Macau’s recession deepened in the third quarter when its gross domestic product shrank by 4.5% year-on-year.
Business
Chief Executive Fernando Chui Sai stressed that Macau has been able to keep up social and economic progress, ensure political stability, improve people’s livelihoods, speed up infrastructure development and maintain social harmony during his 10 years.
Chief Executive Fernando Chui Sai On has no regrets that his government withdrew its controversial perks bill and its 60 billion-pataca “sovereign wealth fund” bill during his 10-year term.
Macau’s cultural industry has developed in a way that it has gradually joined the business sector.
There might be a year-on-year drop in gaming revenue this month due the fact that there aren’t any public holidays and the fact that the external situation is unclear.
The total number of personal credit cards issued by banks in Macau rose by 9.4% year-on-year in the third quarter.
Local businesses express how valuable the China International Import Expo is for them in expanding their opportunities.
An exhibition area at the 2nd China International Import Expo in Shanghai aims to promote Macau’s role as an international centre and platform.
A new training centre for mainland workers who will work in Macao officially opened its doors after a grand ceremony at Zhuhai Technician College in the Zhuhai special economic zone of Guangdong province.