The local government is keen to lure medical, tech and finance professionals to come and work in Macao as part of the territory’s economic diversification.
Business
The post-summer slump is evident. Recent holiday tallies suggest the month of October will be better, however.
Macao’s better than expected tourism recovery has led to predictions of a major rebound in the economy this year.
Some four million viewers also tuned into the shows via live-streaming channels, according to the Macao Trade and Investment Promotion Institute.
Visitors from Macao’s near neighbour have almost returned to pre-pandemic levels, says Maria Helena de Senna Fernandes.
Gaming boss Robert Goldstein says speculation should be around how big the market could get, not whether or not it will recover.
After three years of stagnant salaries in both the private and public sector, workers in Macao look set for a modest bump in wages.
The Chief Executive described Macao as an important node in the Belt and Road Initiative, and offered examples of how the SAR’s digitalisation efforts were enhancing cooperation.
Robert G. Goldstein, CEO of Las Vegas Sands, said he was “deeply enthusiastic” about opportunities for growth in the years ahead.