Economy

Macau ranked fourth in China’s multi-millionaire stakes

Over 10,000 households in Macau own RMB6 mln-worth of assets in 2017
There is one multi-millionaire for every 91 individuals in Macau for the year 2017, ranking the city fourth in China, according to Hurun Wealth Report 2017. For the first time, the report includes bo

Circulation of pataca increases moderately

Money supply maintained an upward trend while loans and deposits also increased in July
According to the monetary institution, the currency in circulation grew 1.6 per cent month-to-month in July while demand deposits fell 1.8 per cent when compared to June.

Continuing rise

The second quarter of this year saw the MSAR’s gross domestic product go up by 11.5 per cent yearly

Macau’s gross domestic product grew 11.5 per cent year-on-year in real terms in the second quarter of the year, according to data published by the Statistics and Census Bureau (DSEC).

SMG deputy head: will review insufficiencies

The deputy head also discussed the conditions when the typhoon hit the city and the system for forecasting storms

“We will have a full review of our insufficiencies,” said Leong Ka Cheng the deputy director of Meteorological and Geophysical Bureau (SMG) during a press conference on Friday at the Civil Defense Act

Inflation rate reaches 1.18 per cent in July

Education and Health registered the largest yearly increases in the price index in July, with the Communication price index seeing the largest decrease

The Composite Consumer Price Index in July posted an increase of 1.03 per cent year-on-year, with the inflation rate reaching 1.18, according to the latest data released by the city’s Statistics and C

Consumer Confidence Brittle

According to a local survey, confidence in the economy rose slightly in Q4. The only one of six indicators to do so.

Local residents began to have more positive sentiments about the city’s economy during the fourth quarter of 2016 despite the fact that a decrease was recorded in their overall consumer confidence for

MSAR achieves 9 pct non-gaming goal

The year 2015 marked the MSAR’s achievement of its minimum 9 pct non-gaming revenue goal, five years ahead of schedule.

In the year 2015, the six major gaming operators in Macau saw their overall adjusted non-gaming income account for 9.39 per cent of their total revenue, five year

Inflation rebounds slightly

The city’s consumer price index (CPI) grew by 1.53 per cent year-on-year to 108.67 for the month of November, the latest data released yesterday by the Statistics and Census Service (DSEC) shows.

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