Macao’s exports and imports in the first 10 months of the year fell by 18.1% and 7.1% to MOP 8.6 billion (US$1.08 billion) and MOP 67.4 billion respectively.
Statistics and Census Bureau
The number of meeting, incentive, conference and exhibition (MICE) events held in Macao in the third quarter and the total number of participants both increased quarter-to-quarter, the Statistics and Census Bureau (DSEC) announced on Thursday.
Macao’s number of visitor arrivals grew by 29.6% month-to-month to 581,986 last month, the Statistics and Census Bureau (DSEC) said in a statement on Tuesday.
Macao’s value of retail sales rose 29.4%t quarter-to-quarter to MOP 8.92 billion (US$1.12 billion) in the third quarter, the Statistics and Census Bureau (DSEC) said in a statement on Tuesday.
Gaming and junket activities’ share of Macao’s gross domestic product rose by 0.2 percentage points from 50.7 per cent in 2018 to 50.9 per cent last year.
Chief Executive Ho Iat Seng said on Tuesday that only after Covid-19 vaccines are available can Macao’s economy and employment situation improve.
A total of 2,542 building units and parking spaces were purchased and sold in the third quarter as per stamp duty records, a decrease of 3.6 per cent quarter-to-quarter.
Macao’s population at the end of the third quarter was down by 2,600 quarter-to-quarter to 682,800, due to a drop in the number of non-resident workers living here.
Some 212,000 guests checked into Macao’s 177 hotels and guesthouses in September, a year-on-year drop of 81%.