FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,
The International Monetary Fund (IMF) has affirmed its prediction that the local economy will grow by 13.9% this year and 9.6% next year, according to its
China’s economy expanded at a faster than expected pace in the first three months of the year, helped by policies aimed at stimulating growth and stronger
The Macau Economic Association has announced its predictions for Macau’s first-quarter economic performance, indicating a promising recovery for the region. According to the association’s forecast, the
The University of Macau (UM) has revised its economic projection on the SAR, predicting a growth of 16.8% to MOP415.3 billion (equivalent to 94.5% of
Macau has topped the list of Asia’s fastest growing economies in 2024, with a booming a real GDP growth rate of 27.2% and a GDP per
Last month’s inflation reached the highest point of the last four years, a statistics release from the Statistics and Census Service (DSEC) has shown. According to
China’s manufacturing and investment improved in the first two months of the year, while weakness in the property sector weighed on the economy, the National
The second quarter of the year will see a slight rise in the Prosperity Index, the Macau Economic Association has forecast. Noting the economy is
The International Monetary Fund (IMF) Mission has surveyed Macau’s macroeconomic and financial assessments, concluding that the local economy is “robust”. The preliminary conclusion from the IMF forecasts
Macau's economy expanded by 80.5% year-on-year in 2023, following the gradual resumption of local economic activity and exports of services. Government data shows
Secretary for Economy and Finance Lei Wai Nong expects this year’s GDP will reach 90% of the level back in 2019, or a 10.3% de-facto
Despite robust economic growth and recovering consumer spending, restaurants and retailers in non-touristy areas are far from recovery. The recent 10-day Chinese New Year holiday period
China’s central bank announced yesterday that it cut its 5-year loan prime rate while leaving its 1-year rate unchanged in the latest move to ease pressures on
Japan’s economy is now the world’s fourth-largest after it contracted in the last quarter of 2023 and fell behind Germany. The government reported the economy
Chinese and U.S. officials have met in Beijing for talks on tough issues dividing the two largest economies, as trade and tariffs increasingly draw attention in the
A Chinese state investment fund promised to expand its purchases of stock index funds, among other moves signaling Beijing’s resolve to stabilize markets that have been
A survey of factory managers in China released Wednesday shows manufacturing contracted in January for a fourth straight month, reflecting weak demand and a faltering recovery in
A Hong Kong court ordered China Evergrande, the world’s most heavily indebted real estate developer, to undergo liquidation following a failed effort to restructure $300 billion owed
According to China’s Several positive data points include: (i) a decrease in youth unemployment to 14.9%; (ii) maintaining a low overall unemployment rate (5.2%); (iii)
The United Nations issued a somber global economic forecast for 2024 last week, pointing to challenges from escalating conflicts, sluggish global trade, persistently high interest rates and
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