It’s already having a major impact on global trade, causing cargo ships to make expensive detours to avoid the Suez Canal. That doesn’t bode well for Macao’s European imports.
News
Hong Kong authorities arrested the man on suspicion of smuggling after finding millions of dollars’ worth of gold bars in his car.
With consumers in both SARs now preferring to shop on the Chinese mainland, many retailers in Hong Kong as well as Macao are struggling.
Growing exports from the South American nation set new benchmarks for bilateral trade, with China once again the top destination for Brazil’s main commodities.
In response to a lawmaker’s query, Macao’s top social affairs official says the government is committed to expanding the use of Portuguese.
Online gambling platforms aimed at mainland Chinese gamblers reportedly helped disgraced junket king Alvin Chau earn a fortune of 8.7 billion yuan in just four years.
The Hong Kong-based carrier says its Boeing 737 models are different from the one involved in the Alaska Airlines incident last Friday.
One industry expert reckons visitor numbers will be back at their pre-pandemic levels, filling the city’s hotels.
The overall residential property price index has dropped by almost seven percent in the Macao peninsula, when compared to last year’s figures.