LAG23

nov22
Macao can look forward to a steady economic recovery next year, with substantial numbers of tourists drawn back to the city and massive investment in new infrastructure projects, Secretary for Economy and Finance Lei Wai Nong has said.

The policy secretary underlined that the government’s e-consumption benefit scheme will not become a permanent measure because it is merely a “special and temporary” measure that aims to relieve residents’ financial hardship resulting from the Covid-19 pandemic.

https://macaonews.org/economy/finance-secretary-expects-steady-economic-recovery-for-macao-next-year/?utm_source=ActiveCampaign&utm_medium=email&utm_content=24+November+Daily+Read+%F0%9F%97%9E%EF%B8%8F&utm_campaign=20221124_Daily+Newsletter

 Nov22

https://www.gov.mo/pt/noticias/640641/

Comparing his four policy addresses in detail, the 2023 policy address clearly highlights a shift in the government’s attitude towards the gaming industry as it prepares to issue new casino concessions before the end of this year. These new concessions will also signal a change in the way the industry is managed. (...) The 2023 policy address described in detail the development of non-gaming elements, but on the future of the gaming sector itself emphasized “strict supervision of concessionaire compliance with contractual commitments” and the need to ensure the healthy and orderly development of the gaming industry in accordance with the law. At the same time, Ho “urges gaming companies to implement their commitments for non-gaming projects and to organize various international cultural and sports events”, outlining his ambition for 60% of Macau’s GDP to come from non-gaming activities.

https://www.asgam.com/index.php/2022/11/20/evolution-of-annual-policy-address-highlights-macaus-shifting-attitude-towards-gaming-industry/