The non-performing loans ratio last November hit a record high of 5.5 percent, a figure that was carried over in December, the last month for which data has been released
Business
The chief executive has attacked Macao’s dependence on the gambling industry, calling it out for the lack of innovation and visitor diversity in the city
Following reports of Hong Kong travellers shunning Macao for Shenzhen, Macao’s tourism officials unveil a plan to lure them back
The US dollar made up the largest proportion of international banking transactions in the fourth quarter of 2024, while the pataca was used in less than 1 percent
Average price per metre was down, however, with the price of residential units on the Macao Peninsula falling by a whopping 12.5 percent
But while last year saw more such events being staged in the SAR, the number of attendees and participants fell by 17.1 percent year-on-year
Average residential rents in Macao were up 3.9 percent last year, when compared with 2023, according to the latest figures from the Statistics and Census Service
Non-Chinese speakers rejoice: the popular e-commerce giant is now offering an English interface to users in both both SARs
Macao, the Philippines, Vietnam and Thailand are the markets that the Black Spade unit is looking at during the initial phase of its partnership with US-based Kingsmen