The Federal Register of the United States has announced the lifting of special measures imposed on Macao’s Delta Asia Bank, and the withdrawal of the Notice of Finding involving the local bank.
Business
Due to the socio-economic impact of the Covid-19 pandemic, Macao’s population fell by 10,700 quarter-on-quarter to 685,400 at the end of the second quarter
The Economic Services Bureau (DSE) reminded the public in a statement on Sunday that its “special feature shops programme” was launched last month to promote 41 small and medium-sized enterprises (SMEs) and prepare them for the post-Covid-19 reopening of the city.
The 2020 ASEAN Gaming Summit that was to take place in Macao has been cancelled, announced today by its organisers.
A total of 2,438 new companies were registered in Macao in the first half of this year, down by 25.6% year-on-year, the Statistics and Census Bureau (DSEC).
Wynn Macau said that its total operating revenues fell 98.2% year-on-year to US$20.6 million (MOP 163.9 million) in the first quarter of the year.
The Legislative Assembly on Tuesday passed unanimously a government-initiated bill which allows the government to take on debt of up to MOP 2.2 billion (US$275.6 million) for its two loan guarantee schemes for local small- and medium-sized enterprises (SMEs).
The Legislative Assembly’s (AL) Follow-up Committee for Public Finance Affairs will continue to monitor the government’s immovable property, especially when the government is running a budget deficit this year.
Macao’s broad money supply rose 3.7% month-on-month in June with a stable share of patacas, the Macao Monetary Authority (AMCM) said in a statement on Tuesday.