The cumulative total for the first three quarters exceeds 2019’s but consecutive quarterly declines in 2023 have retailers concerned.
Business
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.
In the first ten months of this year, about four percent of Macao’s resident workforce found jobs through the Labour Affairs Bureau.
A subsidy of up to 250 patacas per person, per night, has been available to travel agencies bringing groups of tourists to Macao.
Not only is it harder to source seafood, but some consumers seem wary of Japanese dishes in general – fearing contamination by radioactive waste from Fukushima.
More than 210 business projects green-lit, 1.3 billion patacas invested and over 800 jobs created: IPIM is having a busy year.
By the end of October, the government’s income from gaming taxes had already edged past its target for the whole year.