The collective profits of the leading manufacturing firms in the province have dropped by nearly 22 percent in a sure sign of more hurdles ahead for China’s slowing economy.
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The cumulative total for the first three quarters exceeds 2019’s but consecutive quarterly declines in 2023 have retailers concerned.
Four bids were submitted for each licence up for grabs. The end could be in sight for Macao’s desperate taxi shortage.
The so-called Tourism Sources Expansion Package will see perks handed out in a bid to lure travellers from new markets.
There are roughly 8,500 people working in full-time financial sector jobs in Macao, according to the latest figures from the Statistics and Census Service.
The country’s oil and gas secretary, José Barroso, praised the bidding as ‘another safe step in the process of exploration and production of hydrocarbons.’
Dozens took part in a jovial evening of trivia and good food, while helping to raise funds for charities dealing with men’s health.
Secretary for Economy and Finance Lei Wai Nong also predicted that gross gaming revenue for 2023 could top 200 billion patacas.
In the first ten months of this year, about four percent of Macao’s resident workforce found jobs through the Labour Affairs Bureau.