Tag: Stats
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Mortgage loan approvals surge 31% in January
Macau’s banking sector experienced a significant rise in mortgage loan approvals at the start of the year, according to the Monetary Authority of Macao (AMCM). In ... -
Employment holds steady as retail trade sees modest growth
The Wholesale & Retail Trade sector employed 68,554 people, maintaining stability compared to the same period in 2023, according to data from the Statistics and Census ... -
Taxi drivers’ infractions more than tripled in January
Last month, the number of violations by taxi drivers last month was over three times higher than during the same month last year, according to data ... -
Macau sees increase of nearly 6,000 non-resident workers in 2024
Macau’s workforce expanded by nearly 6,000 non-resident workers in 2024, according to data from the Labour Affairs Bureau. By December, the city employed more than 182,000 ... -
Merchandise trade declines, marking decrease in imports and exports
Macau’s external merchandise trade totaled MOP142.15 billion in 2024, a decrease of 8.2% from MOP154.78 billion in 2023, according to the Statistics and Census Service (DSEC). ... -
Cross-border traffic surge as city sees increase in vehicle registrations and air travel
Macau’s cross-border traffic saw a significant rise in 2024, with the number of trips by vehicles, passenger ferries, and commercial flights all experiencing notable increases. According ... -
Zhuhai checkpoints leading to Macau, Hong Kong report record high 2024 passenger flows
A record-breaking 203 million inbound and outbound passenger trips were made in 2024 via checkpoints in the Chinese mainland city of Zhuhai leading to Macau and ... -
Surging number of foreign tourists enter Hainan visa-free in 2024
In 2024, the number of foreign tourists that entered south China’s island province of Hainan visa-free surged by 283 percent compared to the previous year, local ... -
F&B revenues rise, retail drops in October
Receipts from restaurants and similar establishments in Macau rose by 6.8% month-on-month in October 2024, largely due to the National Day holidays, according to the Statistics and Census ... -
Retailers anticipate decline in Q4 sales
Macau’s retail sales saw a significant year-on-year decline of 16.9%, totaling MOP53.48 billion in the first three quarters of 2024, according to the latest data from ... -
Pay stability for gaming workers amid employment shifts
Macau’s gaming industry workers are enjoying stable salaries, with a median monthly income of MOP21,000 reported in the third quarter This figure remains unchanged from the ... -
Significant increases in cross-border traffic, flights
Cross-border vehicular traffic in Macau saw a significant 22.5% increase, totaling 797,954 trips in August, according to data from the Statistics and Census Service (DSEC). Macau ... -
Cultural participation shows mixed trends in Q2
A total of 282,400 individuals engaged in cultural activities in the second quarter of 2024, reflecting a participation rate of 50.1% among those aged 16 and above, according to recent ... -
Labor shortage in Q2 drives up demand for manpower
The survey on manpower needs and wages for the second quarter (Q2) of 2024 has shown that the demand for manpower continued to increase amid the ... -
Traffic accidents on the rise
The Public Security Police Force has reported a rise in traffic accidents in July, with 1,405 incidents recorded, marking a 24% increase compared to the same ... -
Population grows to 687,000 in H1
By the end of June 2024, the total population reached 687,000 – marking an increase of 8,200 from the previous year, primarily driven by a rise ... -
IPIM approves 11 new temporary residency applications in H1
In the first half (H1) of the year, the Commerce and Investment Promotion Institute (IPIM) processed 68 applications for temporary residency under the investment program as ... -
Unemployment rate returns to pre-pandemic levels
The latest employment survey from the Statistics and Census Service (DSEC) reveals the unemployment rate has dropped to levels not seen since the second quarter of ... -
MGTO asserts July a successful month for tourism
July was a great month for local tourism, the Macao Government Tourism Office (MGTO) has said in a press statement, with preliminary figures indicating nearly 96,000 ... -
CB: Minor issues cause 50% of ambulance calls
Most ambulance calls are due to minor issues, the Fire Services Bureau (CB) noted during its report yesterday on bureau services over the first half of ... -
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 but ... -
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 of ... -
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. In the ... -
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 the ... -
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 Census ... -
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 ... -
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 ... -
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 arrivals ... -
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 Bureau ... -
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, ...
