The legislation has been pushed through by a conservative majority, but opponents vow to challenge it in court.
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Macao’s casinos surpass 2023 revenue targets, triggering mandatory non-gaming investment hikes for operators in 2024.
Several roads will be closed for New Year’s Eve events, while ferry services from the Outer Harbour terminal will be suspended next Tuesday.
Domestic exports in particular posted a major slide, decreasing by almost a quarter during the period from January to November in Macao.
A local labour group believes more regulations around gaming staff are needed to boost service quality and says staffers themselves are largely on board.
The South American producer is doubling down on soybean production even as demand stagnates in China.
Officials say ‘85 percent’ of Macao’s 3.1-kilometre fourth bridge has been built and that the final steps should be completed by March.
Not only that, some 80,000 people from Macao will be working on the mainland too, under the central government’s latest plan.
That’s the most optimistic projection made in the University of Macau’s economic forecast for 2024, but much depends on how many tourists the territory can attract.