Read the latest news from regional and global sources, presenting different voices and perspectives.
Brazilian biotech firm clinches top prize at Macau innovation contest
Macau Business
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June 17, 2025
Hilab, a Brazilian biotechnology company, has won the top prize at the fifth edition of the Innovation and Entrepreneurship Competition (Macao) for Technology Enterprises from Brazil and Portugal with MOP180,000 (US$22,300). Organised by the Macau...
Three Macau concessionaires hold job fairs for displaced satellite casino employees
Inside Asian Gaming
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June 17, 2025
At least three of Macau’s concessionaires have launched job fairs that include efforts to hire workers set to be displaced by the cessation of the satellite casino industry, according to advertisements posted on online job recruitment platforms....
Macau ranks among world’s wealthiest by GDP per capita in 2025
Macau Daily Times
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June 17, 2025
Macau ranks as one of the richest regions globally in 2025, with an estimated USD76,314 (MOP616,828) in GDP per capita. It places eighth worldwide by GDP per capita, according to the International Monetary Fund (IMF). Many of the top-ranked spots...
Guangdong-Hong Kong-Macao Greater Bay Area dynamic hub of collaborative innovation
People's Daily Online
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By Fu Zimei, Jiang Lin, He Linping, Wang Yunna (People's Daily) 09:56, June 17, 2025 The phase one of the permanent venue for the Greater Bay Area Science Forum is under construction in Nansha district, Guangzhou, south China's Guangdong province,...
FIA to continue meeting in Macau through 2027
Macau Daily Times
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June 17, 2025
Galaxy Macau has signed a three-year strategic partnership with the Fédération Internationale de l’Automobile (FIA) to host the organization’s annual assembly in Macau through 2027, following the successful debut of the FIA Conference in the city...
Macao Light Rail enters tunnelling phase with TBM deployment
Construction Briefing
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June 16, 2025
Tunnel boring has begun on the northern section of the Macao Light Rail Eastern Line following the launch of the Tunnel Boring Machine (TBM) Haojiang Pioneer, built by China Railway Construction Heavy Industry Corporation (CRCHI). The TBM measures...
Macau Chief Executive not expecting satellite casino closures to impact city’s GDP
Inside Asian Gaming
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June 16, 2025
Macau Chief Executive, Sam Hou Fai, believes the closure of satellite casinos should not have much impact on the city’s GDP because Macau’s gaming concessionaires will shoulder their responsibilities. The Macau government and related...
University of Macau ranks among Top 0.1% worldwide in key research fields
Macau Business
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June 16, 2025
The University of Macau (UM) stated it has achieved a significant milestone in academic excellence, now ranking among the top 0.1 per cent worldwide in engineering, computer science, and pharmacology & toxicology, according to the latest data from...
Limited impact from satellite casino closures in Macau – Legal expert
Macau Business
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June 16, 2025
The closure of Macau’s remaining satellite casinos is unlikely to make a meaningful dent in the city’s overall economy or destabilize the accounts of major operators, according to lawyer António Vilela, who argues the changes reflect a strategic...
Five Middle Eastern countries granted visa-free entry to Macau from next month
Inside Asian Gaming
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June 16, 2025
Macau’s Chief Executive has issued a directive stating that citizens of five Middle Eastern countries, including Saudi Arabia and Qatar, will be able to enter Macau without a visa, starting from next month. The directive from Sam Hou Fai states...
Doctors trained at the University of Macau will be able to practice in Portugal.
Portugal Pulse
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June 15, 2025
The Faculty of Medicine at ULisboa is collaborating with the University of Macau (UM) to develop a curriculum closely aligned with the structure of courses at the Portuguese institution, according to the director. Luís Graça emphasized that these...
Pony.ai unveils Gen-7 Robotaxi at 2025 Hong Kong Auto Expo
Gasgoo
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June 17, 2025
Shanghai (Gasgoo)- Chinese autonomous driving startup Pony.ai unveiled its seventh-generation Robotaxi, built on the Toyota bZ4X, at the 2025 International Automotive & Supply Chain Expo (Hong Kong) ("2025 Hong Kong Auto Expo") held from June 12...
Macao bolsters 'soft connectivity' with mainland
China Daily
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Macao's MPay launches a new ride-hailing service on June 13, enabling seamless travel in Macao and the Chinese mainland to advance traffic integration development and accelerate the SAR's smart city development. [Photo provided to...
Macao's Satellite Casino Closures: What's At Stake For Industry Players?
Benzinga
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The phasing out of smaller casinos operated by licensed gaming firms in non-gaming properties could help to boost gaming company margins Key Takeaways: All 11 of Macao's "satellite casinos" will be shuttered by the end of this year, ending a...
Cafe De Coral Profits Plummet Amid Economic Fragility; Embraces Strategic Adaptations For Resilience
Retail News Asia
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June 17, 2025
Cafe de Coral, a prominent foodservice operator, has disclosed a slump in earnings, attributing the setback to a frail economy and lukewarm consumer sentiment. The fiscal report for the year ending March 31 revealed a 1.4% slide in revenue,...
University of Macau to launch year-end Hengqin campus construction
Macau Business
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June 11, 2025
University of Macau is kicking off the construction of its Hengqin campus at the end of the year, with an initial budget set at MOP1.7 billion (US$210 million). The 2025 budget was revealed at the Legislative Assembly on Wednesday as legislators...
Wynn partners with UNLV on exchange programme to cultivate global talent
Macau Business
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June 17, 2025
Integrated resort operator Wynn has partnered with the University of Nevada, Las Vegas (UNLV) to launch a 10-day student exchange programme designed to nurture globally minded talent and promote the integrated development of “tourism + education”...
Macau Legislative Assembly approves first draft of 2025 revised budget with lower GGR estimations
Asia Gaming Brief
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June 12, 2025
The Macau Legislative Assembly (AL) has unanimously approved the first draft of the government’s 2025 budget amendment bill, which proposes a decrease in budgeted revenue due to lower gross gaming revenue estimates. In a move aimed at ensuring the...
Chow Tai Fook Overcomes Sales Slump With Increased Operating Profit: Unveils Expansion Plans
Retail News Asia
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June 17, 2025
Despite subdued consumer sentiment impacting its sales in the last fiscal year, Chow Tai Fook witnessed an increase in its operating profit. The company’s revenues for the fiscal year, ending on March 31, saw a significant decrease of 17.5 per...
New consumer experience in Macao merges pop culture with local landmarks
Xinhua News Agency
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MACAO, June 14 (Xinhua) -- Chinese card game maker Kayou Group opened its first flagship store in Macao on Saturday, offering a unique consumer experience that combines popular IPs with the city's iconic landmarks. At the store launch, a special...