AGP Executive Report
Last update: 5 hours agoAviation and Payments: At an industry forum in Macao, YeePay showcased cross-border payment and fund-management tools for airlines, including a system designed to process orders and handle refunds and ticket changes. Trade and Growth: Macao’s merchandise exports rose 20.4% and imports 22% in the first three quarters, widening the trade deficit to 98.29 billion patacas. GDP grew 2.9% over the period, but just 0.1% year on year in Q3. Tourism and Hospitality: Visitor arrivals climbed 8.5% through September and gaming revenue rose 3.2%. Macao also hosted the Bocuse d’Or Asia-Pacific selection for the first time, adding an international culinary event to its tourism and gastronomy offer. Innovation: Chief Executive Sam Hou Fai pledged deeper Greater Bay Area science and technology cooperation as regional leaders unveiled 40 measures to advance the area as an innovation hub.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.