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AGP Executive Report

Your go-to archive of top headlines, summarized for quick and easy reading.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

Macao Arts & Culture: The Macao Museum of Art opened “Lucidity in a Prosperous Era: Guangdong Paintings of the Qing Dynasty,” spotlighting Lingnan traditions and Qing-era works, with a ceremony led by the Cultural Affairs Bureau and partner museums. Community Arts: The “MICAF Fun Day” Arts Carnival returns in two weekends (Aug 21–23 and 28–30) at the Macao Cultural Centre Plaza, bringing inflatable installations, water and foam parties, workshops, and kid-friendly performances. Local Creators: Two Macau artists, Alley Leong and Sin U Lam, launch a free dual exhibition, “Soft Bodies, Hard Structures,” at Casa Garden (through Sept 30), as part of Art For All Society Macau’s young-artist co-creation programme. Youth & Fashion: 54 students from 22 schools were honoured at the 2026 Macao Student Fashion Creativity Competitions, with this year’s “Green City” theme pushing recycled materials and low-carbon design. Macao in the Spotlight: Hwang Minhyun’s 2026 “PEACH-BLOSSOM” fan meeting tour includes a Macau stop at Grand Lisboa Palace Resort on Nov 7.

Performing Arts & Tourism: Galaxy Entertainment Group says its “Tourism + Performing Arts” push is paying off, with event-weekend foot traffic up 30–40% versus non-event days; from January to July, its venues staged 74 events across 109 event days, drawing 560,000+ spectators and millions of “interested viewers,” boosting dining and retail spillover. Local Culture & Exhibitions: “Lucidity in a Prosperous Era: Guangdong Paintings of the Qing Dynasty” opens at the Macao Museum of Art, bringing Qing-era Lingnan works into Macau for cultural exchange. Kids’ Arts: MICAF Fun Day returns to the Macao Cultural Centre Plaza (Aug 21–23, Aug 28–30) with water and foam parties, workshops, and interactive performances. Youth & Education: Two Macau artists, Alley Leong and Sin U Lam, team up for “Soft Bodies, Hard Structures” at Casa Garden (free entry, through Sept 30). Fashion & Skills: 54 students from 22 schools win at the 2026 Macao Student Fashion Creativity Competitions, themed “Green City,” using recycled materials and low-carbon methods. Music Pop: Hwang Minhyun announces a 2026 fan meeting tour that includes Macau (Nov 7). Policy Watch: Macau’s 3rd Five-Year Plan (2026–2030) is framed as aligned with China’s 15th plan, with diversification and closer national integration front and centre.

Macao Performing Arts & Pop Culture: Hwang Minhyun kicks off his 2026 “PEACH-BLOSSOM” fan meeting tour in Seoul this October, with Macau scheduled for Nov 7 at Grand Lisboa Palace Resort—talks, games, and performances built around his growing solo momentum. Live Entertainment & Tourism: Galaxy Entertainment Group reports a 40% foot-traffic jump in event weekends, driven by its “Tourism + Performing Arts” push, with 74 events drawing 560,000+ spectators Jan–Jul. Arts & Exhibitions: “Lucidity in a Prosperous Era: Guangdong Paintings of the Qing Dynasty” opens at the Macao Museum of Art, spotlighting Lingnan heritage and Qing-era works. Family-Friendly Arts: MICAF Fun Day returns Aug 21–23 and 28–30 at the Macao Cultural Centre Plaza with water/foam parties, workshops, and interactive shows. Macao Youth Exchange: “Hainan Night” launches the 2026 Hong Kong and Macao Youth Study Tour and Exchange Program in Sanya, starting a week of cultural immersion. Macao Fashion & Skills: 54 students from 22 schools are honoured at the 2026 Macao Student Fashion Creativity Competitions under a “Green City” theme. Policy & Culture Industry: Macau’s 3rd Five-Year Plan (2026–2030) is framed as aligning with national strategy while pushing diversification and social progress.

Macao Arts & Culture: The Macao Museum of Art opened “Lucidity in a Prosperous Era: Guangdong Paintings of the Qing Dynasty,” spotlighting Lingnan traditions and Qing-era masters, with a cross-region cultural exchange push. Family Arts: The “MICAF Fun Day” Arts Carnival returns for two weekends (Aug 21–23 and 28–30) at the Macao Cultural Centre Plaza, bringing inflatable installations, water and foam parties, workshops, and kid-friendly performances. Local Art Scene: Two Macau artists, Alley Leong and Sin U Lam, debut a free dual showcase, “Soft Bodies, Hard Structures,” running through Sept 30 at Casa Garden. Youth & Fashion: 54 students from 22 schools were honoured at the 2026 Macao Student Fashion Creativity Competitions, with this year’s “Green City” theme driving recycled materials and low-carbon design. Performing Arts Tourism: Galaxy Entertainment Group says its “Tourism + Performing Arts” strategy lifted event-weekend foot traffic by 30–40%, with 74 events and 560,000+ spectators in Jan–Jul. Policy Backdrop: Macau’s 3rd Five-Year Plan (2026–2030) is published, aligning diversification goals with national priorities and reinforcing the city’s role as a bridge platform.

K-pop & Live Entertainment: Hwang Minhyun announces his 2026 fan meeting tour “PEACH-BLOSSOM,” kicking off in Seoul (Oct 16-18) before stops in Tokyo (Oct 21-22), Macau (Nov 7 at Grand Lisboa Palace Resort), and Taipei (Nov 27), with talks and games alongside performances. Youth & Cultural Tourism: “Hainan Night” launches the 2026 Hong Kong and Macao Youth Study Tour and Exchange Program in Sanya, bringing over 200 school leaders and students into a week-long cultural exchange across Hainan. Macao Arts & Community Exhibitions: Two Macau artists, Alley Leong and Sin U Lam, team up for “Soft Bodies, Hard Structures” at Casa Garden (free entry, through Sept 30), while a Xu Beihong Cup youth art showcase in Macau spotlights “truth, goodness, and beauty.” Fashion & Creative Skills: 54 students from 22 schools are honoured at the 2026 Macao Student Fashion Creativity Competitions under a “Green City” theme. Macao Policy & Tourism Strategy: Macau’s 3rd Five-Year Plan (2026-2030) is framed as a roadmap for diversification and deeper national integration, and Galaxy reports a 40% foot-traffic jump tied to its “Tourism + Performing Arts” push.

K-pop & Sports Crossover: Soloist EVAN will open NBA Fan Day 2026 at the Venetian Arena in Macau on Oct 10, with his mini-album DEATH OF ME dropping Sept 7. Local Arts Spotlight: Two Macau artists, Alley Leong and Sin U Lam, will present Soft Bodies, Hard Structures at Casa Garden under Art For All Society Macau’s young-artist co-creation programme (free entry, through Sept 30). Fashion & Youth Creativity: 54 students from 22 schools were honoured at the 2026 Macao Student Fashion Creativity Competitions, with this year’s “Green City” theme pushing recycled materials and low-carbon design. Policy & Culture: Chief Executive Sam Hou Fai says Macau’s 3rd Five-Year Plan (2026-2030) is aligned with China’s 15th plan, aiming for diversification and deeper national integration. Tourism & Performing Arts: Galaxy Entertainment Group reports a 40% foot-traffic jump tied to its “Tourism + Performing Arts” strategy, with weekend events drawing big audience spillover. Kids’ Theatre: Macau’s Cultural Affairs Bureau staged the baby theatre piece Sounds of WOODerland and invited regional industry partners to discuss restaging and touring local works.

Macao Policy Roadmap: Macao unveiled its Third Five-Year Plan (2026-2030), aiming for stronger social progress, deeper integration with national development, and a push to diversify beyond gaming—backed by a consultation that drew 8,230 public opinions and a promise of “lists” to ensure delivery. Tourism & Performing Arts: Galaxy Entertainment Group reported a 40% jump in visitor foot traffic on weekends tied to its “Tourism + Performing Arts” strategy, with 74 events drawing 560,000+ spectators in the first seven months. PATA Gold Awards: Macao’s tourism push scored a record seven PATA Gold Awards at PATA Travel Mart in Kuching, including wins for MGTO and integrated resort projects, reinforcing the city’s marketing and sustainability momentum. Arts for Kids: The Cultural Affairs Bureau staged the third Macao International Children’s Arts Festival and premiered “Sounds of WOODerland,” inviting mainland and regional industry partners to explore restaging and touring local works. Education in Hengqin: University of Macau began classes at Dezhi Plaza in the Macao-Hengqin International Education Town, enrolling nearly 1,000 postgraduate students and expanding new faculty-led programmes. Sports Spotlight: Macau’s mixed doubles pair advanced at the BWF World Championships after beating Leong Iok Chong and Ng Weng Chi, while PV Sindhu and Ayush Shetty also moved forward in singles. Music & Pop Culture: K-pop act EVAN is set to open “NBA Fan Day 2026” at the Venetian Arena in Macau on Oct 10, adding another global entertainment moment to the city’s event calendar.

PATA Gold Awards: Macau’s tourism push scored big in Kuching, with MGTO and partners taking a record seven 2026 PATA Gold Awards, including POP MART MACAO CITYWALK and CreatorWeek Macao 2025, plus two wins for Melco Resorts & Entertainment. GEG Family Cares: Galaxy Entertainment Group welcomed about 300 staff and children to its summer programme, from a “Movie Theater Star for a Day” at Galaxy Cinemas to chocolate-making at Hotel Okura Macau and Macau-themed crafts. Macao policy & urban renewal: The Macao SAR unveiled its Third Five-Year Plan (2026-30), aiming to diversify the economy, deepen Hengqin integration, and accelerate urban renewal, with building surveys set to start in the second half. Local arts for kids: The Cultural Affairs Bureau staged the third Macao International Children’s Arts Festival and premiered “Sounds of WOODerland,” inviting regional industry partners to discuss future local productions and touring. Education expansion in Hengqin: UM began classes at its Dezhi Plaza teaching site in the Macao-Hengqin International Education Town, adding nearly 1,000 postgraduate admissions for the new academic year. Sports spotlight (Macau in badminton): Macau players featured at the BWF World Championships as mixed doubles pair Dhruv Kapila–Tanisha Crasto advanced after beating Leong Iok Chong–Ng Weng Chi, while other Macau-linked results unfolded across rounds. Business & entertainment industry: RGB appointed veteran Macau casino executive Kelvin Tan as director, and Melco unveiled REM, a new luxury hotel at City of Dreams Macau ahead of its October opening.

Badminton Spotlight: India’s Dhruv Kapila and Tanisha Crasto beat Macao’s Leong Iok Chong and Ng Weng Chi 21-11, 21-11 to reach the BWF World Championships round of 16, with a next clash against China’s Guo Xin Wa and Chen Fang Hui. Local Education & Hengqin: The University of Macau has started classes at its Dezhi Plaza teaching site in the Macao-Hengqin International Education (University) Town, enrolling nearly 1,000 postgraduates across Hengqin and rolling out new faculties from 1 August. Tourism & Awards: MGTO and local travel trade promoted Macao at Malaysia’s PATA Travel Mart 2026, where Macao projects and three integrated resort enterprises collected seven PATA Gold Awards. Macau Arts & Culture: A dual-themed “ART POWER JAMMING” exhibition is in its final days at the Former Municipal Cattle Stable, exploring “99 percent” and “HEY! Were you happy today?” through photography, mosaics and paintings. Business & Entertainment: RGB International appoints veteran Macau gaming/hospitality marketer Kelvin Tan as an independent non-executive director, effective immediately.

Macau Arts & Culture: The “10th Xu Beihong Cup” youth art competition is on show in Macau with over 300 works at Chun Cao Tong Exhibition Hall, spotlighting Xu’s East-meets-West legacy and local creativity. Film & Community Memory: Local filmmaker Keo Lou returns with “Peaceful Journey,” a black-and-white short that shifts wartime storytelling from soldiers to the psychological trauma of civilians. Music in the Spotlight: Macau musician Brian Vong (BV) received a 2025 “Outstanding Person Award,” after staging free public concerts across Macau, Hong Kong and Zhuhai. Exhibition Watch: “ART POWER JAMMING” is in its final days at the Former Municipal Cattle Stable, pairing themes of “99 percent” imperfection and “HEY! Were you happy today?” through photography, mosaics and painting. City Life & Cross-Border: Macau’s Third Five-Year Plan (2026-30) was officially released, with Hengqin cooperation and livelihood priorities front and centre. Entertainment & Lifestyle: City of Dreams Macau unveiled luxury hotel REM and Studio City Macau launched “Stardust,” adding new immersive experiences to the resort scene.

Macau Policy & Governance: The Chief Executive met Legislative Assembly lawmakers to gather views for the 2027 Policy Address, with topics ranging from the Third Five-Year Plan, national security, culture-tourism-sports integration, elderly/children services, urban renewal, and AI legislation. Macau Development Outlook: A China Daily editorial says Macao’s 2026-30 Third Five-Year Plan builds on “one country, two systems,” stressing docking with national development, deeper Guangdong-Hong Kong-Macao Greater Bay Area ties, and Macau-Hengqin cooperation. Music & IP in Macau: Tencent Music’s 2026 TME Chinese Music Impact Summit in Macao put music IP and AI-era growth under the spotlight, calling for stronger copyright frameworks. Arts & Exhibitions: Ark–Association of Macau Art’s “ART POWER JAMMING” dual-theme show (“99 percent” and “HEY! Were you happy today?”) is in its final days at the Former Municipal Cattle Stable. Resorts & Entertainment: City of Dreams Macau unveiled REM, while Studio City Macau launched the immersive flying experience “Studio City Stardust,” adding new entertainment pull for visitors. Cross-border Convenience: Automated immigration clearance for Macao residents and Hong Kong permanent residents expands via Zhuhai-Macao Bridge Port, Hengqin Port, and Qingmao Port from Aug 18. Telecom Regulation: Macau’s Legislative Assembly approved a unified telecom licensing framework with convergent fixed-line, mobile, internet and TV rules.

Macau Arts & Entertainment: City of Dreams Macau is rolling out REM, a new luxury hotel concept with a “Rapid Eye Movement” dreamworld theme, while Studio City Macau officially opens “Studio City Stardust,” a 4D immersive flying attraction meant to boost Macau’s entertainment pull beyond gaming. Local Culture & Exhibitions: Ark – Association of Macau Art (AAMA) is hosting a dual-themed exhibition at the Former Municipal Cattle Stable, with six Macau creators exploring “99 percent” imperfection and the question “Were you happy today?” through photography, mosaics and paintings. Cross-border Life & Travel: Macau residents and Hong Kong permanent residents can now use the Mainland Travel Permit for automated immigration clearance via Zhuhai-Macao Bridge Port, Hengqin Port and Qingmao Port, with system upgrades starting Aug 18. Policy & Governance: The Chief Executive met Legislative Assembly lawmakers to gather views for the 2027 Policy Address, including culture, tourism and sports, urban renewal, AI legislation and Macau–Hengqin integration. Arts, Music & Performance: Adelaide Chamber Singers’ “Stellar” heads to Macau to represent Australia at the World Symposium on Choral Music, spotlighting new and local-relevant works.

Telecom Policy: Macau’s Legislative Assembly has approved a draft law to unify fixed-line, mobile, internet and TV under one convergent telecom framework, with 15-year renewable licenses for network installation/management and 8-year renewals for service delivery. Cross-Border Convenience: From Aug 18, Macao residents and Hong Kong permanent residents can use the Mainland Travel Permit for HK and Macao Residents for automated immigration clearance at Zhuhai-Macao Bridge Port, Hengqin Port and Qingmao Port. Resort Updates: Melco says its revamped REM at City of Dreams Macau has soft-opened, targeting a full grand opening after Golden Week, while also flagging near-term pressure on Macau results as 2Q26 revenues fell 5.7% to US$1.25b. Gaming Warning: Paradise Entertainment expects a HK$82.6m loss in 1H26 tied to satellite casino closures and weaker EGM sales ahead of its “Black Coral” platform launch. Arts & Culture: Adelaide Chamber Singers’ Stellar is set to represent Australia in Macau at the World Symposium on Choral Music, bringing new works and local-flavoured programming. Food & Events: MGM Macau’s “Silk Road Art Feast” ends with a Beijing imperial cuisine finale, while MGTO ramps up Spain and Portugal promotions to grow European arrivals.

Macau Policy Watch: CE Sam Hou Fai met Legislative Assembly lawmakers to gather views for the 2027 Policy Address, with topics ranging from economic diversification and Macau-Hengqin integration to AI legislation, urban renewal, and culture/tourism/sports. Resort & Hotel Scene: Melco says its revamped REM at City of Dreams Macau has already soft-opened, targeting a grand opening after Golden Week in October, with the former 330-room hotel reworked into about 150 luxury suites plus a retail revamp. Gaming Industry Pressure: Paradise Entertainment warned of an HK$82.6m (US$10.5m) 1H26 loss tied to satellite casino closures and weaker EGM sales, while pointing to a next-gen “Black Coral” platform launch later in 2026/early 2027. Arts & Culture Spotlight: “Porcelain Echoes” explores Macau’s East-West cultural exchange through porcelain fragments, while “Wind.n.Sand” gives new life to coffee capsules in a Macau exhibition. Sports & Entertainment: The NBA China Games 2026 bring the Houston Rockets preseason to Macao, and Doh Kyung Soo announces a 10-city Asia tour that includes Macau.

Taipa Heritage Walk: A new feature traces Taipa’s layered history—from a 13th-century fishing hamlet and Portuguese annexation in 1847 to today’s colourful lanes—tying architecture, churches, and Portuguese cuisine to Macau’s East-meets-West identity. Macau Gaming Outlook: A Macau Business special report revisits how the city’s “two humps” of revenue growth formed after the VIP era, the anti-corruption crackdown, and the post-COVID recovery—asking whether a “third hump” is coming or a plateau is next. Policy Address Feedback: Chief Executive Sam Hou Fai met Legislative Assembly members to gather views for the 2027 Policy Address, stressing stronger executive-legislative interaction under the executive-led system. Hengqin University Town Opens Phase 1: The Legislative Assembly’s Public Finance Affairs Committee confirmed the first transitional campus at Dezhi Plaza will start operations this month, with RMB18 billion investment and a “one university, two campuses” model for UM, MPU and UTM. MGTO Europe Push: MGTO ramps up promotion in Spain and Portugal via trade familiarisation visits and new multi-destination products aimed at longer stays and higher spend. Arts in Macau: “Porcelain Echoes” explores Macau’s East-West cultural exchange through porcelain fragments and contemporary painting at Ho’s Clan Association Exhibition Hall. Entertainment & Sports: Studio City’s revamped “Stardust” immersive flying experience gets attention, while the NBA’s 2026 China Games brings the Houston Rockets’ preseason to Macao (Oct 9 & 11).

Macau-Hengqin Education Push: The Legislative Assembly’s Public Finance Affairs Committee says the first transitional campus at Dezhi Plaza will start operating this month, with the RMB18 billion Macao-Hengqin International Education (University) Town rolling out in phases to 2030 and aiming for 20,000+ students. Tourism Promotion: MGTO is stepping up marketing in Spain and Portugal via trade familiarisation visits and new multi-destination tour products, including Macau + longer-stay itineraries with regional add-ons. Arts & Culture Spotlight: “Porcelain Echoes” at Ho’s Clan Association Exhibition Hall explores Macau’s East-West exchange through porcelain fragments and contemporary painting. Entertainment & Lifestyle: Macau-born singer Jenny Tseng shares a quieter farm life in Taiwan and releases a limited-edition box set of classic Cantonese albums. Resorts & Business: Melco reports 2Q26 revenues down 5.7% to US$1.25b, citing low hold and World Cup effects, while REM at City of Dreams Macau soft-opens and targets a grand opening shortly after Golden Week. Sports in the Region: Kitchee U18 beats Manchester United Academy U16 4-3 in a Hong Kong youth football friendly.

Macau Gaming Outlook: Macau Business Magazine’s special report maps the “camel” of gaming revenue from the 2000 boom to the VIP crackdown, COVID slump, and 2025 recovery—then asks if a “third hump” is coming or if growth will plateau. Policy & Governance: Chief Executive Sam Hou Fai met Legislative Assembly members to gather views for the 2027 Policy Address, stressing stronger executive-legislative interaction under the executive-led system. Studio City Entertainment: Melco’s Studio City Macau rolled out “Stardust,” a reimagined 4D immersive flying attraction, with Dynamic Entertainment now co-creating the experience. REM Hotel Update: Melco says it has soft-opened the revamped REM at City of Dreams Macau, converting rooms into premium suites, with a grand opening planned after Golden Week. Melco Financials: Melco reported 2Q26 revenues down 5.7% to US$1.25b, citing low hold and World Cup impacts, while noting resilience outside Macau. Health & Lifestyle: A study led by Macao Polytechnic University links 560–610 minutes of weekly moderate-to-vigorous exercise with over 30% lower heart attack and stroke risk. Arts in Macau: “Porcelain Echoes” explores Macau’s East-West cultural exchange through porcelain fragments and contemporary painting at Ho’s Clan Association Exhibition Hall. Sports Tourism Angle: Coverage looks at how Macau uses major international events to boost visitor flows and its global profile as part of diversification.

Macau Entertainment & Tourism: Melco has soft-opened the revamped REM at City of Dreams Macau, converting 330 standard rooms into 150 high-end suites, with a full opening planned shortly after October’s Golden Week; Resort Business Watch: Melco’s 2Q26 results showed revenues down 5.7% to US$1.25b, with gaming revenue slipping 5.5% to US$1.04b amid low hold and World Cup pressure; New Attractions in Cotai: Studio City Macau has unveiled “Stardust,” a 4D immersive flying experience that replaces the earlier “Batman Dark Flight” concept; Arts & Culture: “Porcelain Echoes” explores Macau’s East-West cultural exchange through porcelain fragments and contemporary painting at Ho’s Clan Association Exhibition Hall; Music & Pop Culture: KUN kicked off his “THE DEADMAN” Asia Tour in Macau with a narrative-driven live set featuring live vocals and dance breaks; Sports & Community: Macau hosted the final round of the 2026 FIVB Women’s Volleyball Nations League, with coverage focusing on what major events bring beyond the matches; Health & Lifestyle: A study led by Macao Polytechnic University links 560–610 minutes of weekly moderate-to-vigorous exercise with more than 30% lower heart attack and stroke risk.

Macau Arts & Culture: “Porcelain Echoes” is on at Ho’s Clan Association Exhibition Hall, using broken porcelain from the Ruins of St. Paul’s to trace Macau’s East–West exchange through contemporary painting and mixed materials. Family Arts: The 3rd Macao International Children’s Arts Festival debuts “Stone Wolves” at the Macao Cultural Centre, a Portuguese-made puppet show (Cantonese/Portuguese) that invites kids to explore emotions and questions rather than get one-way answers. Entertainment & Leisure: Studio City Macau has launched “Stardust,” a new 4D immersive flying experience replacing the earlier “Batman Dark Flight,” with motion seating plus synchronized wind, fog and scent effects. Sports Tourism: Macau’s sports calendar keeps expanding, with the city framing major events as more than spectacle—aiming for visitor pull and wider economic spillover. Gaming Business Watch: Melco says 2Q26 revenues fell 5.7% to US$1.25b on low hold and World Cup effects, while REM at City of Dreams Macau is set for a revamped grand opening after soft-opening. Music Spotlight: Doh Kyung Soo confirms his 2026–27 DAY OFF tour, with Macau listed among the stops.

Macau Arts & Culture: “Porcelain Echoes: The Fusion of East and West” opens at Ho’s Clan Association Exhibition Hall, using broken porcelain from the Ruins of St. Paul’s to trace centuries of East-West exchange through contemporary painting and mixed materials. Immersive Entertainment: Studio City Macau debuts “Stardust,” a 4D immersive flying experience developed with Dynamic Entertainment, replacing the former “Batman Dark Flight” with motion seating plus synchronized wind, fog and scent effects. Kids’ Theatre: The 3rd Macao International Children’s Arts Festival runs “Stone Wolves,” a Portuguese puppet show built from wood, metal and playful objects, with performances in Cantonese and Portuguese at the Macao Cultural Centre. Tourism & Education: The Macao-Hengqin International Education (University) Town is set to cost 18 billion yuan, with UM, MPU and UTM using Hengqin transitional facilities in phase one. Arts Policy & Community: Macau’s consultation on association registration reform is drawing attention from long-time community leaders, while a new TCM AI health station at MGM Cotai blends digital screening with traditional wellness for worker well-being. Pop Culture: KUN kicks off “THE DEADMAN” Asia Tour in Macau, and Doh Kyung Soo announces a 10-city “DAY OFF” Asia tour with Macau on the route. Gaming & Resorts (context): Melco reports 2Q26 revenue down 5.7% amid low hold and World Cup effects, while Galaxy lifts its interim dividend payout ratio to 75% as StarWorld renovations continue.

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