Macau
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Macau

Macau
Macau
Macau is a former Portuguese colony, and in 1999 it became a special administrative region of China. Its economy relies heavily on tourism, specifically the gambling industry, whose revenue has made Macau the world's largest casino market.
Head of Government
Chief Executive Ho Iat Seng
last updated:
6 January, 2025
There is a push to reinvigorate Hong Kong as an international hub following an exodus of companies during the Covid-19 pandemic. Photo: May Tse
Hong Kong economy

Exclusive | Hong Kong pushes on with efforts to woo top European firms despite challenges

OASES aims to attract more overseas firms as mainland companies make up most of the first 66 to arrive in Hong Kong.

Banking & finance

Hong Kong to review medical insurance market, Greater Bay Area options

2025 Asian Winter Games

Editorial | Asian Winter Games a historic success

SCMP Exclusives

Exclusive | New Galaxy Macau chairman builds constellation of 5-star hotels

Francis Lui adds the opulent Capella hotel to the second-largest casino and resort operator’s growing universe of lodgings and attractions.

Francis Lui, chairman of Galaxy Entertainment Group. Illustration: Henry Wong
Taiwan

Controversy over popular mainland Chinese ID cards in Taiwan prompts crackdown

Companies accused of helping thousands of Taiwanese apply for the documents are investigated, amid warnings over Beijing’s intentions.

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Hong Kong politics

Mainland firms urged to help with Hong Kong’s Northern Metropolis plan

Beijing’s top man in Hong Kong also calls on mainland enterprises to step up investments in city.

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Hong Kong politics

Hong Kong’s leader stresses need to act on message from Beijing’s Xia Baolong

John Lee meets senior officials upon his return from Harbin, stressing efforts must be stepped on Northern Metropolis and Hetao tech cooperation zone.

Chief Executive John Lee meets with his senior officials on Thursday morning. Photo: Facebook/John Lee
Artificial intelligence

OpenAI keen ‘to work with China’, CEO Sam Altman says, amid DeepSeek’s advances

Altman’s about-face from OpenAI’s tough stance on China reflects how Hangzhou-based start-up DeepSeek upended the global AI industry.

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Hong Kong politics

Editorial | Innovation and bold ideas are keys to Hong Kong’s economic revival

Inspection tour of Greater Bay Area by director of the Hong Kong and Macau Affairs Office ahead of Paul Chan’s budget is both symbolic and practical.

Abby Choi - murder of a model

Suspect in escape bid by slain Hong Kong model Abby Choi’s ex ‘only a messenger’

Recording of defendant Irene Pun discussing plan to arrange boats for murder suspect Alex Kwong played in court on Tuesday.

The ex-husband of Abby Choi (pictured) is suspected to have made a failed escape bid to Macau a day after her remains were discovered. Photo: Instagram/xxabbyc
Hong Kong economy

Opinion | Hong Kong’s pearl will shine brighter under ‘one country, two systems’

Hong Kong enters the final, all-important year of China’s five-year plan with a slew of achievements that vindicate its unique governance system.

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Illustration: Craig Stephens
Hong Kong politics

Beijing’s point man on Hong Kong meets 8 top officials to hear economic plans

Xia Baolong hosts discussion session in Shenzhen, with Financial Secretary Paul Chan introducing government’s efforts to advance economy.

Abby Choi - murder of a model

Ex-husband of slain model Abby Choi told to flee Hong Kong by boat, court hears

Court hears recordings of group chat that included defendants Irene Pun and Lam Shun, with duo believed to have helped murder suspect Alex Kwong.

From our archives

Recap | Hong Kong triad attacks see firebombings, murders and gang wars from Kowloon to Macau

Discover gripping stories of Hong Kong’s dark history of triad violence down the years, highlighting the city’s struggles with organised crime.

A Hong Kong restaurant and mahjong club was firebombed in 1990, after refusing to pay local gangsters. Six men, including three shareholders in the King Ford Moon Restaurant and Mahjong Club (above) were killed. Photo: SCMP Archives

Macau and Hong Kong put on notice by Beijing point man’s visit, experts say

Xia Baolong’s visit to Hengqin, coming quick on the heels of the president’s to Macau, shows Beijing is stressing need to speed up development of Hengqin and nudge Hong Kong.

Beijing point man Xia Baolong visits Hengqin. Photo: Handout
Consumer protection in Hong Kong

Hong Kong’s consumer watchdog launches Greater Bay Area property portal

New website offers buyers and renters one-stop platform with up-to-date information, Consumer Council says.

Robotics

Chinese robotics start-up pushes large cleaning robots in Hong Kong, Macau

Suzhou Intelligence Technology’s cleaning robots are used in large commercial establishments, such as shopping centres and airports.

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Wealth management

Exclusive | Macau’s first local mutual fund targets mainland investors via connect scheme

A&P Macau Patacas Money Market Fund will soon be offered to mainlanders in the Greater Bay Area.

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Macau’s first locally registered money market fund will soon be offered to mainland investors via the Wealth Management Connect scheme. Photo: Eugene Lee
Asia travel

24 hours in Macau: luxurious stays, restorative spas and decadent dining

The ‘Vegas of the East’ boasts more than just casinos – enjoy exquisite meals at Raffles at Galaxy Macau, spa rituals at the Banyan Tree Spa and a stay at Andaz Macau.

China technology

SenseTime to spin off healthcare platform to capitalise on advanced LLMs

SenseTime says rapid advancements in large language models are transforming artificial intelligence in the medical field.

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Kai Tak Sports Park

Letters | We’ve built Kai Tak Sports Park. Now, to keep crowds coming

Readers discuss how to fill the city’s new premium venue, what to do about Uber, and vaccine management protocol.

A view of Kai Tak Sports Park on January 15. Photo: Eugene Lee
Bonds

Hong Kong can become multicurrency bond hub with Beijing’s support: experts

Many Hong Kong public bodies have seen increasing interest in multicurrency bonds to attract more international investors, UBS says.

Pan Gongsheng, the governor of the People’s Bank of China. Photo: Getty Images
Digital currencies

Hong Kong bitcoin ETFs could open to some mainland investors under new measures

New rules further opening up China’s financial markets could give some mainlanders access to cryptocurrency investment products for the first time.

Banking & finance

HSBC unveils 25-storey tower in Qianhai to drive cross-border collaboration

The bank says it sees ‘huge potential for economic and trade cooperation between Guangdong and Hong Kong’.

Bonds

Hong Kong and Macau link bond systems to create larger market

Four new bond issuances worth 3.2 billion patacas (US$401 million), plus 18 secondary-market transactions, settled on first day of linkage.

A general view of Sai Van Bridge and Taipa in Macau on 28 September 2024. Photo: Eugene Lee
Kai Tak Sports Park

Letters | Hong Kong may be space-challenged but mustn’t limit its ambition

Readers discuss the opportunities for the city’s sports tourism, the need for a new first-class tennis facility, and how to break up the scamming industry.

The University Sports Federation of Hong Kong, China’s rugby sevens tournament is held at Kai Tak Stadium in the new Kai Tak Sports Park on January 5. Photo: Sam Tsang
Hong Kong politics

Hong Kong’s ‘high tolerance’ of diverse views key to city’s success: minister

Justice minister Paul Lam says press freedom and free flow of information are essential to city’s global financial hub status.

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SCMP Exclusives

Wynn looks to Vegas to help revamp Macau’s US$28 billion casino economy

Macau seeks to source 60 per cent of its revenues from non-gaming sectors by 2028, from 20 per cent at present.

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