Although mainland China’s economy is faltering, the credit agency backs Macao to perform better than expected in 2023.
Staff Reporter
The news desk at Macao News works diligently to bring you all the latest happenings as quickly as possible. Staff reporter duties are shared by Kenny Fong, Amanda Saxton, Sara Santos Silva and Erico Dias, working under the direction of managing editor Aidyn Fitzpatrick.
China has become a key buyer of Brazilian coffee, with exports jumping by around 70 percent between 2017 and this year.
The Social Welfare Bureau says youths are committing more crimes than prior to the pandemic, and that sexual offences make up a large percentage of them.
The latest Consumer Confidence Index shows people are increasingly optimistic about the local economy – though there’s certainly room for improvement.
Two residents were recently stricken with necrotising Vibrio vulnificus infections after coming into contact with dead fish at Coloane beaches.
The move to reduce human-wildlife conflict in the Southern African country comes in response to crop destruction and loss of human lives.
A new survey finds that many in the local food and beverage sector earn less than the average monthly wage.
JP Morgan’s figures suggest the holiday saw higher daily revenue averages than any post-pandemic period to date.
The long-delayed Moamba Major Dam will provide water to the southeast African nation’s largest metropolitan region.
At least two people have been injured due to severe weather brought on by Typhoon Koinu, which pummelled Macao overnight with gale force winds.
Some 5,000 workers arrived over the summer alone, with the overall total increasing by around 19,000 since the start of the year.
As it seeks to build up the non-gaming economy, Macao hopes to lure high calibre professionals to work in its emerging bond market and finance sector.