Gaming tax revenue down nearly 10% in May

The government reported gaming tax revenue of MOP7.15 billion for May, which is a 9.9% decline from April’s MOP7.94 billion. However, the May figure represented

Outdoor performance venue for up to 50,000 spectators coming to Cotai by 2025

The Macau Outdoor Performance Area will be established on a 94,000 square meter state-owned land in Cotai, as announced by the government yesterday. This temporary venue

Macau sees boom in 2024 as arrivals reach 82.5% of pre-pandemic levels

The Macau Government Tourism Office (MGTO) has reported a remarkable recovery in the city’s tourism sector, with the number of tourist arrivals in the first five

Centenary of first flight from Portugal to Macau celebrated this week

This week, a Portuguese delegation is visiting Macau and Hong Kong to celebrate the centenary of the first flight between Portugal and Macau. In 1924, pioneering aviators Brito

IAS confirms women’s development goal plan on track

The Social Welfare Bureau (IAS) has confirmed that the Macau Women’s Development Goal Plan is on track to be fully implemented by next year. Among the five measures

Hengqin plot auctioned off in industrial park development

Hengqin has auctioned off its first industrial land plot, which was won by Hengqin Qinao Innovation Industrial Park Development and Construction Co., Ltd. This company plans to construct

Redefining the culinary landscape: Experts explore approach to holistic gastronomy

Experts from various sectors came together yesterday in a gastronomy forum to explore the transformative potential of holistic gastronomy within the business sector and its

Macau’s ‘golden business card’ in focus

A seminar explored ways of polishing Macau’s “golden business card” by leveraging the city’s diverse strengths and advantages. The event, recently hosted by the Union of Macau Scholars,

Central bank keeps lending rate unchanged as data show housing market is still struggling

China's central bank kept a key lending rate unchanged yesterday, choosing not to loosen credit as data for May showed signs of persisting weakness in the world’s

China blames Philippines for a ship collision, which Manila says is deceptive

A Chinese vessel and a Philippine supply ship collided near the disputed Spratly Islands in the South China Sea yesterday, China’s coast guard said, in the latest flare-up

78 countries agree Ukraine’s territorial integrity must be basis of any peace

Nearly 80 countries called yesterday for the “territorial integrity” of Ukraine to be the basis for any peace agreement to end Russia’s two-year war, though some

1999 Anti-capitalism demo turns violent

The rally was timed to coincide with the start of a summit of the world’s richest countries in Germany. More than 4,000 people took to the

The greatness of simple things makes people happy

This year’s weather conditions weren’t particularly good for the public, the cars, and the drivers. During the drivers’ parade, there was even a small shower, and the

Yamal, 16, leads Spain’s new generation to win over Croatia

Spain 3, Croatia 0 Lamine Yamal became the youngest player to appear in a European Championship as Spain’s new generation brushed aside Croatia’s challenge 3-0 in

Nuclear-armed nations deepening their reliance on nuclear weapons, watchdog finds

The world’s nine nuclear-armed states continue to modernize their nuclear weapons as the countries deepened their reliance on such deterrence in 2023, a Swedish think tank

US surgeon general calls for warning labels for social media, like those on cigarettes

The U.S. surgeon general has called on Congress to require warning labels on social media platforms similar to those now mandatory on cigarette boxes. In a Monday opinion

Singapore-washing has hit a wall

Can private wealth management hubs stay neutral and discreet in an increasingly polarized world? Private banks in Zurich lost some of their shine after Switzerland decided to adopt

Tuesday, June 18, 2024 – edition no. 4504

* Macau sees tourism boom as arrivals reach 82.5% of pre-pandemic levels * Euro 2024 | Ronaldo set to break more records * Experts explore ways of polishing the ‘golden business card’

Gov’t extends repayment period for SMEs’ entrepreneurship assistance programs

The SAR government’s Executive Council has concluded its revisions to assistance programs in a bid to provide continued support for beneficiary enterprises and young entrepreneurs

MGM explores potential casino investment in Thailand

MGM China is reportedly searching for new investment options in Thailand’s proposed entertainment complex. This potential move comes as Macau’s gaming operators seek to capitalize

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