Customs & Trade Enforcement: Two incoming passengers were jailed in Hong Kong after being caught at the HZMB Hong Kong Port importing duty-not-paid cigarettes from Macao—88,400 sticks worth about HK$450,000, with sentences of seven months plus a HK$1,000 fine, underscoring tougher deterrence under the Dutiable Commodities Ordinance. Luxury & Retail Demand: Richemont (Cartier owner) reported “stratospheric” jewellery-led growth, with sales up 20% organically in the quarter to end-June, pointing to strong spending in Hong Kong and Macau alongside Japan and the Americas. Media & Creative Industries: Hengqin’s new 220,000 sq m microdrama studio in partnership with COL Group International is now operational, with dozens of shooting assignments already completed and more TV and microdrama productions lined up. Gaming Revenue Watch: Macau’s DICJ data shows June quarter VIP baccarat GGR fell sharply—down 18.8% sequentially—dragging overall GGR to MOP 61.2 billion in Q2. SME Support & Industry Upgrading: CPTTM marked 30 years, saying it has served 20,000 SMEs and is pushing renewed digital transformation and “Made in Macao” certification expansion. Tourism Infrastructure: A land concession was approved for a new 10-storey two-star hotel in Patane, with premiums and fees set out in the government gazette. Cross-border Logistics: HKIA handled 5.1 million tonnes of cargo in FY2025/26, becoming the world’s busiest cargo airport for the 15th time since 2010. Local Business Promotion: The 2026 Guangdong & Macao Branded Products Fair returns Aug 6–9 at Cotai Expo, themed around silver economy and healthy living, with business matching for regional buyers.