Local shop owners say their businesses have suffered since vehicles were banned, and have gained the support of Lawmaker Lam U Tou
Business
Latest figures show a significant fall in takings this July, when compared with receipts recorded in the same month a year ago
The two SARs have slashed their interest rates by half a percentage point in response to the US Federal Reserve’s decision on Wednesday to do the same
Residential property transactions in August fell 43 percent in comparison to July, while the average price per square metre dropped by 15 percent
Around a quarter of a million visitors entered Macao during the initial two days of the Mid-Autumn Festival holiday, which began on Sunday and will end today
Red tape and lack of a centralised vision are reportedly hampering efforts by casinos to fulfil their contractual obligations to build non-gambling facilities
The Macau Economic Association is optimistic that the city-wide consumption campaign and other events will give the economy a much needed boost
Unsurprisingly, receipts were significantly higher than in 2022, when Covid-19 travel restrictions hampered tourism
The presumptive chief executive met local casino executives yesterday, just two weeks after saying that gambling had had a ‘very large negative impact’ on the city