Gov’t amends urban plan for Ilha Verde, fewer buildings, more leisure areas

Macau's SAR government has presented a revised version of the urban plan for the Ilha Verde area. The updated plan was introduced for the first time

LET Group faces upheaval: Directors resign, trading suspension persists

LET Group Holdings, a Hong Kong-listed company, is embroiled in a series of developments that have shaken its corporate leadership and operations. The resignation of two

Former stone transformation factory becomes housing development

The land previously occupied by the MAGRAN natural stone processing factory in Coloane is set to be developed into a residential project. This announcement was made

Beijing is bracing for fresh tensions with Trump over trade, tech and Taiwan

The first time China faced Donald Trump in the White House, there was a trade war, a breach of protocol involving Taiwan’s former leader, and a

Operators report a more favorable environment, competition remains fierce

Macau's gaming operators have broadly described the city’s competitive promotional environment as improving, even as competition between the six concessionaires remains fierce, according to recent

Ponte 16 expansion planned to start in H1 2025

Success Universe Group Ltd., the partner in Ponte 16, has announced plans to expand the integrated resort’s non-gaming facilities, with construction expected to commence in the

DSOP unveils tender results for primary court building construction

The Public Works Bureau (DSOP) has opened the proposals received during the public tender for the construction of the Primary Court building located in the Nam Van

Grand Prix nearly sold out

The 71st Macau Grand Prix, scheduled from Nov. 14 to 17, is nearly sold out, with over 70% of its tickets already purchased. A limited number of tickets will be

Local universities decline in rankings

The 2025 Asian University Rankings has revealed that the University of Macau (UM) and the Macau University of Science and Technology have improved their overall scores but dropped

Visitor spending up 8% y-o-y

Visitor spending in Macau (excluding gaming) rose by 8% year-on-year to MOP56.21 billion in the first three quarters of 2024, driven by a 30.1% increase in visitor arrivals. Data from the Statistics and Census

Residential property price index declines in Q3

The overall residential property price index in Macau fell to 211.0 in the third quarter of 2024, down 3.6% from the previous quarter. The Macau Peninsula and Taipa & Coloane indices decreased

Melco nurtures local talent through its “Culinary Foundation Acceleration Program”

To meet the SAR government’s calls for economic diversification, Melco Resorts & Entertainment continues to support local talent development through its “Whole Person Development” philosophy, a

Trio of major expos this weekend

Three expos are taking place simultaneously from Nov. 7 to 10. The events—the 14th China (Macau) International Yacht & Export Fair, the 2024 China (Macau)

Ongoing developments at Galaxy, Q3 revenue increases 11%

Galaxy Entertainment Group (GEG) announced in its recent financial results that it is implementing “ongoing progressive enhancements” to its resorts to maintain their market competitiveness and attractiveness

Mobile payment transactions rise to MOP7.6b

Local mobile payment tools saw a notable increase in both the number and value of transactions during Q3 2024, according to statistics released yesterday by the Monetary Authority

SMG to issue signal as Typhoon Yinxing approaches

Tropical cyclone Yinxing, currently located near Luzon in the Philippines, is expected to move westward and come within 800 km of Macau early today. The Meteorological and Geophysical

Stocks and bitcoin jump after Trump’s victory. So do worries about inflation as Dow surges 1,500

The U.S. stock market, Elon Musk’s Tesla, banks and bitcoin all stormed higher Wednesday as investors made bets on what Donald Trump’s return to the

L’ATTITUDE hosts star chef Stefano Bacchelli for dinner

One of the signature restaurants in the City of Dreams Macau’s integrated resort, L’ATTITUDE, is going to bring a highly anticipated collaboration dinner to Macau from Nov. 8

MGM Macau Tennis Masters’ first mixed-gender team in Asia

The MGM Macau Tennis Masters, at Macau Forum from Dec. 24 to 25, promises to be a memorable experience as it splits six players into two groups, with

Tradeoffs: avoid, weaken or accept

Analysis There is broad dialogue among both alternative and conventional economists to shake the foundations of the central importance of economic growth. This questions the

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