Tourism & Mobility: Macau is pushing visitor spillover with an upgraded free “Leisure Bus Community Exploration Programme,” adding new one-way routes from Ruins of St. Paul’s and Rua do Cunha and expanding to 14 routes and 10 community drop-off points through early January. Tourism Demand & Cross-Border Spend: Hengqin rolled out fresh consumption vouchers worth up to RMB10 million with AlipayHK/MPay, aiming to lift cross-border leisure spending as passenger trips through Hengqin Port keep rising. Local Regulation: The Municipal Affairs Bureau (IAM) is consulting on tighter controls for paid “travel photography” at tourist sites, including registration deadlines, operator quotas, trading-hour limits, and mandatory ID badges. Macau Economy Watch: The Macau Economic Association expects moderate first-half growth of about 5% (GDP MOP209.5bn), with June gaming softening tied to the World Cup and cautious consumer spending. Retail & Luxury Signals: Richemont’s Q1 sales rose 17%, with jewellery up 24%—a read-through for Macau’s luxury retail ecosystem as Asia Pacific (including China, Hong Kong and Macau) continues to perform. Property & Finance: Macau’s mortgage and CRE lending data show new residential mortgage approvals down month-on-month in May, while CREL approvals fell sharply from a high base. Culture & IP Business: IC is taking Macao’s original IP brands to Shanghai’s Licensing Expo via a “Macao Creative Pavilion,” targeting international licensing deals. Waste-to-Value Tech: UM researchers say they’ve developed a sewage-sludge extraction technology that could reach commercialization within two years, supporting construction and fish-feed inputs.