The average price of residential units rose by 7.5 percent year-on-year to 108,427 patacas per square metre of usable area last year, the Statistics and Census Bureau (DSEC) announced.
Business
Chinese authorities on Monday unveiled the outline development plan for the Guangdong-Hong Kong-Macau Greater Bay Area, aiming to develop the region into “a role model of high-quality development.” according to Xinhua News Agency.
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.
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.
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.
The government has reduced the criminal record barriers for people wanting to work as cabbies, according to the final version of its taxi sector bill whose revision was completed by a standing committee of the Legislative Assembly (AL)
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.
“We look forward to the continuation of our gaming concession, joining hands with the government and the people of Macau in creating a new chapter in the city’s growth story,” said the gaming company’s Board Chairman Ambrose So Shu Fai.
Gambling revenue in Macau fell 5 percent in January, the first drop in more than two years, Macau’s Gaming Inspection and Coordination said on Friday.