Economy grew 5.4% in the first quarter as exporters rushed to beat Trump’s tariffs

China’s economy expanded at a 5.4% annual pace in January-March, the government said yesterday supported by strong exports ahead of U.S. President Donald Trump’s rapid increases

Q1 economic growth likely below expectations, says association

Macau's economy may have performed below expectations in the first quarter of 2025, with the Macau Economic Association forecasting real GDP growth to remain flat or

Macau consumer confidence rises in two areas, economy declines: survey

The “Macau Consumer Confidence Index” survey for the first quarter of this year indicates that while consumer confidence in “buying a home” and “investing in stocks”

DSEDT warns of compliance with city-wide consumption scheme

The Economic and Technological Development Bureau (DSEDT) has reaffirmed that refunds for group purchases on any e-platforms in exchange for the opportunity to enter the draw

Fiscal revenue not as optimistic as expected: Tai Kin Ip

Secretary for Economy and Finance Anton Tai Kin Ip stated that the gross gaming revenue (GGR) has yet to reach the target of 20 billion patacas

Retail and catering sectors see surge in sales amid consumption boost scheme

Retail and catering firms are reporting a surge in sales amid the ongoing city-wide consumption boost scheme. During the first week of the

Gov’t to provide professional help for SMEs to learn how to run their businesses

The Economic and Technological Development Bureau (DSEDT) has announced the launch of a new program that aims to provide professional support to local small and medium

With outlook uncertain, the Bank of England joins the US Fed in putting interest rates on hold

The Bank of England kept its main U.K. interest rate unchanged at 4.50% yesterday even though the economy is barely growing and the nation faces more

Association projects stable economic outlook amid uneven recovery

The Macau Economic Association (MEA) has projected a stable outlook for the region’s economy despite persistent inconsistencies in key economic indicators. According to

Japan’s economy grew at a 2.2% annual rate in Oct-Dec

Japan’s has cut its estimate for its economic growth in the last quarter of the year to a 2.2% annual pace from 2.8% as consumer spending hit

China’s exports and imports weaken in Jan-Feb as demand slides amid global trade uncertainty

China's exports rose a less-than-expected 2.3% in January and February from a year earlier while imports fell more than 8% in a slow start to a

Consumer prices fell in February and remain flat in a sluggish economy

Consumer prices fell in China in February for the first time in 13 months, as persistent weak demand was compounded by the early timing of the

DSEDT sets up 60 card replacement points for seniors ahead of spending rewards campaign

The Economic and Technological Development Bureau (DSEDT) has partnered with the Macao Chamber of Commerce to set up 60 card replacement points for senior citizens.

Fitch projects that GDP growth will decelerate to 6.9% in 2025

Fitch forecasts GDP growth will slow to 6.9% in 2025, down from 8.8% in 2024, as gross gaming revenue (GGR) grows more slowly, reaching around 81%

The economy and AI are likely to be among the top issues for the legislature

Harnessing the power of artificial intelligence and shoring up the economy are among the issues expected to top the agenda when the National People’s Congress (NPC)

Gov’t financial reserve grew 5.3% on investment in 2024

In 2024, the Macau Special Administrative Region (SAR) Financial Reserve recorded an investment income of MOP30.95 billion, an annual return of 5.3%, the Monetary Authority of

GDP reaches MOP403b in 2024 with 8.8% growth

The economy continued its recovery in 2024, with Gross Domestic Product (GDP) growing by 8.8% year-on-year in real terms, reaching MOP 403.3 billion, according to the

Macau included in US list of ‘foreign adversaries’

A memorandum signed by President Donald Trump on the “America First Investment Policy” notes that the Macau Special Administrative Region (Macau SAR) has been officially included in the

Inflation accelerates for the first time in six months

Inflation in the city accelerated in January, mainly due to the rising cost of meals purchased outside the home during the Lunar New Year.

President Xi meets with tech business leaders

President Xi Jinping met with private sector business leaders yesterday, state media reported, as government officials work to revive an economy disrupted by a pandemic, regulatory crackdowns

MACAU DAILY TIMES