SJM Holdings Executive Director-cum-CEO Ambrose So Shu Fai said on Thursday that the China-US trade war was set to impact Macau’s gaming revenues to some extent if it continues.
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US credit rating agency Moody’s Investors Service affirmed on Wednesday Macau’s local and foreign currency issuer rating at Aa3 and maintained the special administrative region’s “stable outlook”.
Executive Director Grant Bowie said yesterday that the company would keep working hard, do the best that it can and focus on the local community during the current China-US trade war.
The total land area the Macau Special Administrative Region (MSAR) reached 32.9 square kilometres at the end of last year, an increase of 38.2 percent from the end of 1999, when the MSAR was established and its land area stood at 23.8 sq. km.
The Legislative Assembly (AL) has passed the outline of a government-drafted bill which proposes the launch of a charge scheme on plastic carrier bags for retail businesses.
There are more but smaller households compared to five years ago, according to the findings of a survey announced by the Statistics and Census Bureau (DSEC) on Friday.
The Macau government will strengthen economic and trade cooperation with the outside world, notably Latin America through Brazil, the European Union through Portugal and Africa through Angola and Mozambique, the Secretary for Economy and Finance said in Beijing.
Macau’s economy is expected to see a growth of 4.3% this year, down by 40 basis points from 4.7% in 2018, according to the latest economic forecasts from the International Monetary Fund (IMF).
he Macau government is working to publicise the currency of China and the services provided by local banks in Portuguese-speaking countries, the secretary for Economy and Finance said on Wednesday in Beijing.