The index for pre-sale units rose due to new property launches, but overall Macao’s residential property price index saw a decline from May to July
Business
The value of new commercial loans granted was down by almost 85 percent month-on-month, while residential mortgages decreased by a modest 0.3 percent
While the tourism and leisure sector shows resilience, persistent macroeconomic imbalances and subdued property market activity continue to pose challenges
Prime Minister Anutin Charnvirakul has cited Beijing’s opposition to casinos in the kingdom as one reason he won’t consider resurrecting a recently shelved bill
Some 8,000 Indonesians make up more than four percent of Macao’s non-resident workforce, contributing to the US$16 billion in remittances sent back to Indonesia in 2024
Macao’s gaming tax receipts show a healthy increase in August, reflecting robust gross gaming revenue performance and contributing significantly to the government’s coffers
Speaking at yesterday’s Belt and Road Summit, a representative from the central government said the move would be part of China’s Belt and Road Initiative (BRI)
Citigroup’s latest table survey shows premium mass wagers have risen 3 percent year-on-year in September so far, despite casinos clocking 18 percent fewer players
Gold is breaking historical records. What can Macao’s history with bullion tell us about its appeal?
The flight from risk is channelling capital into the precious metal as investors grow concerned that inflation pressure may be feeding into higher prices