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New Shenzhen-Hong Kong checkpoints are in the pipeline
Authorities in Guangdong’s tech hub have confirmed that two more checkpoints will be built to support joint cooperation zones with Hong Kong The post New Shenzhen-Hong Kong checkpoints are in the...
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Tighter scrutiny of currency exchanges shouldn’t impact GGR, says JP Morgan
The investment bank has forecast buoyant figures for August’s gross gaming revenue, shrugging off the impact of tougher gaming laws The post Tighter scrutiny of currency exchanges shouldn’t impact...
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Melco’s operating revenues jump 22 percent in the second quarter
The casino operator attributes the strong performance to growth in its mass market and non-gaming operations The post Melco’s operating revenues jump 22 percent in the second quarter appeared first on...
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The GBA’s 9 mainland cities have broken a new record for foreign trade
Some 4.96 trillion yuan was generated by the 9 cities between January and July, representing an increase of some 14 percent year-on-year The post The GBA’s 9 mainland cities have broken a new record...
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Foreign visitor arrivals grew by 122 percent in the first seven months of 2024
The number of overseas travellers to Macao has been rising sharply since last year, although it is only 68 percent of its pre-pandemic level The post Foreign visitor arrivals grew by 122 percent in...
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‘Underconsumption core’ goes viral around the world
Gen Z, burnt out by the constant push to buy the next hot item, is exploring a new approach: buying less The post ‘Underconsumption core’ goes viral around the world appeared first on Macao News.
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Portuguese wine exports grow in first half of 2024
Significant increases in volume, however, have not been matched by similar increases in average price, which has declined The post Portuguese wine exports grow in first half of 2024 appeared first on...
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Wynn Palace unveils a new medical centre
The facility, located at the resort’s spa, will offer treatment plans for pain issues, poor sleep and other conditions The post Wynn Palace unveils a new medical centre appeared first on Macao News.
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China’s parcel delivery milestone indicates a busy e-commerce sector
This year, the country hit its annual milestone of 100 billion parcels delivered more than two months earlier than in 2023 The post China’s parcel delivery milestone indicates a busy e-commerce sector...
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Gaming tax revenue is up more than 15 percent for the first 7 months of 2024
Figures for the January to July period show that the government hauled in more than 51 billion patacas in fiscal revenue The post Gaming tax revenue is up more than 15 percent for the first 7 months...
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Five new opioids are now on Macao’s list of banned substances
An amendment to Macao’s anti-drug law enables authorities to better regulate the use of four opiate analgesics and one synthetic cannabinoid The post Five new opioids are now on Macao’s list of banned...
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Disney invokes Disney+ small print as it seeks to dismiss a wrongful death suit
Disney says it is not responsible for a 42-year-old woman’s fatal allergic reaction at a Disney Springs restaurant because she signed up for a streaming service trial The post Disney invokes Disney+...
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Brazil weighs the legalisation of gambling
Vice President Geraldo Alckmin has expressed his support for a gambling bill currently up for a vote The post Brazil weighs the legalisation of gambling appeared first on Macao News.
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China saw factory output fall in July, but consumer spending was up
The results indicate “a modest recovery could take hold over the coming months,” one analyst said The post China saw factory output fall in July, but consumer spending was up appeared first on Macao...
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Almost half of Macao residents are worried about rising medical bills: survey
A poll by the local branch of insurance company Prudential also found that 56 percent of respondents would rely on government aid to meet medical costs The post Almost half of Macao residents are...
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Galaxy Entertainment reports a 52 percent rise in net profits for the first...
The casino operator says the strong performance can be attributed to its Galaxy Macau resort, which it said was the ‘primary contributor’ to its earnings The post Galaxy Entertainment reports a 52...
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Average residential rents rose in Macao during the second quarter
Rents in Coloane showed the biggest increase, rising by 5.5 percent in the second quarter of the year to stand at 147 patacas per square metre The post Average residential rents rose in Macao during...
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Here’s how many Mainland Travel Permits have been issued in Macao so far
The permits allow non-Chinese permanent residents of Macao and Hong Kong to make multiple visa-free trips to mainland China of up to three months The post Here’s how many Mainland Travel Permits have...
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The Macau Economic Association says the third quarter outlook is positive
Economists predict Macao’s economy will remain stable between August and October, with an index score on par with the previous seven months The post The Macau Economic Association says the third...
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Thailand elects its youngest prime minister amid political upheaval
The 37-year-old Paetongtarn Shinawatra brings a family legacy but zero political experience to the top job The post Thailand elects its youngest prime minister amid political upheaval appeared first...
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