Macau Urban Renewal Limited is optimistic that an 80 to 90 percent loan-to-value ratio will be possible for prospective buyers who need a mortgage for the Hengqin development.
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Authorities have already promised to add 300 more taxis to the city’s fleet. Demand might see that number grow to 500.
Officials say cooperation with local banks to halt suspicious transactions has shown some success, but warn the public to stay vigilant.
On his recent visit to the SAR, Nuno Fazenda, Portugal’s tourism and commerce secretary, emphasised the benefits Portuguese expats bring to Macao.
Deals include an expansion of bilateral investment, economic cooperation, potential joint exploration for oil and gas, and close high-level military interactions.
New generations seek new tourism products, according to speakers at the Global Tourism Economy Forum.
The head of the Macao Government Tourism Office concedes that ‘we are learning as we go’ but is confident that Muslim markets can be developed.
Delegates convene at the Global Tourism Economy Forum to ponder issues affecting China’s inbound and outbound travel industry.
The Inner Harbour regeneration project is part of a wider plan by the government to involve gaming concessionaires in urban gentrification.