Residents’ investments portfolio up 9.7% at the end of 2023

Statistics released by the Monetary Authority of Macao (AMCM) show that the investment accounts of Macau residents (including individuals, the government, and other legal entities

Restaurant receipts plummet nearly 12% in April

Local restaurant receipts plunged 11.8% in April 2024 compared to the same month the previous year, according to data released by the Statistics and Census Service

Labor market shows uneven recovery in Q1

Data from the Statistics and Census Service (DSEC) has revealed an uneven recovery, with the tourism-related sectors showing stronger growth, while other industries experienced more mixed

April visitor arrivals back to 75.8% of pre-pandemic level

The city saw a 14.4% year-on-year increase in visitor arrivals, to 2,600,717, in April 2024, recovering to 75.8% of the figure in the same month

Per-capita visitor spending in Q1 surpassed pre-pandemic levels by 40%

Visitor's per-capita spending during the first quarter (Q1) of this year has reached MOP2,293, the Statistics and Census Service (DSEC) has noted in a release.

Smoking cessation services see 31% increase in past year

The Health Bureau (SSM) reported a significant increase in the number of people seeking smoking cessation services in 2023, underlining the city’s efforts to tackle

Hotel occupancy bounces back Q1, city to see more hotel rooms

Macau's tourism industry has experienced a robust recovery in the first quarter of 2024, as evidenced by hotel occupancy rates. Data from the Statistics and

Q1 unemployment hits 2.1%

The SAR’S general unemployment rate stood at 2.1%, and local residents’ unemployment rate was 2.7% in the first quarter of 2024, both decreasing by 0.2 percentage points

Visitors recovery 86% pre-pandemic in Q1

Visitor arrivals to Macau jumped 79.4% in the first three months of 2024 compared to the same period last year, according to government statistics. The 8.9 million

Visitor arrivals surge in first quarter of 2024

Provisional figures from the Public Security Police Force show Macau registered about 88.84 million visitor arrivals in the first quarter of 2024. Average daily visitor

MPay reports 200% growth in payment volume by local users in Japan in Q1

MPay's cross-border payment service, launched by Macau Pass in August 2023, has recorded significant growth in transactions in Japan during the first quarter (Q1) of this

Macau airport reports profits as passenger traffic returns

The city’s airport reported nearly MOP1.19 billion in revenue for the 2023 fiscal year, up 179.8% from the previous year amid the travel and economic rebound.

February visitors recovers to 93% pre-pandemic levels amid CNY

Visitor arrivals soared by 106.7% year-on-year to 3,293,564 in February, recovering to 92.9% of the level recorded in the same month of 2019, according to data

Economy shows signs of improvement, but its property sector is still in the doldrums

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

Public revenue more than doubles in first two months

Macau's revenue in the first two months of 2024 has more than doubled compared to the previous year, primarily due to the recovery of gaming taxes, data

Health Bureau logs third whooping cough case this year

The third case of whooping cough in Macau this year, which was an imported case, was detected on March 8, the Health Bureau (SSM) has

Gaming staff wages rose 6.8% at year end 2023

The wages of full-time employees of the local gaming sector rose on average last December by 6.8% year-on-year, to MOP25,290, the results of a survey on

Macau’s revenues nearly quadruple in January

Macau's current revenue in January 2024 increased nearly fourfold from the same month in 2023. The recovery of gaming taxes contributed to this growth, with

Nearly 26,000 foreign workers hired in 2023

Macau companies hired nearly 26,000 blue card holders in the past year, following a reduction in the number of foreign workers the year prior due

Unemployment rate returns to pre-pandemic levels, DSEC claims

Official statistics released from the Statistics and Census Service (DSEC) show that the unemployment rate of local residents in the three months spanning November 2023

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