AGP Executive Report
Last update: 8 hours agoMacao Sci-Tech Park Push: Chief Executive Sam Hou Fai chaired the working group’s first 2026 meeting, reviewing construction progress, investment promotion, and design plans for the Macao Sci-Tech Park, with a call to reserve space for sustainable growth and attract more tech talent. Tourism+ Fintech Upgrade: Galaxy Macau and Ant Bank (Macao) opened a Financial Services Station at Galaxy Macau, bringing self-service banking, account opening, and fintech education into the integrated resort to support Macao’s “1+4” diversification and “Tourism+” push. Health Sciences Talent Exchange: UM’s Faculty of Medicine ran a 2026 Health Sciences Summer Camp for 35 top mainland students from 18 “double first-class” universities, focusing on frontier research and future academic pathways. Cross-border AML Cooperation: Macao’s Financial Intelligence Office joined an APG Annual Meeting delegation in Brunei, sharing Macao’s AML/CFT experience and discussing evaluation follow-ups and new laundering typologies. Cybersecurity Watch: A Kaspersky report said the SilverFox hacking group targets Greater China and Southeast Asia heavily, with phishing and compromised sites among its main tactics. Gaming Headwinds: Analysts cut Macau gaming income growth forecasts to 3% amid a sharper-than-expected slump tied to China’s crackdown and weaker market sentiment. Scam Alert: Hong Kong police reported Fun Coffee crypto scam losses rising to about HK$104M, with Macau also arresting suspects in related cases.
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