The country will be inviting tenders for 49 concession areas, with the process set for completion at the end of April.
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But the territory is pinning its hopes on revived passenger numbers with the ending of Covid-19 restrictions.
Concessionaire plans for the opening of phase 3 of its resort but like others is still counting the cost of the three-year Covid-19 pandemic.
Traffic jams have been attributed to the city’s new customs clearance policy and regulations allowing Macao vehicles to travel to mainland China.
The People’s Bank of China says it wants to make it easier for Macao residents to live and work in the zone.
Coffee plantations, including one that played a surprising role in global scientific history, and nature parks are up for consideration.
New study foresees sharp increase in dependent seniors, with greater pressure on working adults to support aged family members.
As climate change makes its presence felt on local weather systems, UM unveils new satellite capabilities to better understand the behaviour of typhoons.
General market recovery expected this year, however real estate executive warns ‘situation will not improve overnight’.