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While recent interest rate cuts have yet to ignite a revival in the sluggish residential property market, industry experts believe they could help at least prevent further decline, particularly when paired with stimulus measures from Mainland China
MNA-Home - Macau Business
Germany marks 1989 Berlin Wall fall with ‘Preserve Freedom’ party. November 10, 2024.
Special Report - Green light to green bonds | Macau Business
Apr 18, 2024 · As of the end of the third quarter of 2023, the total number of green bonds issued by Macau banks had accumulated to seven, with a cumulative issue amount of MOP 28.7 billion. Outstanding green loans of Macao banks expanded 58.6 per cent year-on-year to MOP 24.6 billion. “Through the enhancement of the physical and institutional ...
Macau’s new shopping mall M8 opens its doors
Sep 11, 2024 · Macau’s new shopping mall M8 opens its doors. The latest addition to Macau’s retail landscape, M8, had a soft opening on Tuesday, with the operator aiming to elevate the development into a commercial and cultural landmark of the city. Branded as the “first commercial urban renewal project in Macau” since the establishment of the Macau ...
Huafa Group soft-opens signature mall in Hengqin
Oct 9, 2024 · Huafa Group has commenced a soft opening for its new shopping centre on Hengqin Island, with nearly 20 food and beverage brands now operational. The shopping complex, spanning approximately 100,000 square metres, comprises three pavilions, each four stories high. Information from the state-owned company, founded in 1980, indicates that the new ...
Angel unveils USD130 million Macau factory plan
Gaming, Macau, MNA, MNA Featured | Gaming equipment supplier Angel Group has announced a USD130 million (MOP1 billion) investment in a new factory to be built in Cotai’s Concordia industrial zone. The project, which will cover a floor area of 25,000 square metres, is expected to be completed by the end of 2026, the company announced on Thursday at …
Police authorities still investigating cyberattack to 17 local hotels
Mar 25, 2022 · The Judiciary Police is currently following up on the hacking case targeting 17 local hotels last year, the Macao Government Tourism Office (MGTO) informed Macau News Agency. As reported by MNA this week, cybersecurity company Trellix stated that a South Korean hacking group carried out a campaign of ‘phishing’ cyberattacks starting in ...
Macau claims second spot on Forbes’ 2024 wealthiest jurisdictions …
Oct 10, 2024 · Macau has been ranked by Forbes second on a 2024 league table of the world’s 10 richest jurisdictions by gross domestic product (GDP) per capita. Citing figures as of October this year, the business magazine says Macau enjoys a GDP-PPP (purchasing power parity) per capita of US$134,140 and an annual GDP growth rate of 13.9 per cent – after ...
Special Report - Gauging ESG performance - Macau Business
Apr 22, 2023 · The report analyses a wide range of key performance indicators (KPIs), such as greenhouse gas (GHG) emissions, stakeholder engagement, and people management. All six casino operators in Macau reported their ESG and sustainability commitments in 2020 as part of their annual reporting, and it is from this data that the experts at AP Hospitality ...
Subsidies for employees, professionals, businesses to be handed …
Jul 29, 2022 · The subsidies for local employees, business operators, and freelance professionals from the recently MOP10 billion (US$1.2 billion) package rolled out to alleviate the financial hardship caused by the COVID-19 pandemic will be handed out starting from August 17, Director of the Financial Services Bureau (DSF), Stephen Iong Kong Leong announced at the press conference held today (Friday) by the ...