Government will keep expenditure restrictions for 2023 budget proposals, due to be discussed and voted on in the Legislative Assembly in November.
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As Macao’s biggest hotel with 4,000 rooms, Cotai property is set to host rising number of local residents returning home, especially from Hong Kong.
Most used to work in hotels, restaurants or gaming industry; government seeks to encourage graduates to join internship scheme.
Countries also aim to improve tax services for cross-border businesses and collaborate on industrial and supply chains.
The former deputy governor of Fujian Province has also been appointed national security affairs adviser on the Committee for Safeguarding National Security of the MSAR.
Over 30% of students are drawn from Macao; Hengqin bilingual school seeks to attract more Cantonese-speaking students and teachers.
Government launches MOP 300 million scheme, running from June to August, to offset negative effects of Covid-19.
Covid-19 travel restrictions hit gaming industry with knock-on effect on city’s overall economy.
Overall unemployment rate now stands at 3.5%; most job-seekers used to work in construction or gaming industries.