Local small and medium enterprises (SMEs) are struggling to comply with recent requirements from the Financial Services Bureau (DSF). This requires business owners to provide additional proof
The local economy is expected to grow by 7.7% in 2025, despite facing challenges from a slowdown in China’s economic growth and uncertainties in global economic
The city’s overall consumer confidence index saw a modest increase during the fourth quarter of 2024, rising by 2.54% to 102.95 points from the previous
China’s leaders are bracing for shocks to the economy from higher tariffs threatened by U.S. President-elect Donald Trump once he takes office. To help rev
Lawmaker Ella Lei, representing the Macau Federation of Trade Unions (FAOM), has expressed concerns over the impact of the new Outdoor Performance Venue on the businesses
Chinese retail sales slowed in November and housing prices fell, the government said yesterday, with demand still lackluster despite a flurry of stimulus measures over the past
Chinese leaders met this week to plot economic policy for the coming year, sketching out plans to raise government spending and relax Beijing’s monetary policy to
Higher tariffs on Chinese exports will backfire, just increasing prices paid by consumers, while China can manage to weather the impact of such “external shocks,” a
Macau's economic recovery has reached a significant milestone, with gross domestic product (GDP) expanding 11.5% year-on-year in real terms during the first three quarters of this
The economic prosperity index in Macau is expected to remain stable between November 2024 and January 2025. According to a report published by the
The first time China faced Donald Trump in the White House, there was a trade war, a breach of protocol involving Taiwan’s former leader, and a
China’s economy showed early signs of having bottomed out across the board in October, indicating that the country’s ramped-up efforts to revitalize domestic spending against external uncertainties
The Centre for Macau Studies and the Department of Economics of the University of Macau have adjusted their projections for the local economic outlook
Macau is experiencing a notable economic resurgence, bolstered by its robust public and external finances. Fitch Ratings Inc. has projected solid economic expansion in
With global geopolitical rivalries intensifying and more economies resorting to protectionism, the world economy faces gloomy prospects of low growth and high debt which could leave countries with
The world economy, buffeted by conflict and growing geopolitical rivalries, is in danger of getting stuck in a slow-growth, high-debt rut, the head of the International
China will expand the amount of financing available for housing projects on a “white list” to 4 trillion yuan ($562 billion), officials said yesterday in Beijing’s latest moves
The Chinese government is looking at additional ways to boost the economy, Finance Minister Lan Fo’an said this weekend, but he stopped short of unveiling a
China’s economic planning agency outlined details of measures aimed at boosting the economy, but refrained from major spending initiatives. The piecemeal nature of the plans
China’s economy weakened further in recent weeks, according to surveys released yesterday, signaling the need for more support as the government ratchets up stimulus. The
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