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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
Sam Hou Fai
The Macau Tower overlooking the Hengqin area in Zhuhai, Guangdong province. Photo: Xinhua
Banking & finance

Beyond the casino: Macau bets on modern finance, fintech in new five-year plan

Road map targets 60 per cent non-gaming share of GDP by 2030 through infrastructure, healthcare, hi-tech industries and closer mainland links.

China’s Communist Party

Xi Jinping leads party elite in final farewell for ex-premier Zhu Rongji

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Hong Kong healthcare and hospitals

On This Day | Hong Kong scrambles to contain cholera outbreak in 1961 – SCMP archive

Wealth management

Even Hong Kong’s rich expect to work past retirement age, survey says

More people plan to work longer and ‘blend work, family responsibilities and personal aspirations’, Manulife Hong Kong CEO says.

The percentage of Hongkongers expecting to work past retirement age is higher than in Singapore and mainland China, but lower than in Japan. Photo: Karma Lo
Hong Kong transport

Opinion | Huanggang Port points to the future of Greater Bay Area travel

Beyond faster clearance, the new Hong Kong-Shenzhen crossing shows that borders are evolving, flexible systems, not just physical structures.

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Hong Kong weather

On This Day | Typhoon Rose capsizes ferry in Hong Kong, killing 88 – SCMP archive

In 1971, Typhoon Rose wreaked extensive damage in Hong Kong, including capsizing a ferry which drowned 88 people onboard.

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Hong Kong politics

Opinion | How has John Lee’s ‘new chapter’ for Hong Kong promise held up?

As the chief executive works on both his policy address and a five-year plan for the city, more boldness, reforms and innovation are needed.

John Lee Ka-chiu at an chief executive election campaign rally at the Hong Kong Convention and Exhibition Centre on May 6, 2022. Photo: Felix Wong
China’s Communist Party

China to fly flags at half-mast for former premier Zhu Rongji’s funeral

The late statesman, known for his pivotal role in transitioning China towards a market economy, will be cremated in Beijing on Tuesday.

Banking & finance

Fubon Bank’s Hong Kong subsidiary opens first mainland China branch in Shenzhen

The branch is set to focus on specialised cross-border financing for tech corporations targeting overseas expansion.

China’s Communist Party

China prepares to mark Jiang Zemin centenary with full commemorative honours

A 12-part documentary on the former leader is screening nightly, with President Xi Jinping expected to lead a grand ceremony on Monday.

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Chinese President Xi Jinping (left) shakes hands with former leader Jiang Zemin at the 19th national party congress in 2017. Photo: Simon Song
Hong Kong society

Search under way for missing cruise passenger off Hong Kong mega bridge

Review of on-board security footage led the vessel’s operator to suspect the man had fallen into the sea during the voyage.

The Hong Kong-Zhuhai-Macau Bridge is one of the region’s most prominent landmarks and a major attraction for sightseeing cruises. Photo: Xinhua
Hong Kong economy

SCMP signs 3 MOUs in Malaysia to deepen Hong Kong-Asean regional cooperation

South China Morning Post among delegation signing agreements in Kuala Lumpur to unite policy research, journalism and business networks across Asia.

China’s Communist Party

How the guest list for Beijing’s summer retreat reveals its tech priorities

Experts in chips, defence and deep-sea drilling gathered as China’s scientific competition with the US intensifies.

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Malaysia

Anger in Malaysia as Liow pays fine, has money-laundering charges dropped

Nicky Liow returned to the public eye when a photo of him in the ruling party’s uniform standing next to Prime Minister Anwar went viral.

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Malaysian fugitive businessman Nicky Liow is brought to court in 2021. Photo: Weibo
Crime in Hong Kong

Editorial | As scams plague Hong Kong, vigilance should be the watchword

With the authorities issuing no fewer than five alerts related to deception schemes on a single day this week, it’s clear more needs to be done.

Victims of a scam involving a syndicate operating under the name Fun Coffee hold a press conference at the Legislative Council Complex on August 5. Photo: Jelly Tse
Vietnam

Video | Vietnamese coffee syndicate scams over 200 Hong Kong people

Promoting itself as the world’s first ‘sports-value-ecosystem’, the enterprise entered Hong Kong last year claiming assets of more than US$1 billion.

Hong Kong economy

Opinion | To lead Greater Bay Area integration, Hong Kong can look to San Francisco

As the city’s proposed five-year-plan seeks to increase regional cooperation, it should aim to drive alignment of rules and institutional frameworks in the Greater Bay Area.

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Crime in Hong Kong

Hong Kong, Macau police arrest 8 over HK$100m Vietnam coffee investment scam

Fun Coffee established presence in Hong Kong last year, claiming to be a coffee investment enterprise with assets of more than US$1 billion.

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The syndicate claims on its website to be a coffee investment enterprise based in Vietnam. Photo: Handout
Yuan

Fresh mBridge progress boosts cross-border digital yuan push

China’s Project mBridge, the multilateral central bank digital currency platform, is moving closer to broader commercial adoption.

Your Perfect Week

The best things to do in Hong Kong, August 1-16

Tuck into Spanish dishes of your choosing at Calle Ocho, sip on buy-one-get-one-free summer cocktails at Salon Lanson, see Australia’s Thunder from Down Under perform in Macau and get your soccer kicks at the Hong Kong Football Festival.

Hong Kong

Hong Kong’s film scene: 3 South Asian actors rewrite the script

Hong Kong’s film industry once dazzled the world, but it has never been especially inclusive. Today, South Asian actors – a Nepali movement artist, a Punjabi performer and a Sikh action enthusiast – are attempting to rewrite the city’s casting rule book.

Hong Kong actors (from left) Karan Cholia, Inderjeet Singh and Bipin Karma at Statue Square, Central. Photo: Alexander Mak
Hong Kong economy

Yacht travel scheme makes waves but can Hong Kong cash in on marine economy?

Boat owners and maritime experts say Hong Kong must seize the opportunity to upgrade marine infrastructure to attract mainland yachts.

Illustration: Davies Christian
Hong Kong politics

Editorial | Hong Kong’s Legco enters new stage of cooperation with the government

On their return from a visit to Beijing, lawmakers had an unprecedented dialogue session with the chief executive, a format that will foster constructive exchange.

Banking & finance

Standard Chartered posts 10% profit rise, launches US$1b buy-back

Share price surges on 38 per cent rise in wealth-management revenue, even as Middle East tensions and bad debt temper profit growth.

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Banking & finance

Editorial | China’s drive to sidestep weaponised Western finance gains speed

Use of a multilateral central bank digital currency platform and a broader panda bond market will help China and other nations reduce reliance on the West.

By late June, total cumulative transactions on mBridge passed 600 billion yuan (US$88.6 billion). Photo: dpa
Hong Kong healthcare and hospitals

Hong Kong parents rush babies for check-ups over infant formula lead scare

Mother tells SCMP that her five-month-old baby is in hospital for observation after consuming Friso batch flagged by Macau authorities.

Concerns about the product first emerged over the weekend after Macau authorities said tested samples from the flagged batch of formula were found to contain excessive levels of lead. Photo: Sun Yeung
China consumption

Back in fashion? Burberry sales jump in China amid tech wealth

Burberry and Cartier see sales surge in China, driven by Gen Z and tech wealth, but recovery remains uncertain amid economic challenges.

Hong Kong society

Infant formula maker insists product safe after recalls in Hong Kong and Macau

Batch of Frisolac Prestige Stage 1 (800g) subject to recall after authorities in Macau discover samples have lead levels above safety limit.

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