economy

Before delving into the much-discussed path of Macau’s diversification efforts and challenges in the past 20 years, and future outlook, let me take a step back. During Covid-19 there are 3 lines of concurrent thought for a ‘strategic’ tourism recovery, that is, one that better positions the city for greater sustainable development in the medium to longer term – one aim being a diversified tourism portfolio. 

The Australian government has announced a three-phase plan to fully reopen its economy by July.  According to Prime Minister Scott Morrison, the first step would...

Fitch Ratings issued a report on Monday projecting a 24 percent contraction in Macau’s economy over the course of 2020. “Macao's concentration on gaming tourism...

Macau’s new Secretary for Economy and Finance, Lei Wai Nong, on Friday said the government was cautiously optimistic about Macau’s economic prospects, noting a...

Twenty-nine years ago I visited Macau for the first time. It was a consolation day trip from Hong Kong for not being able to apply and obtain a visa to enter China in less than a week when I had only four days to spend.

Melco Resorts & Entertainment chief executive Lawrence Ho said he expects the US-China trade war and renminbi devaluation to cause a ‘down year’ for...

NagaCorp’s “defensive” approach to its gaming operations has helped insulate the company from macro issues in China, which in turn, will help it outperform...

The Philippines’ anti-money laundering body is studying the possible impact on the economy should the online gambling industry shut down overnight, its chairman said...

Despite regulatory uncertainty and a relatively high risk profile, land-based operators will be closely watching developments across the Indochina region over the coming months. Cambodia,...

The gaming sector is expected to only contribute marginally to Macau’s economic growth over the next two years, said a report from the Economic...