CE: 20% of volume to recover for Hong Kong visitor numbers

Chief Executive Ho Iat Seng has told the parliament that, to return to pre-Covid levels, the city must recover 20% of its previous volume of Hong

Q2 GDP expected to nearly double y-o-y

Macau's Gross Domestic Product (GDP) for the second quarter of this year is expected to rise by 90% year-over-year, the Macau Economic Association (MEA) has noted

MGM Resorts wins Japan’s first casino license

MGM Resorts International has been granted a license to operate the first casino in Japan, and is further expanding its international portfolio by way of Japan

Local businesspeople tour Portugal seeking opportunities in Big Health, Trade, and Hi-Tech

A delegation of local businesspeople is currently touring Portugal by invitation of the Macau Trade and Investment Promotion Institute (IPIM) aiming to establish collaborations and business opportunities

Accommodation price rose 125% in Q1

The price of accommodation for hotels and inns in Macau has more than doubled in the first quarter of 2023 (Q1), information from the Statistics and Census

Dozens killed as army, rivals battle for control of Sudan

The Sudanese military and a powerful paramilitary group battled for control of the chaos-stricken nation for a second day Sunday, signaling they were unwilling to end hostilities despite mounting

Cash handout issuance to return to normal schedule in July

Chief Executive Ho Iat Seng assured the parliament that this year’s cash handout to citizens would not be delayed. Several lawmakers asked about the rise

Association for Guia Circuit’s development seeks gov’t departments’ support for activities

The Macau Guia Circuit Promotion and Development Association (APDCGM) has been paying courtesy visits to the main government departments that are influential in the continuing

Bus driver injured after scuffle with passenger

A bus driver from the Sociedade de Transportes Colectivos de Macau (TCM) has reportedly been injured by a passenger after a scuffle that took place inside the

IC calls for Shenzhen fair participants

The Cultural Affairs Bureau (IC) will arrange for Macau’s cultural and creative industries to participate in the 19th China (Shenzhen) International Cultural Industries Fair (ICIF) in June.

WTT Champions kicks off today

WTT Champions Macao 2023 will be held at Tap Seac Multisport Pavilion from today until April 23. The tournament features 32 male and 32 female players playing

Forex reserves drop to MOP215b by March

The preliminary estimate of Macau’s foreign exchange reserves amounted to 215.1 billion patacas (about 26.6 billion U.S. dollars) at the end of March. The latest statistics from

Senior CPC official meets Macau media delegation

Li Shulei, a senior official of the Communist Party of China (CPC), met with a media delegation from the SAR late last week. Li, a member of

Beijing strikes cautionary tone on protests in Hong Kong

China's senior official overseeing Hong Kong’s affairs said Saturday that protests are not the only way for people to express their views, weeks after the city’s

Europe’s most powerful nuclear reactor kicks off in Finland

Finland's much-delayed and costly new nuclear reactor, Europe’s most powerful by production capacity, has completed a test phase lasting over a year and started regular output,

Saudi prince gives 4% Aramco stake to public investment firm

Saudi Arabia’s crown prince announced yesterday the transfer of a 4% stake of the oil giant Saudi Aramco to a subsidiary of the kingdom’s sovereign

Economy Auto show highlights intense electric car competition

Global and Chinese automakers plan to unveil more than a dozen new electric SUVs, sedans and muscle cars this week at the Shanghai auto show,

EU leaders beat a path to Xi’s door seeking Beijing’s help

In the weeks since Chinese leader Xi Jinping won a third five-year term as president, setting him on course to remain in power for life, leaders and

Flights out of Taipei delayed after China launches satellite

Flights out of northern Taiwan were delayed yesterday after China launched a rocket carrying a satellite that dropped debris into waters north of the capital Taipei.

Explosive thrown at PM Kishida at campaign event; one hurt

Japanese Prime Minister Fumio Kishida was evacuated unharmed this weekend after someone threw an explosive device in his direction while he was campaigning at a fishing port

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MACAU DAILY TIMES