AGP Executive Report
Last update: 3 hours agoBay Area Investment: Macao Chief Executive Sam Hou Fai urged businesses to invest across the Greater Bay Area, saying the city is advancing its “1+4” diversification strategy while strengthening tourism and leisure, Chinese medicine, finance, technology and trade. A regional science forum also highlighted plans to deepen cross-border innovation. Gaming: October casino revenue fell 10% year on year to MOP21.68 billion, the fifth straight monthly decline, despite a 20% rise from September. Economic Pulse: Macao’s GDP grew 2.9% in the first nine months, but just 0.1% in the third quarter. Imports and exports, meanwhile, logged double-digit growth over the same period. Cross-Border Links: A design tender is underway for a new checkpoint connecting the University of Macau campus directly with Hengqin. Auto Industry: Macao’s international auto expo featured nearly 400 models; GAC cited the city as a springboard for Greater Bay Area and overseas expansion.
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