Each licence allows the holder to run a fleet of 50 taxis, meaning the SAR could soon have 500 desperately needed new cabs on the streets.
Business
After a one month hold up, Macao residents are now able to fly directly to the Indonesian capital, with services scheduled three times a week.
October’s composite consumer price index saw a 1.10 percent year-on-year rise, with tuition fees experiencing the biggest price hike.
The development in Hengqin comprises more than 4,200 units spread over 27 residential towers, as well as a school and community facilities.
The government has been running training sessions geared towards sharpening the SAR’s competitive edge in the international MICE arena.
The cumulative total for the first three quarters exceeds 2019’s but consecutive quarterly declines in 2023 have retailers concerned.
The so-called Tourism Sources Expansion Package will see perks handed out in a bid to lure travellers from new markets.
There are roughly 8,500 people working in full-time financial sector jobs in Macao, according to the latest figures from the Statistics and Census Service.
Secretary for Economy and Finance Lei Wai Nong also predicted that gross gaming revenue for 2023 could top 200 billion patacas.