Fitch Ratings is expecting Macau’s GDP to grow 2.5 percent in 2017, supported by improving gaming revenues from new resort openings.
Latest Posts
The now defunct Telecommunications Regulation Bureau (DSRT) failed to properly monitor and supervise its WiFi GO service so that WiFi GO service points in the city are affected by poor connection quality, the Commission of Audit (CA) said in report on Monday.
According to data from the Financial Services Bureau (DSF), Macau made MOP 7.3 billion (US$907.3 million) from gaming taxes in January. The amount represents an increase of 7.7 percent year-on-year, compared to the same month in 2016.
Macau´s Chief Executive, Chui Sai On, said on Friday that participating in the development of the “Belt and Road” initiative would complement Macau and Guangdong ties.
Keith Buckley is Director of BCAM and Chairman of construction charity, Lighthouse Club Macau. He has overseen the construction of Sands China Ltd.’s projects in Macao, including Sands Macao, The Venetian, Four Seasons Hotel, Sands Cotai Central and, more recently, The Parisian.
Macau’s gross domestic product (GDP) shrank by 2.1 percent year on year in real terms last year, an improvement from the 21.5 percent drop in 2015, the Statistics and Census Bureau (DSEC) said on Thursday.
CEM expects its new power plant in Coloane to be up and running in five years time, Bernie Leong Wa Kun, chairman of the electricity utility’s executive committee, said on Thursday.
Macau’s number of visitor arrivals rose 17.6 percent year-on-year to 2.87 million in January, boosted by the start of the Chinese New Year on January 28, the Statistics and Census Bureau (DSEC) announced on Thursday.
The Macau Chief Executive Chui Sai On and the Governor of Fujian Province Yu Weiguo said they planned to take part in the “One Belt, One Road” national initiative and expressed confidence in further development of bilateral cooperation.
