Macau residential property price index falls 1.4%
The Macao News, 11 May 2022. In general, flat prices dipped slightly both on peninsular and in Taipa and Coloane, no matter their age or size, whether high- or low-rise. For the full article, click here.
Macao’s discount window base rate raised to 1.25%
The Macao News. 5 May 2022. As MOP is linked to HK$, the movements of policy rates in Macao and Hong Kong should be consistent in order to maintain effective operation of the linked exchange rate system. For the full article, please click here
Prime government bureaus take on new names, acronyms and altered roles
The Macao News. 31 March 2022. Changes are afoot at the Lands, Public Works and Transport Bureau. For the full article, please click here
Housing Bureau approves 9,667 applications for Zone A HOS flats
The Macau News. 24 March 2022. Demand outstrips supply in applications for 5,252 one-, two- and three-bedroom units on reclaimed land next to HZMB. he Housing Bureau (IH) announced yesterday that it has received 11,707 submissions in the latest round of applications for 5,254 subsidised home-ownership scheme (HOS) flats to be built on the Zone […]
Macao GDP rises 18% in 2021 but shrinks 4.4% in Q4
The Macao News . 6 March 2022. By staff reporter Though economic situation “remained volatile” in 2021, Macao still has one of the highest GDP per capita in the world. Macao’s gross domestic product (GDP) grew by 18 per cent year-on-year in real terms last year, but shrank by 4.4 per cent year-on-year in the […]
Macao residential property prices edge upwards in Q4
The Macao News . 9 February 2022. By staff reporter Macao’s overall residential property price index for the fourth quarter increased by 0.3 per cent over the previous quarter to 267.6, the Statistics and Census Bureau (DSEC) has announced. The bureau noted that the indices for the peninsula (267.2) rose by 0.3 per cent, while […]
OPINION – Tipping points and economic recovery in Macau
Macau Business. January 2022. by Keith Morrison – Author and educationist. New year; old problem. As the pandemic rolls on, so many calls for economic diversification in Macau as a survival strategy have been heard, loud and long, that, as the law of diminishing returns tells us, their effects recede. Macau still looks to tourism […]
High costs a problem for would-be house buyers, survey reveals
The Macau News. December 2021. by staff reporter. Most young people in Macao want to own their own home, but meeting the down payment is a huge hurdle. The Macao New Chinese Youth Association said the survey revealed that most local youths think that the city’s housing prices are “unreasonable”, and that the “most difficult” part of […]
Macau and Hengqin: Building a symbiotic relationship
Macau Business. November 2021. By José Luís de Sales Marques. A symbiotic relationship is one that is characterized as a “close physical association between two or more dissimilar organisms”; it could also mean a “close, cooperative, or interdependent relationship” (Merriam- Webster). Macau and Hengqin couldn’t be more dissimilar, for Macau’s five centuries of urban history […]
