Slowdowns in the mainland Chinese economy, and high local borrowing costs, pose threats to the city’s economic recovery.
Business
Macao’s concessionaires will have to increase their spending on non-gaming facilities if gross gaming revenue crosses a certain threshold this year.
The event will take place across four days in September, with a focus on ‘innovative and sustainable international cooperation.’
The head of a committee scrutinising proposed changes to civil aviation regulations says a reprieve of up to a year is possible.
The move is seen as an encouragement for the development of the local bond market, championed by Chief Executive Ho Iat Seng.
TDM has signed cooperation agreements with broadcasters in four Portuguese-speaking countries and will also begin broadcasting to the Pearl River Delta.
New figures from the Monetary Authority of Macao show loans for residential real estate plummeting on a month-on-month basis.
Average daily visitor arrivals should bounce back with the Mid-Autumn and National Day celebrations, officials say.
The development of the local bond market, and other financial services, forms a key part of the territory’s economic diversification strategy.