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Macau should see moderate economic expansion in the medium term, IMF says

Macau should see moderate economic expansion in the medium term, IMF says

Macau is expected to experience moderate economic expansion in the medium term, with surpluses in budget execution and external accounts sustained by mass tourism and non-gambling tourism, coupled with the continued monopoly on gambling in China, according to forecast by the International Monetary Fund (IMF).
Fisherman’s Wharf plans VR games centre

Fisherman’s Wharf plans VR games centre

The Macau Fisherman’s Wharf complex in the Outer Harbour plans to open a virtual games centre in conjunction with a Japanese company and a wax museum in the middle of this year, the property’s president, ex-lawmaker Melinda Chan Mei Yi, told reporters Thursday.
Blueprint for Bay Area to be revealed

Blueprint for Bay Area to be revealed

The blueprint for the massive economic development that will turn the Guangdong-Hong Kong-Macao Greater Bay Area into a global economic powerhouse will be made public within days according to China Daily today.
Home mortgage loans rise 13.9 pct in 2018

Home mortgage loans rise 13.9 pct in 2018

The outstanding value of home mortgage loans amounted to 215.7 billion patacas at the end of last year, a year-on-year growth of 13.9 percent, the Macau Monetary Authority (AMCM) said.

BNU visits 3 Portuguese-speaking countries

Representatives of Macau’s two note-issuing banks, Banco Nacional Ultramarino (BNU) and the local branch of Bank of China (BOC) visited three Portuguese-speaking countries (PSCs) last month.
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