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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.
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9 September 2010 16:41
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Business
TOP STORY
Macau's GDP grows 49.1 pct in 2nd quarter
Macau, China, 8 Sept - Macau's gross domestic product in real terms grew a record 49.1 percent year-on-year in the second quarter and 40.2 percent in the first half of this year, the Statistics and Census Service (DSEC) announced Tuesday. The second-quarter growth was the highest year-on-year...
MORE MACAU NEWS
Macau, China, 7 Sept - Macau Monetary Authority (AMCM) President Anselmo Teng Lin Seng said Monday that the fourfold increase in pataca banknotes circulating locally from four years ago proved the capability of Macau's two note-issuing banks to stay in touch with the development of Macau's econo...
Bank of China and Banco Nacional Ultramarino renew banknotes issue until October 2020
Macau, China, 6 Sept - The governments of Macau and neighboring Guangdong province will launch a Chinese medicine industrial park on the Hengqin Island. A joint venture will be established to run the Chinese medicine industrial park, of which the Macau government has a 51-percent share whil...
Macau and Guangdong to build Chinese medicine industrial park in Zhuhai
Macau, China, 1 Sept - In the first seven months of 2010, the total value of merchandise exports fell by 6.5 percent year-on-year to MOP 4.23 billion (US$528 million)according to official data. Macau's re-exports rose 10.4 percent year-on-year to MOP 2.9 billion (US$362 million) during the sa...
Macau exports less in the first seven months of 2010
Macau-China, 23 Aug - Results of an official survey released on Friday showed that the total value of Macau's retail sales for the second quarter of 2010 amounted to 6.84 billion patacas (855 million U.S. dollars), increasing by 32 percent year- on-year. Notable increases were recorded in the r...
Macau's retail sales up 32 percent in Q2
Macau, China, 23 Aug - Macau's Composite CPI (consumer price index) for July 2010 reached 104.61, an increase of 2.96 percent over the same period of last year, according to the figures released Friday by the city's Statistics and Census Service. The price indices of clothing and footwear, tr...
Macau's CPI increases 2.96 pct in July


More news
Police arrest 68 illegal workers in illegal TV factory in Coloane island
Friday, 20 August 2010
Macau, China, 20 Aug - A total of 68 illegal workers Wednesday were arrested by the Public Security Police (PSP) at an illegal factory producing television sets for the Middle East in the woods in...
Macau denies Google's request to resume Street View operation
Friday, 20 August 2010
Macau,China,20 Aug - Macau's Personal Data Protection Office Thursday said that it will not allow Internet Google to recommence the image collecting activities here for its Street View online servic...
Property project One Oasis drives Coloane Flat prices up 130 percent
Wednesday, 18 August 2010
Macau, China, 18 Aug - The opening sale of luxury property project One Oasis drove up the average transaction price of residential units in Coloane island by 1.3 times to 59,509 patacas per square m...
Viva Macau airline misses final deadline to pay government loan
Tuesday, 10 August 2010
Macau, China, 10 Aug - Defunct budget airline Viva Macau missed a final deadline to pay back a 40 million patacas installment on a 200 million pataca government loan Monday, after a one-month extens...
Macau sees rise in personal housing loans
Tuesday, 10 August 2010
Macau, China, 10 Aug - Domestic loans to the private sector grew 3.3 percent in June from the previous month to MOP112.0 billion, official data shows. Personal housing loans increased quarter-t...
Work on Macau light railway to start at beginning of 2011
Monday, 09 August 2010
Macau, China, 9 Aug – Construction of the future Macau light railway is due to begin at the start of 2011 the director of the Bureau for Transport Infrastructure (GIT) said Saturday during a...
Man locked in iron cage in Coloane island for 5 million pataca ransom
Monday, 09 August 2010
Macau, China, 9 Aug - Police have arrested four suspects in an kidnapping case, where a man was locked in a iron cage in Coloane island after being threatened with mace and stun guns, the ...
Mainland China, Macau's bilateral trade up 9.3 percent in H1
Friday, 06 August 2010
Macau, China, 6 Aug - The Chinese mainland and Macau saw the bilateral trade value rise 9.3 percent year on year to US$1.07 billion in the first half of this year, the Xinhua News Agency reported, c...