FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,
Chinese economic officials expressed confidence yesterday they can meet this year’s growth target of “around 5%” by generating 12 million new jobs and encouraging consumer spending following
The economy of Macau declined by 26.8% year-on-year in real terms in 2022, data from the Statistics and Census Service (DSEC) showed. In 2022,
The University of Macau (UM) projects that the economy will grow between 20.5% and 44.1% this year, with recovery being more obvious in the second half
China’s economic growth fell to its second-lowest level in at least four decades last year under pressure from anti-virus controls and a real estate slump,
The city’s Prosperity Index is estimated to increase by almost a whole point this month, the Macau Economic Association (MEA) announced in a statement. The index
China's trade surplus swelled to a record $877.6 billion last year as exports rose despite weakening U.S. and European demand and anti-virus controls that temporarily shut
Chinese regulators have said e-commerce giant Alibaba’s finance affiliate Ant Group can raise $1.5 billion for its consumer finance unit in an important step forward after the
The city’s prosperity index will likely bounce out of low rankings during or by the second quarter next year, the Macau Economic Association (MEA) has estimated.
Heightened policy uncertainty and a lacklustre recovery in mainland China, coupled with the global monetary tightening cycle and recessions in the US and Eurozone, will affect growth
The SAR’s gross domestic product (GDP) plunged 33.4% year-on-year in the third quarter of this year as the city battled its largest outbreak since 2020.
Britain's inflation rate rose to a 41-year high in October, fueling demands for the government to do more to ease the nation’s cost-of-living crisis when
Chinese consumer spending contracted in October and factory activity weakened as anti-virus controls following a rise in infections weighed on the economy. Retail sales sank
With the economy at the center of public discussion, a survey has discovered that residents want adjustments to the cash handout policy. The Choi In Tong
Renault SA and China’s Geely announced plans yesterday for a jointly owned venture to produce gasoline-powered and hybrid powertrains, adding to a series of partnerships between
China's trade shrank in October as global demand weakened and anti-virus controls weighed on domestic consumer spending. Exports declined 0.3% from a year earlier to
Chinese tech giant Huawei’s revenue rose in the latest quarter as infrastructure sales helped to offset damage to its smartphone business under U.S. sanctions, according to
China will further intensify its efforts to encourage foreign investment, an official with the country’s top economic planner said yesterday. Zhao Chenxin, deputy director of
Hong Kong’s share benchmark soared more than 5% yesterday as Asian shares tracked gains on Wall Street. New Zealand’s share benchmark rose 0.7% after its central bank hiked
The OPEC+ alliance of oil-exporting countries yesterday will debate a potentially large cut in the amount of crude it ships to the global economy — a
The University of Macau (UM) estimates that economic growth will drop between 26.4% and 29.2% this year. This is followed by a drop between
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