Some analysts say Macao needs at least 1,000 more taxis on the road but industry advocates have come up with an alternative set of calculations.
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The deal will see the state-backed Chinese enterprise form a close working relationship with Mozambique’s national energy company.
The latest numbers from the Statistics and Census Service show that relatively few jobs were available in the gaming sector in June.
The Intermediate Housing Act targets those who earn too much for flats subsidised under the Home Ownership Scheme, but not enough to buy on the private market.
In a regulatory filing, the integrated resort operator said tourism in Macao showed ‘a robust recovery’ in 2023, after the ‘severely inhibited travel’ of the pandemic years.
The alarming trend is being noticed in the north of the country and also in the Pantanal conservation area – the world’s largest tropical wetland.
The street will be barred to motor vehicles during the Mid-Autumn festival and on National Day in a bid to lure more foot traffic to the area.
The move will reverse the deterioration in relations with Havana that took place under the administration of far-right President Jair Bolsonaro.
While many economies are struggling with rapidly rising prices, Macao appears able to keep inflation in check.