Japan closes borders to foreign travelers
After reaching record numbers of new Covid-19 cases and fatalities for almost two months, the Japan government has finally decided to take serious measures to partially lock down the nation.
Pandemic accelerated shift to cashless payments
More data is coming in to verify what many observers already believed to be the case; that the year of the Covid-19 pandemic has accelerated public acceptance of cashless payments, including in places such as Hong Kong and Macau.
Global air traffic down by almost two-thirds in 2020
According to the latest estimate of the Airports Council International (ACI) World, the final figures for the year 2020 will show that global air traffic was down about 64.2 percent compared to the previous year.
Macau GDP down 67.8 percent in Q2
Macau’s Gross Domestic Product (GDP) dropped by 67.8 percent year-on-year in the second quarter of 2020, according to the Statistics and Census Bureau (DSEC).
According...
Hong Kong reinstitutes strict Covid-19 social distancing rules
A recent spike in new cases has provoked Hong Kong Chief Executive Carrie Lam to reinstitute strict Covid-19 social distancing rules, reducing the size...
WHO chief warns no return to pre-Covid normal “for the foreseeable future”
WHO chief Tedros Adhanom Ghebreyesus warned on Monday that those governments and others who are growing optimistic that the global Covid-19 pandemic is now...
Hong Kong extends Covid-19 quarantine measures to August 7
The government of Hong Kong has decided to extend the compulsory two-week quarantine for travelers from Macau, China, and Taiwan for an additional month...
Macau government subsidizes domestic tourism
From Wednesday the Macau government is launching a temporary program to subsidize domestic tourism within the territory.
The project is called “Macao Ready Go! Local...
Macau government to launch special Hong Kong airport ferry service
The government of Macau has announced that it will launch a special ferry service between Taipa Ferry Terminal and Hong Kong International Airport beginning...
Macau hotels had average occupancy rate of 12.9 percent in April
The Statistics and Census Service (DSEC) has confirmed the dire state of the hotel industry in Macau, noting that the Covid-19 impacts reduced the...
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Macau visitation in November up 9.3% over October figure
Information from the Statistics and Census Service (DSEC) indicated that the number of visitor arrivals grew by 9.3 percent month-to-month to 636,351 in November 2020. However, this figure represented a year-on-year decline of 78.1 percent.
December best month since pandemic for Macau, but outlook uncertain
Macau ended its annus horribilis on a slightly brighter note, with December gross gambling figures showing the best performance since January.
Almost half of IPI construction force must leave CNMI this month
Almost half, or 88 of the over the 200 construction workers of Imperial Pacific International, will have to leave the CNMI by the end of this month because their H-2B visas are expiring.
All six Macau operators offering staff bonuses
In a series of announcements in recent days, all six Macau operators have now announced staff bonuses to most of their employees, generally equivalent to one month of extra pay.
Legislator accuses Macau regulators of colluding with operators on employment abuses
Macau legislator José Pereira Coutinho has called on the city’s Chief Executive to take action against what he described as “collusion” between casinos and those responsible for regulating the gambling sector, in order to stop employment abuses.
SJM enters purchase agreements on senior notes
SJM Holdings has announced it has entered into two purchase agreements for US$1 billion in US dollar-denominated senior notes intended to assist in repaying bank loans connected to the Grand Lisboa Palace project.