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
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 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 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 China in February for the first time in 13 months, as persistent weak demand was compounded by the early timing of the
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 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%
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)
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
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
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 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 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
The Macau Economic Association has raised concerns over a decline in tourist purchasing power, citing global economic uncertainties and weakening spending by visitors. In
Japan’s economy grew at a better-than-expected annual rate of 2.8% in October-December, underlined by steady exports and moderate consumption. On a quarter-to-quarter basis, the world’s fourth
Lawmaker José Pereira Coutinho believes the actual state of the local economy is not as positive as the government has been portraying. He argues that
The Chinese economy is expected to rebound continuously in 2025 despite new variables, an economist said as reported by Chinese financial news outlet Yicai on Sunday.
The total visitor spending (excluding gaming expenses) rose 5.8% annually to MOP75.36 billion in 2024, the Statistics and Census Service (DSEC) reported. The result was credited to
The city’s economy is on track for continued recovery, driven by sustainable tourism, rising non-gaming investments, and a stable financial system, according to the Monetary Authority
The Chinese government is trying to encourage people to spend more by ensuring that share prices will rise, ordering pensions and mutual funds to invest more
Copyright © Macau Daily Times 2008-2022. All Rights Reserved