If the final two months of the year manage to bring in five million visitor arrivals, Macao’s total for 2023 will surpass 27 million.
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A new ‘win-win’ agreement is set to make cross-regional employment opportunities easier for foreign talent to navigate.
The bridge connects central and southern parts of the country and is nearly a kilometre long, with the capability of carrying trucks up to 50 tonnes.
Waits of 3 to 7 days will be a thing of the past as Hong Kong’s largest ecommerce platform prepares to introduce a next-day delivery service.
Lack of passenger numbers has always dogged Macao’s rail system, hitting a low of less than 2,000 riders per day during the pandemic years.
The bill also proposes raising public servants’ salaries and continuing the annual cash handout to residents.
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
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.