Macao Business Journal
SEE OTHER BRANDS

The best news from Macao on business and economy

Latest News

Read the latest news from regional and global sources, presenting different voices and perspectives.

Macau passes bill to regulate tour guides and agencies, effective next Feb

Macau passes bill to regulate tour guides and agencies, effective next Feb

A new bill designed to regulate travel agencies and tour guides is set to take effect in February next year after its second reading was approved by lawmakers on Thursday. The bill aims to bolster oversight, professionalism and improve...

Kevin Ho among four candidates on sole business sector ticket for indirect legislative election

Kevin Ho among four candidates on sole business sector ticket for indirect legislative election

Businessman and Macau deputy to the National People’s Congress (NPC), Kevin Ho, is on course to make his debut at the SAR Legislative Assembly (AL) in the upcoming legislative term, as he is one of four candidates included in the sole list from...

Melco Resorts, City of Dreams, Takes Dining to New Heights in Macau

Melco Resorts, City of Dreams, Takes Dining to New Heights in Macau

Posted on: June 20, 2025, 01:45h. Last updated on: June 19, 2025, 11:17h. Dinner in the Sky has arrived in Macau City of Dreams, a resort owned and managed by Melco Resorts, has welcomed the culinary attraction Dinner in the Sky lifts diners 50...

Prudential holds weekend downtown consumption drive to support city’s community economy

Prudential holds weekend downtown consumption drive to support city’s community economy

Prudential Insurance Company Limited is sponsoring a weekend shopping campaign in Travessa dos Anjos, a famous business street located in the heart of the city’s downtown, to support small businesses and encourage local spending. The shopping...

MGM China Sets the Pace in Macau’s Rebound

MGM China Sets the Pace in Macau’s Rebound

MGM China is rapidly emerging as one of the frontrunners in Macau’s evolving gaming landscape, outpacing rivals in profitability and market share, according to a recent report by Morningstar. While gross gaming revenue in the region remains below...

Macau gaming revenue hits MOP 10bn midway through June

Macau gaming revenue hits MOP 10bn midway through June

Analysts lift full-month forecast to as high as MOP 20.2bn (US$2.5bn). By Gambling Insider Key points: - Mid-June gross gaming revenue estimated at MOP 10bn - VIP win rate remains above average, supporting weekly growth - Investment banks revise...

Macau Investment and Development reports MOP103 mln loss for 2024

Macau Investment and Development reports MOP103 mln loss for 2024

Macau Investment and Development Limited (MID), a government-owned enterprise, posted a consolidated loss of MOP103.37 million (US$12.8 million) in 2024, a sharp reversal from a profit of MOP10.94 million in the previous year, according to its...

China’s payment system spreads across Africa and Asia amid US trade war

China’s payment system spreads across Africa and Asia amid US trade war

China’s cross-border yuan payment system has signed up more financial entities from Africa, Central Asia and the Middle East, as Beijing accelerates efforts to promote the global use of its currency amid rising tensions with the United States. A...

Hong Kong rises to World’s No.3 most competitive economy

Hong Kong rises to World’s No.3 most competitive economy

HONG KONG SAR - Media OutReach Newswire - 19 June 2025 - Hong Kong has moved up two places to rank as the world's third most competitive economy, marking the second successive year that the city has jumped two places in the global rankings to...

China Duty Free Group strengthens Macau footprint with Avenida de Almeida Ribeiro opening

China Duty Free Group strengthens Macau footprint with Avenida de Almeida Ribeiro opening

China Duty Free Group (CDFG) is set to unveil a store at M8, a landmark commercial complex on Avenida de Almeida Ribeiro in the heart of the Macau Peninsula’s business district. Scheduled to open in mid-July, the cdf Macau Avenida de Almeida...

Macau’s satellite casino closures pose mixed outlook for SJM and local economy: Researcher

Macau’s satellite casino closures pose mixed outlook for SJM and local economy: Researcher

The impending closure of 11 satellite casinos in Macau is poised to reshape the local gaming landscape, delivering both strategic opportunities and operational challenges, especially for SJM Holdings, according to an academic at the University of...

Foreign IP-Holding Companies May Be Subject to Personal Jurisdiction in Federal Court Based on Registration and Enforcement of U.S. Trademarks

Foreign IP-Holding Companies May Be Subject to Personal Jurisdiction in Federal Court Based on Registration and Enforcement of U.S. Trademarks

In a significant decision for foreign companies with U.S. trademarks, the Eleventh Circuit held that a foreign intellectual-property holding company can be subject to personal jurisdiction in U.S. courts based solely on its registration and...

Macau Police Arrest Suspect for Alleged Chip-For-Cash Exchange

Macau Police Arrest Suspect for Alleged Chip-For-Cash Exchange

A man from mainland China has been arrested by Macau police after being caught allegedly conducting an unauthorized cash-for-casino-chips exchange near a hotel in the city’s NAPE district. Macau Police Arrest Man Over Alleged Illegal Casino Chip...

Global Trade in 2025: Outbound Investment Restrictions

Global Trade in 2025: Outbound Investment Restrictions

Motivated by a rapidly evolving geopolitical climate, governments around the globe have increasingly scrutinized and intervened in transactions under foreign direct investment (FDI) screening regimes in recent years. Rising protectionism, concerns...

Macau gaming revenue hits MOP 100bn midway through June

Macau gaming revenue hits MOP 100bn midway through June

Analysts lift full-month forecast to as high as MOP 202bn (US$25bn). By Gambling Insider Key points: - Mid-June gross gaming revenue estimated at MOP 100bn - VIP win rate remains above average, supporting weekly growth - Investment banks revise...

MGM China Resurgence Tops Macau Rivals, Says Analyst

MGM China Resurgence Tops Macau Rivals, Says Analyst

Posted on: June 18, 2025, 01:05h. Last updated on: June 18, 2025, 01:12h. MGM China runs two Macau casino hotels Operator benefiting from addition of more table game capacity Macau’s gross gaming revenue (GGR) remains below the heights notched...

Macau’s economic recovery stable but uneven: Think tank

Macau’s economic recovery stable but uneven: Think tank

Macau’s economy shows mixed signals, as tourism and gaming sectors hold steady, but global headwinds and domestic weaknesses raise concerns, according to a local think tank. The Macau Economic Association (MEA) has released its latest economic...

Azerbaijan Lifts Lid On Casino Legalization's Economic Impact

Azerbaijan Lifts Lid On Casino Legalization's Economic Impact

(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 18.​ Casino games are planned to be organized and conducted, taking into account the requirements of the legislation in Azerbaijan. In the modern world, the gambling business, especially casinos,...

MGM China, Macau’s labour department held new skills training programme

MGM China, Macau’s labour department held new skills training programme

Macau casino concessionaire MGM China Holdings Ltd says it has partnered with Macau’s Labour Affairs Bureau (DSAL) to launch a “Professional Workforce Development Series-Emcee Skills Training Programme”. The initiative aims to provide further...

entertainment Overzealous fans: Chen Zheyuan left stunned by woman's hug at event, I-dle's Yuqi mobbed at Macau airport

entertainment Overzealous fans: Chen Zheyuan left stunned by woman's hug at event, I-dle's Yuqi mobbed at Macau airport

Chen Zheyuan left stunned by woman's hug at event At a beauty brand event in Xi'an, China, on June 16, Chinese actor Chen Zheyuan was all smiles until an uncomfortable interaction with a fan on the job. In a video circulating on Chinese social...

Share us

on your social networks:
AGPs

Get the latest news on this topic.

SIGN UP FOR FREE TODAY

No Thanks

By signing to this email alert, you
agree to our Terms of Service