The ambitious target has been laid out in Macao’s latest five-year plan, but could prove challenging given gaming’s enormous contribution to the economy
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Weaning Macao off the mainland gaming market will cost money. The government has suggested a figure of 235 million patacas.
The switch, while potentially risky, could yield significant benefits to the southern African country, IMF officials argue.
Li passed away in Shanghai last Friday at the age of 68. Flags will fly at half-mast at the Government Headquarters as well as all border checkpoints today.
Two health professionals spoke to an audience at a lunch event, highlighting key issues related to men’s health such as loneliness and hypertension.
The latest figure reflects the gaming bonanza brought about by October’s “golden week” holiday, when the city welcomed almost a million visitors.
Down more than 10 percentage points month to month, Macao’s hotel occupancy rate for September was back where it was near the start of the year.
The legislation is geared to helping Macao become a financial hub as part of the SAR’s plan to reduce its overwhelming economic dependency on gaming.
They feel unequipped to thrive in the city’s four target growth industries and more should be done to cultivate local talent, says the survey organiser.