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Macau Pac On terminal ready early next year

Macau Pac On terminal ready early next year

The Marine and Water Bureau (DSAMA) and Public Security Police (PSP) have already started taking over some areas of the long-delayed Pac On Ferry Terminal in Taipa which is now slated to be operational early next year, Secretary for Transport and Public Works Raimundo do Rosario said on Thursday. The policy secretary apologised for delaying […]
Macau Monetary Authority: Economy to stabilise next year

Macau Monetary Authority: Economy to stabilise next year

A Monetary and Financial Stability Review compiled by the Monetary Authority indicates that Macau’s economy is back on track and could resume growth already next year. “Macau SAR’s current economic adjustment is cyclical, and the sign of bottoming-out is looming. Economic contraction is likely to continue through 2016 but the degree is narrowing as mainly […]