Under the scheme, eligible households are able to claim a monthly payment of up to 200 patacas, deducted from their power bills.
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Officials are hoping to bring around 1,000 professionals to the territory to alleviate a skills shortage that many say is holding Macao back.
The head of the five-year-old facility says ‘we very much welcome’ Macao students to carry out thesis research there.
Macao’s population is rapidly ageing and researchers warn that the number of seniors dependent on family members is set to pose significant economic problems.
The transaction is pending the approval of regulators in China, Mozambique and South Africa, according to reports.
Economists at the University of Macau say improvements in the territory’s economy will ‘be more obvious’ this year, but hurdles remain.
The online fashion retailer aims to use locally made textiles in 85 percent of the clothes it sells in the country.
The traditional celebration is one of a number of festivals that have made a comeback with the easing of Covid curbs.
The suspect in a brutal attack last week had previously gone to court on a domestic violence charge but was reportedly acquitted when the victim refused to testify.