Macau’s border re-opening plans stall
The government of Macau cannot sign off on any of the border re-opening timeframes for the Greater Bay Area. The Health Bureau stated it is experiencing difficulties setting conditions for re-openings, while discussions between Macau, Hong Kong, and Guangdong Province continue.
Macau is suffering from a lack of visitors from the Chinese mainland. Visitors from China fell 69.2% year-on-year, settling on 2.29 million for Q1.
The lack of visitors, especially to casinos and gambling venues, leaves a profound impact on Macau’s economy, and the government is devising plans to invest more in tourism, inviting visitors to stay longer than a day, which is the average.
Due to the border issues, some companies have to step in to help out stranded employees. Melco Resorts & Entertainment, for example, ordered a special flight from Macau to Manilla to return some workers home.
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