The Secretary for Economy and Finance evoked the “Macau spirit” to bring people together, overcome the difficulties they face and use the opportunity to improve the city’s economy.s . Lionel Leong Vai Tac said in a recent interview with Exmoo News that, in meetings with friends, social groups and people in industry, he felt the […]
economy
Macau’s economy will resume growth in 2017, at a rate of 4.6 percent, after ending 2015 with a contraction of 23.0 percent and continuing in negative territory in 2016, with -2.7 percent, according with the most recent forecasts from the Economist Intelligence Unit (EIU). Gross fixed capital formation, or investment, which in 2014 recorded exceptional […]
Chief Executive Fernando Chui Sai On promised in his 2016 Policy Address to boost the economy, improve residents’ livelihoods and consolidate the city’s development. Chui also said that the government would continue its annual “wealth-sharing” handout scheme next year – 9,000 patacas for permanent and 5,400 patacas for non-permanent residents, both amounts unchanged from this […]