Prices in the Macao Peninsula went down by slightly less than their Taipa and Coloane counterparts. The only uptick is in pre-sale residential units.
Business
Minimum wage workers in the SAR will see a pay rise from the beginning of next year, and perhaps another one in the not so distant future.
Kenneth Feng, president and executive director, said the operator was excited about Macao’s continued recovery and diversification.
Casino staff face difficult working conditions and lack job security as Macao diversifies its economy – they deserve more, two lawmakers say.
With no commercial timber industry to speak of, this conference highlights the SAR’s potential as a destination for niche events.
The sector has the 70th Grand Prix, the Macao Food Festival, and two Westlife concerts to look forward to – and pull in the crowds.
The company attributed the performance to the continued recovery of the gaming sector and the opening of the second phase of Studio City.
Although the apartments are not available for sale yet, interest in the 27-block development has been growing.
No other airlines can establish bases in Macao until the new law liberalising the SAR’s civil aviation sector is enacted. That had been slated to happen this month.