However, a new report finds the massive drop in investments is likely not linked to waning Chinese interest in the South American giant.
motor vehicles
Transport Bureau (DSAT) Director said Sunday that the registrations of about 14,000 vehicles have been cancelled since the beginning of the year, amounting to the total number of vehicles given up last year.
The number of new registrations of motor vehicles dropped 29.1 percent year-on-year to 13,935 last year, the Statistics and Census Bureau (DSEC) announced on Wednesday.
Responding to lawmakers’ doubts on the expected impact of new motor vehicle tax rates on lowering the city’s annual growth rate in motor vehicles, Transport Bureau (DSAT) Director Lam Hin San said he believed that once the new tax rates are in place the annual growth rate will drop by about 1 percentage point from […]
Macau’s number of licensed motor vehicles reached 240,107 at the end of last year, up 5.3 percent from a year earlier, the Statistics and Census Bureau (DSEC) announced Monday. Scooters and motorcycles accounted for 52 percent of the total number of motor vehicles. The number of new registrations of motor vehicles rose 6.4 percent year-on-year […]
