Davis Fong Ka Chio, who heads the Institute for the Study of Commercial Gaming at the University of Macau (UM), said on Tuesday he expected Macau’s gaming revenues to rise by up to 10 per cent this year.
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Macau trade deficit improved in the period from January to November 2016, having declined 18.34 per cent to 55,482 patacas (US$6.935 billion), reported the region’s Statistics and Census Bureau.
Chief Executive Fernando Chui Sai On promised in his New Year address on Saturday that Macau will follow the guidelines laid out by President Xi Jinping and fine-tune Macau’s role as “a centre and a platform” with the central government’s Belt & Road Initiative.
Macau gambling revenue falls 3.3 per cent in 2016 for the 3rd year in a row.
Central People’s Government Liaison Office Director Wang Zhimin said in his New Year address on Sunday his office believed that the local government will plan and carry out its work in line with the central government’s overall national strategy and with the objective of maintaining the prosperity and stability of Macau, based on President Xi Jinping’s guidelines.
Macau’s airport reported on Monday a record of 6.6 million passengers last year, with over 56,000 aircraft movements, representing a 14 per cent and 2 per cent year-on-year increase.
Central People’s Government Liaison Office Deputy Director Yao Jian said on Thursday that as long as the employment rights of local residents are protected.
The Macau Government Tourism Office (MGTO) released a statement on Thursday announcing the cancellation of a fireworks display scheduled after the countdown on New Year’s Eve outside Macau Tower.
Local residents can visit the Macau Museum free of charge every day it is open from January 1, the Cultural Affairs Bureau (IC) said in a statement on Thursday.