AGP Executive Report
Last update: 10 hours agoMICE Momentum: Macao’s meetings, incentives, conferences and exhibitions climbed 16% year-on-year to 494,000 participants and attendees in H1 2026, with 918 events and non-gaming MICE receipts up 44.8% to about MOP2.43 billion; Q2 saw events steady at 499 but attendees jump 37.6% to 314,000 and receipts rise 54.8% to MOP1.59 billion. SME Credit Watch: Monetary Authority data shows new SME credit approvals fell 8.6% to MOP4.5 billion in H1 2026, while outstanding SME loans dropped 13.4% to MOP65.0 billion; delinquency ratio edged up to 8.5% as delinquent balances declined to MOP5.5 billion. Property Signals: DSEC reports average rents eased in Q2 2026—residential down 0.1% to MOP140 per sq m, shops down to MOP460, offices to MOP272, and industrial to MOP116. Policy & Diversification: IPIM says it received 194 new investment proposals in H1 2026 (+7% YoY), with over 60% tied to the “1+4” industries; big health projects surged over 60%. Drug Law Update: The Legislative Assembly unanimously passed urgent amendments adding 13 substances to Macau’s forbidden drugs list, including etomidate analogues (“space oil”), with e-cigarette/vape use highlighted. Tourism Promotion: MGTO stepped up Spain and Portugal outreach via trade visits and familiarisation trips, aiming for longer stays and higher spend.
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