AGP Executive Report
Last update: 9 hours agoExecutive-Legislative Dialogue: Chief Executive Sam Hou Fai met Legislative Assembly members to gather views on the 2027 Policy Address, stressing stronger executive-led governance and closer cooperation with lawmakers. Pension Stability: Lawmakers unanimously approved a bill to strengthen the pension fund’s finances by allowing flexible transfers from the general account, aimed at closing a projected MOP9 billion shortfall (2027-2031). Drug Control Update: The Legislative Assembly added 13 new substances to Macau’s forbidden drugs list, targeting emerging vape/e-cigarette-linked risks and aligning with international drug conventions. Local Economy Pressure: Despite a 17.4% rise in non-gaming visitor spending in 1H, lawmakers said SMEs still struggle, urging renewed consumption incentives and better foot-traffic support for community retailers. Gaming Revenue Watch: Macau collected over MOP58.34 billion in gaming tax in the first seven months of 2026 (+9.3%); July collections fell month-on-month as GGR rebounded. Hengqin Education Campus: The Hengqin Macau-Hengqin International Education Town’s first transitional campus is set to start operations this month, with RMB18 billion investment and AI/robotics-focused programs. Domestic Helper Regulation: A lawmaker pushed for tighter oversight of Macau’s domestic helper market, including shifting return airfare costs based on termination responsibility and creating a cross-department task force.
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