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Macau is among the world's richest regions, and as of 2015 its GDP per capita by purchasing power parity is higher than that of any country in the world, according to the World Bank. [2] It became the world's largest gambling centre in 2006, [ 3 ] with the economy heavily dependent on gambling and tourism, as well as manufacturing.
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In fact, the gaming industry "accounts for about half of Macau’s annual economy, and in 2007 Macau surpassed Las Vegas, Nevada, as the world leader in total annual gambling revenue". [13] With over 30 major brick-and-mortar casinos, Macau includes both the "traditional gambling stalwarts from [its] glittery past and the new resorts that have ...
If the application is approved by the relevant government body in Macau, a “Temporary Residency Card” will be issued to the applicant. This Temporary Residency Card will be valid for a maximum period of 18 months, if the application is under the category of investment project; or 3 years for other types of applications.
The Macau Federation of Trade Unions (MFTU) [a] is a pro-Beijing, leftist, labour and political group in Macau. [1] It is the largest and most influential labour group in the city, with over 50,000 members in 43 associated trade unions . [ 2 ]
An employer has sparked fierce debate after being so shocked a Gen Z job seeker refused to spend 90 minutes on a hiring test because it “looked like a lot of work” that he vented about the ...
The employer pays higher rates for overtime hours as required in the law. Standard working hours of countries worldwide are around 40 to 44 hours per week (but not everywhere: from 35 hours per week in France [5] to up to 60 hours per week in nations such as Bhutan. Maximum working hours refers to the maximum working hours of an employee. The ...
Cotai was created to provide Macau with a new gambling and tourism area, since Macau is so densely populated and land is scarce. Many hotels and casinos can now be found on the island. [3] In 2006, a new hospital was founded in the Cotai area, the MUST Hospital, which is associated with the Macau University of Science and Technology Foundation.