AGP Executive Report
Last update: 9 hours agoMacau Governance & Economy: Chief Executive Sam Hou Fai told the Legislative Assembly that the SAR’s economy in 1H26 showed “stable and positive development,” citing GDP recovery to 90.3% of 2019 levels and Q1 growth of 7.1%, while stressing a push for appropriate economic diversification and the final 3rd Five-Year Plan version to be published in August. New Leadership: Ng Wai Han, newly appointed Secretary for Economy and Finance, said diversification is a “must-answer question” and outlined her focus on advancing policy priorities after taking office this week. Anti-Corruption: The Commission Against Corruption of Macao (CCAC) published its 2025 Annual Report in the Official Gazette, highlighting integrity work around the 8th Legislative Assembly Elections, with thousands of inspections and cases filed and concluded. Culture & Heritage: Secretary Wallis O Lam said Dom Pedro V Theatre will be upgraded into an immersive stage-performance venue, linking UNESCO heritage with Macau’s East-West cultural exchange. Employment & Social Policy: Sam reiterated the government’s “local residents first” labour policy, pointing to job-matching sessions and “employment + training” programmes to safeguard residents’ employment. Sports Betting: Macau Slot reported 2025 net profit of MOP$126.9 million and said its renewed concession includes conditions to prioritize local employment and training. Regional Trade Outlook: Macao plans to expand its trade platform for Portuguese-speaking economies to also cover Spanish-speaking markets under the 15th Five-Year Plan period.
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