29.3 C
Macau
Wednesday, September 27, 2017
Money supply maintained an upward trend while loans and deposits also increased in July
The Hengqin Authority has disbursed RMB200 million (US$30.33 million) to help rebuild facilities and build­ings affected by the onslaught of Typhoon Hato last week, according to infor­mation issued by the area’s administrative body. The amount will be specifically used for...
The second quarter of this year saw the MSAR’s gross domestic product go up by 11.5 per cent yearly
The deputy head also discussed the conditions when the typhoon hit the city and the system for forecasting storms
Education and Health registered the largest yearly increases in the price index in July, with the Communication price index seeing the largest decrease

Richer abroad

The amount of international assets and liabilities in the local banking sector in the second quarter of this year decreased slightly on a monthly basis but went up yearly, with most connected to Asia and Europe
The MSAR’s foreign exchange reserves amounted to MOP157.9 billion (US$19.62 billion) at the end of July, down 0.8 per cent month-on-month, according to the preliminary estimation made by the Monetary Authority of Macao (AMCM). The foreign exchange reserves in July...
Benjamin Chan Sau San will start his role as Chairman of the Board of Directors of the Monetary Authority of Macao
The city saw a slight increase in the money supply of 0.5 per cent in the month of June, with M1 growing 0.5 per cent month-on-month, revealed the Macao Monetary Authority (AMCM). M2, the sum of quasi-monetary liabilities and M1,...
The city’s Industrial and Commercial Fund disbursed total subsidies of MOP48 million (US$6 million) to 677 individuals and institutions in the second quarter of 2017, according to the latest data released in the Official Gazette. The largest support granted between...
Initial estimates of the city’s financial reserves by the Monetary Authority of Macau indicate that at the end of the second quarter, the city’s basic reserve had reached MOP127.95 billion and its extra reserve MOP350.11 billion, totalling MOP478.06 billion....
Chairman of the Board of Directors of the Monetary Authority of Macao (AMCM) Anselmo Teng will step down from his functions by the end of this month, TDM radio reported yesterday. The chairman’s current contract, which lasts for one year,...
The city’s fiscal surplus reached MOP20.08 billion (US$2.50 billion) in the first half of 2017, up 15.3 per cent when compared to the same period last year, according to data published by the Financial Services Bureau (DSF). The amount of...
The total amount paid for the Special Stamp Duty (SSD) in the month of June was MOP2.77 million (US$344,774), skyrocketing from the MOP227,251 collected in May, the city’s latest Financial Services Bureau (DSF)’s data shows. The amount covered SSD collected...
The MSAR’s foreign exchange reserves amounted to MOP159.2 billion (US$19.80 billion) at the end of June, up 4.3 per cent month-on-month, according to the preliminary estimation made by the Monetary Authority of Macao (AMCM). The foreign exchange reserves in June...
Zhuhai recorded the strongest industry growth in the Pearl River Delta region from January to May of this year, according to information provided by that city’s statistics bureau, the Hengqin New Area official online portal reported. According to the bureau,...
With increasing flights in the Greater Bay Area business aviation representatives and aviation experts believe the MSAR has enough infrastructure and positioning to gain a larger role in the region, especially in the business aviation sector. However, the late implantation of a plan to expand flight capacity by the local government risks Zhuhai overtaking the city in the sector
Total deposits with the banking sector increased 1.5 per cent month-on-month
The added value of the financial industry of Hengqin amounted to RMB1.4 billion (US$207 million/MOP1.66 billion) in 2016, marking a 91 per cent increase year-on-year, according to data released by the Hengqin Financial Industry Association, the Hengqin New Area...
General unemployment rate remains stable at 2 per cent between March and May
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