Macau’s inflation rate amounted to 3.01 percent last year, up by 1.78 percentage points from the 1.23 percent rate in 2017, the Statistics and Census Bureau (DSEC) announced .
23 Jan, 2019
Property prices will face a downward correction, with local Jones Lang LaSalle (JLL) representatives yesterday forecasting a drop of up to 10 percent in prices of residential and retail units.
17 Jan, 2019
Beijing has just approved a much-awaited blueprint to create an IT-led economic powerhouse in southern China after ironing out intricate competition and technical issues, and will unveil it in late February.
13 Jan, 2019
Macau’s Light Rapid Transit (LRT) trains will run daily from 6 a.m. to 1 a.m., Secretary for Transport and Public Works Raimundo do Rosario told reporters
10 Jan, 2019
Macau's gross national income (GNI) rose by 10.3 percent year-on-year in real terms in 2017, while per-capita GNI went up by 9.7 percent year-on-year in real terms
28 Dec, 2018
Secretary for Transport and Public Works Raimundo do Rosario said Monday that the project to construct the Light Rail Transit (LRT) section connecting Taipa and Barra on the peninsula – via Sai Van Bridge – is budgeted at 4.5 billion patacas (US$ 562 million).
18 Dec, 2018
The government’s Infrastructure Development Office (GDI) published in the Official Gazette (BO) Wednesday an invitation to tender (ITT) for the design and construction of the fourth bridge between the peninsula and Taipa.
6 Dec, 2018
Macau’s mobile phone imports jumped 179 percent to 1.18 billion patacas last month, the Statistics and Census Bureau announced Thursday.
30 Nov, 2018
Secretary for Economy and Finance Lionel Leong Vai Tac said in the legislature’s hemicycle Tuesday that the government is studying the possibility of launching a new pilot scheme for the granting of residency to “talents” and science and technology (S&T) professionals from outside Macau, according to which such applicants would not need to secure a job from a local employer first before being approved to move to Macau.
28 Nov, 2018
Secretary for Economy and Finance Leong Vai Tac said Wednesday that the government expects its total expenditure to increase by 2.2 percent next year, amounting to 103.34 billion patacas ( US$ 12.9 billion) – another spending record.
22 Nov, 2018
The total number of personal credit cards issued by banks in Macau increased by 10.3 percent year-on-year at the end of September, Macau Monetary Authority (AACM) said in a statement on Wednesday.
8 Nov, 2018
Chief Executive Fernando Chui Sai On Monday briefed President Xi Jinping on Macau’s progress while the latter and other dignitaries toured one of the Macau exhibition areas at the 1st China International Import Expo (CIIE) in Shanghai
6 Nov, 2018
Secretary for Economy and Finance Lionel Leong Vai Tac has appointed Irene Lau Kuan Va, an executive director of the Macau Trade and Investment Promotion Institute (IPIM), as the institute’s acting president.
30 Oct, 2018
Macau Trade and Investment Promotion Institute (IPIM) president Jackson Cheong is under criminal investigation and has been suspended from office, the Commission Against Corruption (CCAC) said in a statement today.
26 Oct, 2018
The Pearl River Delta’s mammoth bridge inaugurated by President Xi Jinping on Tuesday had a “smooth” start Wednesday, Macau’s transport chief said.
25 Oct, 2018
President Xi Jinping announced today the opening of the Hong Kong-Zhuhai-Macau Bridge at an opening ceremony in the city of Zhuhai, Guangdong Province.
23 Oct, 2018
The Secretary for Economy and Finance of Macau Leong Vai Tac said Thursday in his opening speech during the Macao International Trade and Investment Fair (MIF 2018) that Macau has made considerable progress in its efforts to integrate itself into the national development.
19 Oct, 2018
The 23rd Macao International Trade and Investment Fair (MIF) kicks off Thursday along with the 2018 Portuguese-speaking Countries Products and Services Exhibition (PLPEX).
17 Oct, 2018
Hong Kong and Macau Affairs Office of the State Council Director Zhang Xiaoming said at the weekend that enhancing the well-being of the people in the Guangdong-Hong Kong-Macau Greater Bay Area (GBA), particularly in terms of creating more opportunities for young people, is one of the intentions of the city cluster initiative.
15 Oct, 2018
The inward direct investment flows to Macau decreased by 79.9 percent year-on-year to 3.01 billion patacas (about US$373.3 million) in 2017, Macau’s statistics and census service said.
14 Oct, 2018