FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,
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
China has made remarkable progress in its economic recovery, says Morgan Stanley Chief China Economist Robin Xing, adding that although there are still challenges, he is
AI GOES MAINSTREAM Artificial intelligence thrust itself into public consciousness this year. But the technology, while dazzling for its ability to retrieve information or produce readable prose,
Macau's economy is forecasted to experience significant growth of between 8.3% and 21.0% in 2024, driven by diversification efforts. The University of Macau’s (UM)
Highlighting satisfactory economic data from this year, Chief Executive Ho Iat Seng called for all walks of life to help with diversification during his speech
China's economy grew at a 5.2% pace in the first three quarters of the year and showed signs of improvement in November, with factory output and retail
The uneven recovery of the city’s economy remains a problem, the Macau Economic Association (MEA) has noted. The group said that although tourism districts,
China's economy will slow next year, with annual growth falling to 4.5% from 5.2% this year despite a recent recovery spurred by investments in factories and
Fitch Ratings predicts Macau’s year on year growth to remain strong, at 15% in 2024 from 76% in 2023, off the back of sharp rebounds
The Secretary for Economy and Finance, Lei Wai Nong, is confident Macau will see 28 million tourists by year-end, given there have been over 25
Receipts and expenditure of exhibition organizers totaled MOP38.58 million and MOP97.76 million respectively in the third quarter, representing growth of 279.0% and 155.5% year-on-year respectively.
Copyright © Macau Daily Times 2008-2022. All Rights Reserved
