Growing amounts of tax revenue from the city’s gaming operators is replenishing the government’s coffers.
Business
Improved transport links would be a boon for businesses looking to access both the Greater Bay Area and Southeast Asia, suggests Kelvin Tan.
Slowdowns in the mainland Chinese economy, and high local borrowing costs, pose threats to the city’s economic recovery.
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.