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Macau jobless rate rises to 1.8 pct

Macau jobless rate rises to 1.8 pct

Macau’s estimated jobless rate rose by 0.1 percentage point to 1.8 percent in March-May from the February-April survey period, the Statistics and Census Bureau (DSEC) announced on Monday. Year-on-year, the rate also increased by 0.1 percentage point. The city’s total labour force stood at 405,700 and the labour force participation rate amounted to 74 percent […]
Macau exports and imports fall in May

Macau exports and imports fall in May

Macau’s exports and imports fell in May, the Statistics and Census Bureau (DSEC) said on Monday. Exports fell 5.9 percent year-on-year to just 874 million patacas. Re-exports accounted for 82.2 percent of all exports. Both Re-exports and domestic exports were down. Imports dropped 4.3 percent to 6.9 billion patacas, resulting in a trade balance deficit […]
162,000 people to live on 5 land reclamation sites

162,000 people to live on 5 land reclamation sites

A sand supply shortage has held up the reclamation works for the region’s new Zone A, which is unlikely to meet its mid- November deadline, confirmed the Secretary for Transport and Public Works, Raimundo do Rosário. This was revealed after an introductory meeting for the urban planning committee before the third and final public consultation […]
Macau animal lovers march for animal rights (Politics)

Macau animal lovers march for animal rights (Politics)

The Abandoned Animals Protection Association of Macau (AAPAM) held a demonstration for animal rights on Sunday. The demonstrators started out from Praça do Tap Seac and marched to the Legislative Assembly (AL) where they handed in a petition, signed by 1,252 people, to an official of legislature. According to Josephine Lau Pau Chan, one of […]
Government dumps ‘Macau People, Macau Land’ plan

Government dumps ‘Macau People, Macau Land’ plan

The Housing Bureau (IH) said in a statement on Friday that right now the“conditions” for the government to implement its so-called Macau Residents Home Purchase Plan – popularly known as “Macau People, Macau Land” – were “not right” as civil society had not reached a consensus on the matter. The bureau said in the statement […]
Macau’s imported workers reach 179,416

Macau’s imported workers reach 179,416

Macau’s number of imported workers – popularly known as blue card holders – reached 179,416 at the end of last month, up 17.8 percent year-on-year, the Human Resources Office (GRH) has announced. Macau’s total workforce stood at 405,800 in April, according to the latest available employment figures by the Statistics and Census Bureau (DSEC). Mainlanders […]
Macau and Guangdong governments sign 8 co-operation agreements

Macau and Guangdong governments sign 8 co-operation agreements

Chief Executive Fernando Chui Sai On said on Thursday he was confident about his government’s decision to invest part of Macau’s financial reserves in major infrastructure projects in Guangdong. Chui made the upbeat remark at a press conference after the one-day 2015 Macau-Guangdong Joint Co-operation Conference in Jiangmen city on Thursday. Secretary for Economy and […]
Macau’s GDP expected to contract 24 pct in 2015, EIU says

Macau’s GDP expected to contract 24 pct in 2015, EIU says

The Economist Intelligent Unit (EIU) has significantly increased its economic contraction forecast for the Macau economy this year to 24.0 percent, according to a report produced on 17 June. In the previous report, produced five days before, on 12 June, for this year the EIU outlined a contraction of just 6.0 percent. The EIU also […]
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