Macao Economy & Property: DSEC data shows average residential rents slipped 0.1% QoQ in Q2 2026 to MOP140 per sq m, while industrial rents fell 0.3% QoQ to MOP116; shop rents eased too (down 1.5% QoQ to MOP460) but some areas saw mixed movement. SME Credit Watch: The Monetary Authority reports new SME credit approvals fell 8.6% YoY to MOP4.5b in H1 2026, with outstanding SME loans down 13.4% YoY to MOP65.0b; delinquency ratios rose to 8.5% as balances shrank. MICE Momentum: MICE activity held steady at 499 events in Q2 2026, but participants jumped 37.6% YoY to 314,000, lifting non-gaming MICE receipts 54.8% YoY to MOP1.59b. Housing Finance: June 2026 saw new residential mortgage loans rise 30.9% MoM to MOP1.46b, while outstanding RMLs edged down 0.5% MoM to MOP201.98b. Investment Push (1+4): IPIM says it secured 194 new investment projects in H1 2026 (+7% YoY), with 60%+ in “1+4” industries—big health up 60%+ and modern finance/high-tech also surging. Retail Deal: DFI Retail Group will be GNC’s exclusive wholesaler, distributor and franchisee across HK, Macau and Singapore, using Guardian for sales and logistics after a court win. Drug Control Update: Macau lawmakers passed an urgent bill adding multiple substances (including etomidate analogues) to the anti-drug law, effective the day after gazette publication. Hengqin Education Plan: Macau expects 18b yuan for the Macao-Hengqin International Education (University) Town, with phased facilities supporting UM, MPU and UTM. Tech & Cyber (Regional): Reports describe an autonomous AI-driven vulnerability hunting campaign targeting Taiwan government and energy entities—an industry reminder for cross-border security.