AGP Executive Report
Last update: 7 hours agoDiversification Fund: Macau’s six casino concessionaires are contributing MOP9 billion to the government’s MOP20 billion Guidance Fund for emerging industries and economic upgrading. CBRE says the payments count toward concession investment commitments and could ease future operating costs, but may also feel like a one-off tax. Local Spending: The government is expanding its Community Consumption Rewards scheme from November 1 to December 31, offering discounts to encourage residents and visitors to spend at neighbourhood businesses. Urban Renewal: A survey of 292 buildings in the old city centre starts next week, as the government advances renewal plans and finalises changes to Macau’s urban master plan. Tourism: Visitor arrivals rose 8.5% through September, while gaming revenue increased 3.2%, pointing to continued growth in the city’s core visitor economy.
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