Macau’s economy: A slow remedy cannot address an emergency

Macau’s economy: A slow remedy cannot address an emergency

By Johnson Ian 甄慶悅 In April, Chief Executive Sam Hou Fai delivered his first Policy Address, titled “Innovate to elevate; forge ahead to break new ground,” which has captured the public’s attention. In May, the focus of local society shifted to the number of tourists during the May Day Golden Week. However, both major events have been less than satisfactory, and the city’s economy seems to have lost its direction. The SAR government failed to im…