The fresh initiatives come amid calls for the authorities to tackle the problem by setting up an interdepartmental organisation.
Business
At a meeting with Portugal’s economy minister on Saturday, Ho Iat Seng made it clear the European nation’s biomedical expertise was welcome.
The forecast indicates Macao’s economy will expand at a slower pace once it returns to pre-pandemic levels in 2025.
The government’s proposal to do away with curbs on the local property market has been made official with a unanimous vote in the legislature.
Market imbalances, an ailing property sector and various non-economic risks all threaten to derail the Chinese economy, says prominent economist Liu Yuanchun.
The robust figures indicate the continued resurgence of the SAR’s tourism industry, with another boost expected during the upcoming Labour Day holiday.
Net income also stood at US$297 million for the period, compared to a loss during the first three months of 2023.
Comments from the Centaline agency come as lawmakers meet this afternoon to vote on the scrapping of all market curbs.
The game was responsible for some 60 percent of the 57.33 billion patacas in gross gaming revenue recorded for the first three months of 2024.