Macau’s gross domestic product (GDP) shrank by 3.2 percent year-on-year in real terms, ending the uptrend that lasted for 10 consecutive quarters, the Statistics and Census Bureau (DSEC) said Monday.
News
Chief Executive Fernando Chui Sai On chaired a high-level meeting Mondayabout the spirit of a letter sent by President Xi Jinping to local pupils last week.
Gaming revenue returned to year-on-year growth last month, yet analysts cautioned that the modest gain is a sign that the world’s largest gaming hub still faces headwinds from regional competition and trade-war uncertainties.
The Macau government will subsidise the LRT skytrain operation with more than 1 billion patacas a year, Mak Soi Kun, president of the Legislative Assembly’s Public Finance Affairs Follow-Up Committee, has indicated.
A 32-year-old local woman who is 14 weeks pregnant and works at StarWorld Hotel has been infected with the rubella virus, Health Bureau (SSM) said.
The Macau government intends to hire a consultancy to study the feasibility of opening a stock market in Macau, Macau Monetary Authority (AMCM) President Benjamin Chan Sau San says.
Macau’s economy in the first quarter experienced negative growth year-on-year, primarily due to the high base of comparison in the same quarter of last year.
Melco Resorts& Entertainment Limited announced that it bought a 19.99 percent stake in Crown Resorts Limited from CPH Crown Holdings Pty Limited.
The Health Bureau (SSM) hosted a press conference Wednesday at the public Conde de São Januário Hospital Centre about a new flu outbreak that has been in the city for the past two months and is forecast by the bureau to last another two to three weeks.