The casino operator’s revenues have also comfortably exceeded pre-pandemic levels, according to its latest published results.
Business
Some 33,000 delegates are expected during the first quarter, with a number of prominent events on the calendar.
Starting 1 March, the Guangdong-Macao In-depth Cooperation Zone will operate a two-tier customs system between Macao, Hengqin and mainland China.
An average of 200 tour groups are predicted to roll into Macao each day. This means licensed bus drivers are in hot demand.
When compared with a five year peak in 2020, the fourth quarter index for 2023 is down by closer to 10 percent.
Tian Huiyu, a former president of China Merchants Bank, was found guilty of bribery, insider trading and abuse of power by a mainland Chinese court.
It’s the SAR’s second year running with more five-star hotels than anywhere else in the world, though the city’s historic rival London was close on its tail.
JLL Macau wants the government to drop all property market cooling measures, a move he says was key to realising buyers and sellers’ expectations.
The chief executive has personally exempted the six concessionaires from paying Macao’s 12 percent tax rate on profits over 600,000 patacas.