The gaming operator was given the grade, Fitch says, because of its high-quality assets, robust finances, and Macao’s rapidly recovering economy.
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The city’s gaming sector kicks off the year with revenue that has exceeded some analysts’ expectations.
Eighty-eight people in Macao ended their lives by suicide last year. Most were men above the age of 45, according to official data.
Thais will now be able to add a trip to the Chinese mainland onto their already-visa-free travels to Macao and Hong Kong, in an expected boon for SAR tourism.
MGM is becoming the SAR’s first integrated resort to fully power its operations using natural gas – a move designed to dramatically cut carbon emissions.
The US$100 million aid package is the latest initiative from the US as it vies with Beijing for influence in the African continent.
The city is looking to attract overseas tourists through group tours for cruise passengers docking at Hong Kong, as well as free bus and ferry tickets.
The Micro Connect Macao Financial Assets Exchange aims to tap into China’s highly underserved micro and small business sector.
A women’s advocacy group wants mediation to become a mainstream solution to family disputes, saying it will help reduce both divorce rates and domestic violence in Macao.