Economy

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.

Bank loan interest subsidies to firms grow in Q3

Macao Economic Services approved MOP111.2 million (US$13.9 million) to subsidise the interest on bank loans by local enterprises during the third quarter of the year, which grew by 27 per cent from th

Continued growth in October money supply

An increase in the total amount of loans and a decline in the total deposits

The city’s money supply continued to grow in the month of October, according to the latest data released by the Monetary Authority of Macau (AMCM).

Beijing will protect MSAR economy, says guru

An international affairs guru believes the Chinese central government will seek to maintain the stabilisation of the MSAR economy by maintaining the current number of visitors

Despite the anti-corruption and anti-gaming policies enforced by the Chinese central government, it is still in Beijing’s interests to guarantee the stability of the MSAR economy by maintaining visito

Private pension fund assets expand 17.6 pct as at Q3-end

Total scheme members amounted to 138,691 at the end of the quarter

A total of MOP16.5 billion (US$2.1 billion)-worth in pension fund assets were under the management of nine local private fund managers as at the end of September, growing by 17.6 per cent compared to

Local insurance market expands by half

Life insurers saw their total premiums soar by 61 per cent year-on-year for the first three quarters of the year

The city’s insurance sector generated gross premiums of MOP16.5 billion (US$2.1 billion) for the first three quarters of the year, surging 52 per cent year-on-year, driven up by a notable increase in

Budget under control

The MSAR Government has managed to generate more surplus than expected as October passes

This week, the city’s Financial Services Bureau (DSF) released the latest central account.

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