the US-based gambling empire’s move shows the high level of confidence that it has for its Macao-based subsidiary.