A quarter century after the former Portuguese colony was made a Chinese territory, Macau’s economic boundaries with the mainland are being blurred.
Macau is now officially halfway through the 50-year "one country, two systems" structure the government is run under. The policy began at the handover of Macau on December 20, 1999, and will run to December 20,
Macau’s gaming revenue fell 2% in December, missing analysts’ expectations as scrutiny over gambling activities tightened during Chinese President Xi Jinping’s visit to the world’s biggest casino hub.
Chinese President Xi Jinping will preside over a day of celebrations in Macau and inaugurate the city's new leader on Friday to mark 25 years since the former colony was returned to China.Friday's festivities will be centred around the inauguration of Sam Hou-fai,
Casino revenues in Macau, the world's biggest gambling hub, soared by nearly a quarter in 2024 but still came in short of pre-pandemic levels, underlining the need for the former Portuguese colony to diversify its economy.
Chinese President Xi Jinping on Friday presided over the inauguration of new Macau leader Sam Hou-fai on 25th anniversary of colony's return to Chinese rule.
Chinese President Xi Jinping today inaugurated a new Macau leader and called for the gambling hub to diversify its economy as the former colony marked 25
Xi Jinping has called for Macau to prioritise economic diversification as its “first” hope as he wrapped up a three-day tour of the Chinese gambling hub to mark the 25th anniversary of its handover from Portugal.
Sam, 62, has been head of Macau's highest court since 1999. He was the only candidate given permission by a panel of 400 pro-China loyalists to run in Macau's election. He said he would demand ...
Macau marks the 25th anniversary of handover from Portugal to Chinese rule with a flag raising ceremony on Dec. 20, 2024. Chief Executive Sam Hou Fai, who was born in China's southern Guangdong province and speaks fluent Portuguese, attended the ceremony ...
Melco Resorts & Entertainment has also stepped forward with an announcement of a one-month discretionary bonus for its non-management team members in Macau and Hong Kong. Similar to other operators, Melco will distribute the bonuses ahead of the Chinese New Year festivities.
Chinese president Xi Jinping on Friday presided over the inauguration of new Macau leader Sam Hou-fai, capping off a three-day visit as the former Portuguese colony marks 25 years since being returned to China. Sam, who served as president of Macau’s ...