DSL and MdME will soon be a single entity – called MdME – with offices in Macao, Hong Kong and Lisbon.
Business
However, the figure for August is still only 71 percent of the sum registered for the same month in 2019, the last year before the Covid-19 pandemic.
The gaming operator’s net revenue more than doubled in the first half of 2023, year-on-year, resulting in losses after tax of HK$1.4 billion for the period.
The company is awaiting government approval to add a whole new storey – a dedicated arts space – to its Cotai property.
However, Prof. Davis Fong of the University of Macau cautions that the territory still faces headwinds and notes that tourists are spending less.
The territory must improve its service standards and introduce more popular brands to remain competitive, says a marketing expert.
Zence Object turns discarded tea leaves into everyday household items that are both durable and biodegradable. With this seed funding, the company is poised for growth.
The MGTO is launching a promotional campaign to persuade visitors to sample the pleasures of Macao’s overlooked northern suburbs.
The rise must be set against last year’s dismal performance and the first quarter GDP figures, which were the first growth Macao had experienced since late 2021.