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     The Economist Intelligence Unit forecast for Macau a strong economic rebound in 2010-11, when real GDP will grow by an average of 8.9% a year.
Read more in Macau Monitor
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9 February 2012 15:34
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TOP STORY
Monetary chief says Macau banks enjoy ‘historic’ results in 2011
Macau, China, 9 Feb - Despite last year’s challenging international financial markets, local banks enjoyed “historic” results last year, with a total profit of 4.6 billion patacas, a 31 percent increase year-on-year, Macau Monetary Authority (AMCM) President Anselmo Teng Lin Seng told re...
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MORE MACAU NEWS
Macau, China, 9 Feb -Rental yields for Macau’s luxury homes are expected to grow over three percent this year because of the continuous growth in the number of expatriates and low mortgage rate, a situation that is also favouring the rental yields for older flats, Jeff Wong Chi Wai, Jones Lang LaSal...
Consultancy forecasts rental yields to grow over 3 pct this year
Macau, China, 8 Feb - Telecom operator CTM’s Chief Executive Officer Vandy Poon Fuk Hei said Tuesday that all his company’s mobile and Internet customers’ bills next month will automatically be cut by 25 and 15 percent respectively while its prepaid SIM card users will get more air-time, as a way of...
CTM to cut phone, Internet bills by up to 25 pct after network crash
Macau, China, 6 Feb - Macau imported gold jewellery and watches worth 10.59 billion patacas last year, an increase of 73.5 percent on 2010, according to the Gaming Inspection and Co-ordination Bureau (DICJ). Gold jewellery and watches accounted for 17 percent of all imports last year. The imp...
2011 jewellery, watch imports top 10.6 billion patacas
Macau, China, 6 Feb - THAI Smile Air, Thai Airways International (THAI)'s new sub-brand carrier, will start its first commercial flight from Bangkok to Macau on July 1. The airways' maiden Macau route will operate two flights daily. Ticket sales are slated to begin in April. The Macau-Ba...
THAI Airways to start Bangkok-Macau route in July
Macau, China, 3 Feb - Wynn Resorts Ltd. said Thursday that revenue growth in its Macau and Las Vegas casinos and a tax benefit helped drive profit up 67 percent in the last three months of 2011. Much of the increase was due to a 9 percent jump in revenue at Wynn’s properties in China, Wynn Macau ...
Wynn Resorts says Macau growth, tax gain drives 4th-qtr profit