AGP Executive Report
Last update: 7 hours agoEconomic Outlook: Macao’s GDP grew 2.9% year-on-year in the first three quarters to MOP316.13 billion, but growth slowed to 0.1% in Q3. Gaming-service exports fell 4.8%, while other tourism services rose 6.6%, pointing to an uneven recovery. Diversification Policy: The government has agreed to establish a MOP20 billion guidance fund with integrated-resort operators, including MOP9 billion in private backing. Casinos are also contributing about US$1.1 billion to diversification efforts. Chief Executive Sam Hou Fai will deliver the 2027 Policy Address on November 16. Regional Role: Macao will host an international forum on mutual learning among civilizations on November 9-10, including sessions on China-Portuguese-speaking country ties and cultural exchange in the AI era.
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