The International Monetary Fund (IMF) has revised its forecast on Macau’s 2017 GDP growth rate for this year to 2.8 percent from its previous forecast of 0.2 percent.
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Banco Nacional Ultramarino (BNU) announced on Tuesday its unaudited financial results for 2016, recording a 9.8 percent increase in net income to MOP560.5 million for the year.
Legislative Assembly (AL) President Ho Iat Seng said on Wednesday that he was confident that the bills which are being reviewed in the legislature’s standing committees can be resubmitted to the legislature’s plenum for their final article-by-article votes.
Pousada de São Tiago will temporarily close from March 31st and remain closed until the construction of the Barra Transport Complex is completed, SJM Managing Director and Chief Administrative Officer Angela Leong On Kei said on Tuesday.
Research findings show that 60 percent of Macau’s casino workers think that a full smoking ban in casinos would have a positive impact on them.
The government has launched a two-month public consultation on Monday to propose a legislation on the future operation of the Light Rail Transit (LRT) system, with the aim of finishing a draft bill regulating the matter by the end of this year.
In 2016, Taiwan recorded up to 140,000 visits from Macau, up 10 percent from 2015, according to a statement released by the Taipei Economic and Cultural Office in Macau.
The Economic Services Bureau (DSE) has finished a study on how Macau should reposition itself in the development of its industrial sector, according to a statement from the bureau on Sunday.
Secretary for Economy and Finance Lionel Leong says the government is confident that Macau’s economy will record “modest” growth this year. Macau’s economy in the first half of last year continued the downward trend seen in 2015, the second half of 2016 recorded a “relatively stable” performance.