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Macau economy expected to grow at an average of 4.9% in 2018/2019

Macau economy expected to grow at an average of 4.9% in 2018/2019

Macau’s economy is expected to expand at an average of 4.9% per year in 2018/2019, supported by the upswing in the gaming industry, according to the Economist Intelligence Unit (EIU) in its latest report on the territory, where it also said that the government’s efforts to diversify the economy should have very limited success.
Galaxy Entertainment Group buy 5.3 per cent of Wynn Resorts

Galaxy Entertainment Group buy 5.3 per cent of Wynn Resorts

Galaxy Entertainment Group and Wynn Resorts, Limited announced that Galaxy Entertainment has agreed to purchase 5.3 million primary shares of Wynn Resorts at a price of $175 a share, resulting in $927,500,000 of gross proceeds to Wynn Resorts.
China enhances co-operation with Portuguese-speaking countries

China enhances co-operation with Portuguese-speaking countries

China has strengthened its economic and trade co-operation with Portuguese-Speaking Countries (PSCs) in the past 15 years, and has been dedicated to enhancing its co-operation with those countries in more sectors, senior officials attending a symposium said in Macau Wednesday.
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