When compared with a five year peak in 2020, the fourth quarter index for 2023 is down by closer to 10 percent.
Business
Tian Huiyu, a former president of China Merchants Bank, was found guilty of bribery, insider trading and abuse of power by a mainland Chinese court.
It’s the SAR’s second year running with more five-star hotels than anywhere else in the world, though the city’s historic rival London was close on its tail.
JLL Macau wants the government to drop all property market cooling measures, a move he says was key to realising buyers and sellers’ expectations.
The chief executive has personally exempted the six concessionaires from paying Macao’s 12 percent tax rate on profits over 600,000 patacas.
The Melco chairman’s private investment firm is setting up an entertainment company with Yeung to run nightclubs and other establishments in the region.
Workers from mainland China continue to comprise the biggest community, followed by those from the Philippines and Vietnam.
Reaching Istanbul and Moscow is about to get easier, with new Asian services coming onstream as well.
The city’s casinos are getting busier, creating a stressful situation for overburdened staffers, according to an employee organisation.