Travellers are flocking to the city once more, according to the latest data, with arrivals from Hong Kong soaring by over 1,000 percent year-on-year.
DSEC
The latest snapshot from the Statistics and Census Service shows activity reviving in the sector in the last months of the pandemic.
An apparent surge in deaths, particularly among the elderly, comes as Macao drops its Covid-19 mitigation measures and reopens its borders.
The latest figures from the Statistics and Census Service show a subdued market as Macao continues to recover from the effects of the Covid-19 pandemic.
An official survey of the industry in the last months of the pandemic paints a picture of depressed wages and virtually no labour movement.
Weak external and domestic demand brought about by the Covid-19 pandemic caused a sharp contraction in economic activity.
New iris-recognition technology, to be introduced later in the year, looks set to make leaving and reentering Macao as seamless as possible.
The average price of gasoline in the last quarter of 2022 hit nearly 14.3 patacas per litre, according to the Statistics and Census Service.
Figure shows sharp drop of nearly 100% compared with previous month, last year and pre-pandemic July 2019.