The Macao Special Administrative Region’s (MSAR) average residential property price dropped to below MOP 100,000 (US$12,500) per square metre last month.
Financial Services Bureau
The government’s income from gross gaming revenue taxes fell 56.5% year-on-year to MOP 21.0 billion (US$2.6 billion).
The number of property units sold last month fell 43.7% year-on-year to 443.
The government’s receipts from gaming taxes fell 47.9% year-on-year to MOP 20.5 billion (US$2.56 billion) in the first four months of the year, the Financial Services Bureau (DSF) announced today.
The Macau government’s income from gross gaming revenue taxes fell 12.1% year-on-year to MOP 17.23 billion (US$2.15 billion) in the first two months of the year.
The Macau Government will review the legal diploma that requires at least two years of registration in the Financial Services Bureau for SMEs to apply for existing support plans.
Debate over legal amendment which establishes new rules for the financial transparency of Macau based persons and companies which have tax residences abroad has reached a conclusion.