Search Results for: MACAU GDP
Macau experiences 116% surge in their GDP thanks to gaming sector
November 20, 2023
Due mostly to the gaming sector, Macau's economy expanded quickly in the third quarter, with GDP rising by an astounding 116.1 per...
Macau 1Q GDP Increased by 39% as Gaming Exports Doubled
May 26, 2023
Macau 1Q GDP Increased by 39% as Gaming Exports Doubled
According to figures from the city's Statistics and Census Service, Mac...
Macau 3Q GDP down 33% as gaming exports dip 73%
November 21, 2022
Macau’s gross domestic product (GDP) declined by 33.4 percent year-on-year in real terms in the third quarter of 2022, according...
Macau 2Q GDP down 39pct as gaming exports slump
August 30, 2022
Macau’s gross domestic product (GDP) declined by 39.3 percent year-on-year in real terms in the second quarter of 2022, accordin...
Macau Employment, GDP Dip, But Casino Operators Show Resiliency
May 31, 2022
Macau and its casinos continue to look for ways to free itself from the grasp of COVID-19. It’s not easy, and a drop in both em...
Scholars expect China’s GDP to expand faster in the third quarter
October 23, 2023
UBS Securities Asia Ltd expects China's GDP to expand faster in the third quarter, upgrading its 2023 expansion projection to 5.2 ...
Macau mass-market baccarat revenue up by 11.6%
October 17, 2023
Mass-market baccarat in Macau generated a healthy MOP29.77 billion in revenue in Q3 2023, up 11.6 percent from Q2. VIP baccarat, o...
China to offer 5 billion yuan in bonds to Macau
September 14, 2023
China is scheduled to release five billion yuan in bonds to Macau on September 20. China seeks to diversify Macau's economy and ge...
Macau’s Non-Gaming Initiatives Are Making Little Headway
March 28, 2023
Plans to lessen the special administrative region's (SAR) reliance on gambling for economic growth are a key component of Macau's ...
Macau 2023 economy maybe 46pct ‘rebound’ on 2022: Fitch
December 9, 2022
Fitch Ratings Inc said in a Wednesday note on the economic outlook for China, including Macau, that in likelihood “numerous rest...