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Airport handles 5.5 million passengers in 2014

Airport handles 5.5 million passengers in 2014

Macau’s airport handled 5.48 million passengers last year, up nine percent from 2013. The figure was released on the sidelines of a Spring Festival dinner hosted by Macau International Airport Company (CAM) on Friday. The number of aircraft movements (takeoffs and touchdowns) rose 7.4 percent to 52,000. The figure included 2,791 business jet movements, up […]
Gold jewellery imports top 10 billion patacas in 2014

Gold jewellery imports top 10 billion patacas in 2014

Macau’s gold jewellery imports rose six percent year-on-year to 10.2 billion patacas last year, the Statistics and Census Bureau (DSEC) announced on Friday. Gold jewellery, the city’s second import item after food and beverages combined, accounted for 11.4 percent of the total value of imports last year. Watch imports rose 22.2 percent to 7.9 billion […]
Hotel guests rise only 0.4 pct last year

Hotel guests rise only 0.4 pct last year

Macau’s number of hotel guests rose a mere 0.4 percent to 10.7 million last year, the Statistics and Census Bureau (DSEC) announced on Friday. Hotel’s average occupancy rate stood at 86.5 percent, up 3.4 percentage points. At the end of last year, the city’s 98 hotels and guesthouses provided a total of 28,000 guestrooms, up […]
Macau ranks 9th in Asia-Pacific in “economic freedom”

Macau ranks 9th in Asia-Pacific in “economic freedom”

Macau ranks ninth in the Asia-Pacific region in terms of economic freedom, down two places from last year, according to the 2015 report from the Heritage Foundation, a conservative US think tank based in Washington DC. Among 42 regional economies, Macau thus ranks only behind Hong Kong, Singapore, Australia, New Zealand, Taiwan, Japan, South Korea […]
Imported workers account for 42 pct of Macau’s labour force

Imported workers account for 42 pct of Macau’s labour force

Non-resident workers accounted for 42 percent of Macau’s total workforce at the end of last year, according to official figures released by the Statistics and Census Bureau (DSEC) and Human Resources Office (GRH) this week. The number of imported workers reached 170,346 at the end of last month, up 23.6 percent year-on-year. The city’s total […]
Inflation hits 6.05 pct in 2014

Inflation hits 6.05 pct in 2014

Macau’s inflation rate hit a whopping 6.05 percent last year, the Statistics and Census Bureau (DSEC) announced Wednesday. A DSEC statement attributed the steep rise mainly to starkly higher housing rents and restaurant prices. For the whole of last year, notable increases were recorded in the price indices of housing and fuels (+11.93 percent) and […]
Centaline forecasts home prices to grow 20 percent this year

Centaline forecasts home prices to grow 20 percent this year

Local housing prices will remain stable in the first half of the year as the market is still in its adjustment period but things will pick in the second half of the year with prices expected to rise up to 20 percent, Centaline (Macau) Property Agency Director Jacky Shek Po Tak said Wednesday. Shek made […]
Macau government wants to raise social security dues

Macau government wants to raise social security dues

Social Security Fund (FSS) President Ip Peng Kin said on Wednesday that the government was proposing to increase the social security dues paid by the city’s employers and employees from the current 45 patacas to 90 patacas a month. Ip also said that once the proposed amount is agreed upon in the government-appointed Standing Council […]
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