Topic

Macaui

Macau is a former Portuguese colony, and in 1999 it became a special administrative region of China. Its economy relies heavily on tourism, specifically the gambling industry, whose revenue has made Macau the world's largest casino market.

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Unlike its highly successful Hong Kong counterpart, the club that has decided to end races failed to diversify its sources of betting and did not generate the expected economic and social benefits.

Hong Kong professionals will find it easier to operate in the economic zone, and easing of investment restrictions will help revive economies in the city and mainland China.

  • Educational tour ‘Macau Unlocked’, specially created by Macau Government Tourism Office and the Post to help children experience Macau’s rich history and vibrant culture
  • Visits to historic sites and English writing class offer valuable experiences that complement school curriculums, teacher Sherielyn Choi, of Hong Kong’s Canossa College, says
In partnership with:MGTO

Chan says new or expanded firms, together with 30 companies that made similar moves last year, will invest more than HK$40 billion in the city and create 13,000 jobs.

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Every year, the Post’s 100 Top Tables pays tribute to the outstanding individuals and restaurants who help make Hong Kong’s F&B scene one of the very best in the world. Here are this year’s award winners.

The US tech giant’s latest initiative shows that it remains committed to boosting capital spending in the world’s largest smartphone market, despite sluggish iPhone sales.

Now in its 12th edition, the South China Morning Post’s 100 Top Tables fine dining guide was launched to the cream of the city’s dining scene at the Peninsula Hong Kong

Trapped in a cycle of debt and exploitation by the host clubs of Tokyo’s Kabukicho nightlife district, ‘Yu’ found herself forced to work in a ‘soapland’ brothel in Macau.

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Ant Group’s Alipay and Tencent’s WeChat Pay are enhancing operations to make it easier for foreign travellers to pay for goods and services on the mainland, the world’s largest cashless society.

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A Cantonese restaurant recently opened in a Kowloon housing estate, and a modest place specialising in Vietnamese noodles and baguette sandwiches, are among new Bib Gourmand awardees in Hong Kong.

The government’s recent adjustments are ‘steps in the right direction’, but further relaxations are needed to revitalise the industry, according to the Asian Securities & Financial Markets Association.

HSBC, Standard Chartered and Hang Seng Bank are rolling out more products tied to the Wealth Management Connect scheme amid a drive by Beijing to boost the Greater Bay Area’s financial markets.

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Policy support measures and post-Covid sports activities have contributed to growth, executives say at an industry summit in Macau attended by Yao Ming and Dwyane Wade.

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Macau is setting the stage to become a key driver of the Greater Bay Area’s sports sector, as the city looks to tap its tourism strengths and expand its economy beyond the gaming industry, a conference heard.

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‘Art March’ freebies announced as tourism industry experts say heightened social media presence and better links with rest of Greater Bay Area will speed recovery.

Visa-free access for Chinese tourists to the Southeast Asia countries boosted traffic and signalled a robust revival in travel since Beijing lifted strict Covid-19 restrictions.

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DAB says more stock exchange listings from mainland would boost city’s standing as major financial centre and increase global profile of Chinese companies

Chinese stocks look poised for a strong open when onshore traders return from the Lunar New Year break, thanks to buoyant travel and tourism data.

Since the reopening of the borders last year, policies in place have enabled progress in transport, border clearance as well as exchanges of people, think tank expert says.

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Macau casino operator MGM China reported a surge in revenue in the fourth quarter of last year amid a rollback in pandemic-related curbs, and analysts said its financial performance will continue to improve in 2024.