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Economy

Inflation slowdown

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

New financial institution set up in Macau

The MSAR government has approved the operation of a financial institution – GPAP Macau, S.A. – in the city, according to a dispatch released yesterday in the Official Gazette.

Peninsula-Zone A links to cost MOP305 mln

A new link connecting the city’s northern district and Zone A of the new urban reclamation area is to cost MOP305 million (US$38.1 million), yesterday’s Official Gazette indicated.

Cash handout

Despite the city undergoing an economic adjustment phase since 2014, the continual support and benefits for citizens from the government have been beneficial, notes the Director of Macau Development S

IMF: MSAR mid-term outlook strong

The International Monetary Fund (IMF) expects the city’s medium-term outlook to remain strong following the MSAR economy is moving towards less volatility, observed a press release by the Fund on Tues

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