Secondary menu

Economy

IMF Upgrades Economic Prospects

The International Monetary Fund has forecast that Macau’s Gross Domestic Product will contract by 4.7 per cent year-on-year for 2016 but rebound to 0.2 per cent growth in 2017.

Inflation Hits 6-year Low

Inflation hit a new low of 1.65 per cent year-on-year in the month of August – the lowest since January 2010, according to the latest data from the Statistics and Census Service (DSEC).

Fake banknotes found in casinos

The Judiciary Police (PJ) received reports from six local casinos last week warning that they had detected 20 counterfeit HK$1,000 (MOP1,030/ US$129) banknotes on their premises, according to a report

Syndicate content