Macau’s total value of retail sales rose by 15.9 percent year-on-year to 76.8 billion patacas last year, the Statistics and Census Bureau (DSEC) announced.
28 Feb, 2019
Macau is expected to experience moderate economic expansion in the medium term, with surpluses in budget execution and external accounts sustained by mass tourism and non-gambling tourism, coupled with the continued monopoly on gambling in China, according to forecast by the International Monetary Fund (IMF).
27 Feb, 2019
The average price of residential units rose by 7.5 percent year-on-year to 108,427 patacas per square metre of usable area last year, the Statistics and Census Bureau (DSEC) announced.
22 Feb, 2019
Chinese authorities on Monday unveiled the outline development plan for the Guangdong-Hong Kong-Macau Greater Bay Area, aiming to develop the region into "a role model of high-quality development." according to Xinhua News Agency.
18 Feb, 2019
The blueprint for the massive economic development that will turn the Guangdong-Hong Kong-Macao Greater Bay Area into a global economic powerhouse will be made public within days according to China Daily today.
14 Feb, 2019
The outstanding value of home mortgage loans amounted to 215.7 billion patacas at the end of last year, a year-on-year growth of 13.9 percent, the Macau Monetary Authority (AMCM) said.
13 Feb, 2019
The government has reduced the criminal record barriers for people wanting to work as cabbies, according to the final version of its taxi sector bill whose revision was completed by a standing committee of the Legislative Assembly (AL)
13 Feb, 2019
Representatives of Macau’s two note-issuing banks, Banco Nacional Ultramarino (BNU) and the local branch of Bank of China (BOC) visited three Portuguese-speaking countries (PSCs) last month.
12 Feb, 2019
“We look forward to the continuation of our gaming concession, joining hands with the government and the people of Macau in creating a new chapter in the city’s growth story," said the gaming company’s Board Chairman Ambrose So Shu Fai.
11 Feb, 2019
Macau’s imports of beauty, cosmetics and skin-care products rose by 51.5 percent to 4.8 billion patacas last year, the Statistics and Census Bureau (DSEC) has announced.
4 Feb, 2019
Operating revenues from Wynn Palace were US$740.6 million for the fourth quarter of 2018, up 12.8 percent year-on-year.
1 Feb, 2019
Local residents’ unemployment rate dropped by 0.3 percentage points to 2.4 percent year-on-year last year, the Statistics and Census Bureau (DSEC) said in a statement .
29 Jan, 2019
A conservative US think tank has given Macau top marks for its “fiscal health.”
28 Jan, 2019
Macau’s inflation rate amounted to 3.01 percent last year, up by 1.78 percentage points from the 1.23 percent rate in 2017, the Statistics and Census Bureau (DSEC) announced .
23 Jan, 2019
Property prices will face a downward correction, with local Jones Lang LaSalle (JLL) representatives yesterday forecasting a drop of up to 10 percent in prices of residential and retail units.
17 Jan, 2019
Beijing has just approved a much-awaited blueprint to create an IT-led economic powerhouse in southern China after ironing out intricate competition and technical issues, and will unveil it in late February.
13 Jan, 2019
Macau’s Light Rapid Transit (LRT) trains will run daily from 6 a.m. to 1 a.m., Secretary for Transport and Public Works Raimundo do Rosario told reporters
10 Jan, 2019
Macau's gross national income (GNI) rose by 10.3 percent year-on-year in real terms in 2017, while per-capita GNI went up by 9.7 percent year-on-year in real terms
28 Dec, 2018
Secretary for Transport and Public Works Raimundo do Rosario said Monday that the project to construct the Light Rail Transit (LRT) section connecting Taipa and Barra on the peninsula – via Sai Van Bridge – is budgeted at 4.5 billion patacas (US$ 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