Economy

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.

Economy Turns Corner

Good news from the Statistics and Census Service. The city has experienced its first q-o-q growth in real GDP in over two years. Up 4 pct in Q3. Boosted by increased external demand.

Rebounds in the export of services and investment have led to the first quarter growth in real gross domestic product (GDP) in over two years, according to the most recent third quarter data from the

Going to East Timor

As the economy of Portuguese-speaking countries in Africa declines, Macau and Mainland China businessman look for business opportunities in East Timor

While the economy and trade falls in African Lusophone countries, East Timor is stepping up as the newest hot destination for investment by Macau and Mainland China companies looking to explore busine

Unequal funding

On average, female workers make less than their male colleagues

Female non-resident workers in the banking sector made only 66 per cent of what their male colleagues made in average earnings during the month of September, according to the most recent data from the

Inflation slowdown

The city’s inflation rate hit its lowest level since February 2010, slowing to 1.33 per cent y-o-y in October.

The city’s inflation rate slowed to 1.33 per cent year-on-year for October, the lowest rate recorded since February 2010, according to the latest official data released yesterday by the Statistics and

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