50 shops in Taipa and Coloane have joined the Economic Services Bureau (DSE) second-phase “special features shop programme”, meaning now altogether 100 shops and restaurants are participating in the scheme.
Business
Macao’s general unemployment rate for June-August stood at 2.8%, while local residents’ jobless rate amounted to 4.0%, up by 0.1 and 0.2 percentage points respectively from the previous survey period (May-July).
Macao will hold three exhibitions late next month to help exhibitors and fairgoers expand their online business and explore new opportunities, the Macao Trade and Investment Promotion Institute (IPIM) has announced.
Macao’s number of non-resident workers fell by 10,787, or 5.5 percent, to 182,711 at the end of last month, according to figures released by the Labour Affairs Bureau (DSAL).
Macao has received a record of four Grand and Gold Awards for its achievements in different areas of the tourism industry, announced at the virtual 2020 Pacific Asia Travel Association (PATA) Gold Awards presentation award presentation ceremony on Thursday.
BNU existing control mechanisms are effective, the bank’s CEO assures, after documents leaked from the US federal agency FinCEN point to suspect financial transactions in Macao.
Macao’s economy will recover in 2021 from a 63% fall projected for this year with the Special Administrative Region’s “fortunes tied to a recovery in Chinese tourism”, the Economist Intelligence Unit (EIU) says.
Macao’s composite consumer price index for last month rose a mere 0.03% year-on-year, the lowest growth recorded since November 2009.
Chief Executive Ho Iat Seng during a meeting with Fujian Governor Wang Ning suggested three approaches for future cooperation between Macao and Fujian