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  • Macao's forex reserves edge up to 22.5 bln USD at end of February

    The preliminary estimate of Macao's foreign exchange reserves amounted to 180.7 billion patacas (about 22.5 billion U.S. dollars) at the end of February, the special administrative region's monetary watchdog said here Wednesday.

    March18,2020


  • Macao's residential property price index stable from Sept. to Nov.

    Macao's residential property price index of the period from September to November 2019 held steady at 267.4 compared to the previous period from August to October 2019, the special administrative region's statistic service said here Thursday.

    January10,2020


  • Musicians from China's Greater Bay Area to jointly present New Year concert

    Several hundred musicians from China's Guangdong-Hong Kong-Macao Greater Bay Area will jointly present a New Year concert, according to the event's host the China Media Group.

    December30,2019


  • Visitor arrivals to Macao down 10.9 pct in November

     The visitor arrivals to Macao totaled 2.91 million in November 2019, down 10.9 percent year-on-year, the special administrative region (SAR)'s statistic department said here on Sunday.

    December30,2019


  • China's central bank raises daily Macao remittances cap to same-name Chinese mainland accounts

    China's central bank on Wednesday issued a statement to further facilitate individual cross-border renminbi remittances in Macao.

    December20,2019


  • First direct air route between Hanoi and Macao opens

    The first direct air route between Vietnamese capital city of Hanoi and China's Macao Special Administrative Region (SAR) operated by the country's national flag carrier Vietnam Airlines has opened.

    December18,2019


  • Mainland-Macao cultural, tourism exchanges continue to deepen: vice minister

    The mainland and Macao have seen constant progress in exchanges and cooperation in the fields of culture and tourism since Macao's return to China in December 1999, said Vice Minister of Culture and Tourism Zhang Xu in an interview with Xinhua.

    December16,2019


  • Macao's restaurant, retail business performance improved in May

    The business performance of restaurants and retail trade in China's Macao Special Administrative Region (SAR) improved in May 2019 due to the Labour Day holiday, the SAR's statistic service said here on Thursday.

    July18,2019


  • Macao's retail sales decrease year-on-year in Q1

    The value of retail sales in China's Macao Special Administrative Region (SAR) for the first quarter of 2019 decreased by 1.9 percent year-on-year to 20.38 billion patacas (2.52 billion U.S. dollars), yet up by 2.6 percent quarter-on-quarter, the SAR's statistics service said on Friday.

    May24,2019


  • Int'l business in Macao banking sector rebounds in Q1 2019

    The share of international assets in Macao's banking assets increased to 86.1 percent at the end of March 2019 from 85.2 percent at the end of December 2018, while the share of international liabilities in banking liabilities rose to 82.0 percent from 81.1 percent.

    May17,2019


  • Macao to hold 10th int'l infrastructure forum late May

    The 10th International Infrastructure Investment and Construction Forum is to be held in China's Macao Special Administrative Region (SAR) late May, focusing on sustainable and quality development of global infrastructure, organizers said here on Friday.

    May10,2019


  • Macao's containerized cargo by land surges 47.3 pct in Q1

    Macao's gross weight of containerized cargo by land grew 47.3 percent year-on-year to 4,604 tonnes in the first quarter of 2019, but the seaborne containerized cargo slightly decreased, the special administrative region's statistic service said on Saturday.

    May05,2019


  • Macao holds int'l travel industry expo

    The seventh Macao International Travel (Industry) Expo kicked off here on Friday, with a total of 452 tourism-related entities and enterprises from 53 countries and regions participating in the expo.

    April28,2019


  • Macao's composite CPI up by 2.79 pct in February

    Macao's composite consumer price index (CPI) in February 2019 increased by 2.79 percent year-on-year to 115.31, down by 0.25 percentage points from the 3.04 percent growth in January.

    March22,2019


  • Macao SAR's GDP grows 4.7 pct in 2018

    The economy of the Macao Special Administrative Region (SAR) grew 4.7 percent in 2018 as its gross domestic product (GDP) amounted to 440.3 billion patacas (54.6 billion U.S. dollars), but the pace of growth slowed notably.

    March01,2019


  • Experts eye great dev. potential for financial service sector in Greater Bay Area

    Financial service sector is expected to be an important engine to pillar up the new round of economic development in the Guangdong-Hong Kong-Macao Greater Bay Area, reported Xinhua-run Shanghai Securities News citing experts Tuesday.

    February26,2019


  • Overall business performance of Macao retail trade favourable in 2018

    The overall business performance of retail trade in Macao was relatively favourable in 2018, with over 60 percent of the interviewed retailers reporting a year-on-year sales rise in seven months throughout the year, the special administrative...

    February25,2019


  • Macao media, civil society hail Greater Bay Area outline development plan

    The newly-released outline development plan for the Guangdong-Hong Kong-Macao Greater Bay Area has immediately become a hot topic in Macao's media and society.

    February21,2019


  • NDRC, Macao SAR sign arrangement on supporting Macao's full participation in B&R initiative

    The National Development and Reform Commission (NDRC) and Macao Special Administrative Region (SAR) have signed an arrangement to support Macao’s full participation in the Belt and Road construction.

    February21,2019


  • Macao's economic work for Greater Bay Area in progress: financial chief

    All work related to Macao's economy and finance development mentioned in the newly released outline development plan for the Guangdong-Hong Kong-Macao Greater Bay Area has been in progress, Macao's financial chief told the media on Wednesday evening.

    February21,2019


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