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Macau returns to economic growth in 2017, says the EIU

Macau returns to economic growth in 2017, says the EIU

The Gross Domestic Product of Macau (GDP) is expected to return to growth in 2017, the year in which the Economist Intelligence Unit (EIU) expects a rate of 5.2 per cent, which will rise one-tenth of a percentage point to 5.3 per cent in 2018 according to the latest report on the territory.
Japan lifting casino ban won’t greatly impact Macau says scholar

Japan lifting casino ban won’t greatly impact Macau says scholar

A green light for casinos to operate in Japan is unlikely to have a significant impact on the gaming industry in Macau, Davis Fong Ka Chio, who heads the Institute for the Study of Commercial Gaming at the University of Macau (UM), said this week. Fong made the remarks in an interview on Wednesday in his office […]
Macau’s foreign trade falls from January to October

Macau’s foreign trade falls from January to October

Foreign trade in Macau totalled 66.613 billion patacas (US$8.326 billion) from January to October, which represents a contraction of 13.565 billion patacas over the same period of 2015, reported the Statistics and Census Bureau.
GDP grows again after 2-year shrinkage

GDP grows again after 2-year shrinkage

Macau’s gross domestic product (GDP) has finally snapped a two-year contraction amid a recovery in casino receipts. GDP grew 4 per cent year-on-year in real terms in the third quarter, the first positive quarterly growth recorded over the past two years, the Statistics and Census Bureau (DSEC) announced yesterday. The bureau attributed the return to […]
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