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Macau’s retail sales rise mere 1 pct in 2014

Macau’s retail sales rise mere 1 pct in 2014

Macau’s retail sales rose a mere one percent year-on-year to 67.6 billion patacas last year, the Statistics and Census Bureau (DSEC) has announced. Sales of watches and jewellery accounted for 27 percent of the total. In the fourth quarter of last year, retail sales reached 17 billion patacas, up eight percent from the previous quarter, […]
Macau Property prices ‘too high’ but no immediate action to be taken

Macau Property prices ‘too high’ but no immediate action to be taken

Macau Chief Executive Fernando Chui Sai On has acknowledged that the city’s property prices are “too high” but he ruled out launching immediate measures to tackle the problem. Chui made the remarks on the sidelines of a reception hosted by the Women’s General Association of Macau (commonly known as Fu Luen) on Friday to mark […]
Macau’s economy likely to shrink in first quarter of 2015

Macau’s economy likely to shrink in first quarter of 2015

Lionel Leong says Macau’s economy is likely to decline in the first quarter of 2015 if gaming revenues continue to drop. The Secretary for Economy and Finance also says the government is taking note of the steep decrease in casino revenues reported during the Chinese New Year week. Gaming revenue is estimated to have plunged […]
Macau reacts coolly to HK tripartite platform idea

Macau reacts coolly to HK tripartite platform idea

Secretary for Economy and Finance Lionel Leong Vai Tac has reacted coolly to his Hong Kong counterpart’s proposal to set up a tripartite platform involving Hong Kong, Macau and the mainland. Responding to Hong Kong Financial Secretary John Tsang Chun-wah’s suggestion on Wednesday that Hong Kong, Macau and the mainland should form a new economic […]
Macau encounters fewer flu cases than last year

Macau encounters fewer flu cases than last year

There have been fewer reported cases of influenza so far this year than a year earlier, the Health Bureau (SSM) said in a statement on Wednesday. According to the statement, the bureau recorded 239 cases of flu last month, down 57.7 percent from the same month of last year when 566 cases were reported. A […]
Macau Visitors’ per capita spending drops 3.5 pct in 2014

Macau Visitors’ per capita spending drops 3.5 pct in 2014

统计暨普查局（DSEC）周二公布，去年澳门旅客的非博彩消费按年增长3.7％至617.5亿澳门元。 过夜旅客消费508.8亿澳门元，增长2.6％；不过夜旅客的“非博彩消费”上升9.1％至108.7亿澳门元。 去年旅客人均消费额为1,959澳门元，下降3.5％。 去年第四季度旅客非博彩消费按年下降13.9％至140.5亿澳门元。 去年第四季度内地旅客人均消费按年下降27.3％至2,038澳门元。然而，内地人仍是澳门最大消费群体。 第四季度旅客的主要消费项目是购物（占非博彩支出的43.3％）、住宿（26.9％）、食品和饮料（19.9％）。 主要购物项目包括本地食品（26.1％）、珠宝手表（18.6％）及化妆品和香水（16.9％）。 根据第四季度的旅客意见调查结果，88.2％的人表示满意酒店的服务和设施，而82％的人表示满意零售服务。然而，仅有40.4％的人说澳门有足够的非博彩旅游景点，18.8％的人认为公共交通有待改进。(macaunews/macaupost)
Macau official says city can’t receive more mainlanders

Macau official says city can’t receive more mainlanders

Secretary for Social Affairs and Culture Alexis Tam Chon Weng has been quoted as saying his message to the central government is “thanks, you got our heartfelt thanks, but we can’t receive more” mainland visitors. The Portuguese-language radio channel of government broadcaster TDM reported Tam’s remarks last Thursday, citing Portugal’s Lusa newswire. The TDM news […]
Macau government wants to limit the number of tourists arriving from China

Macau government wants to limit the number of tourists arriving from China

The Macau government will negotiate with the Central Government a limit to the number of tourists arriving from China, said the Secretary for Social Affairs and Culture Alexis Tam on Thursday. According to Lusa – the Portuguese news agency, the Secretary said that the high numbers of tourists, a majority of them being from China […]
Chinese New Year messages from Beijing and Macau

Chinese New Year messages from Beijing and Macau

Beijing’s most senior representative in Macau, Li Gang, said in his Chinese New Year message last Tuesday that the local government should face social problems head-on and save for a rainy day. He also said that his office would fully support the local government. Li heads the Liaison Office of the Central People’s Government in […]
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