The Secretary for Economy and Finance, Mr Francis Tam Pak Yuen, said today he expected Macao’s Gross Domestic Product (GDP) to grow by about 10 per cent this year.During a reception, Mr Tam told the press that with the global economy slowing down and international financial market fluctuating even more wildly, he expected Macao’s economy

The world economy remained strong in the first three quarters of 2007, but the momentum tended to slowdown in the fourth quarter; however, the economy of Macau was not much affected due to the support from Mainland China. Driven by the rapid development of the gaming and tourism sector, investment surged substantially and local consumption

As reported by Blog Macau Info, the Hong Kong-Zhuhai-Macau Bridge project may take 36-and-a-half years to break even, admitted the Governor of Guangdong Province. Huang Huahua said in Beijing as a deputy to the National People’s Congress (NPC) that is currently being convened that the construction cost of the bridge may reach US$5.62 billion, while the

Institutional Investor Conferences announces the 3rd Annual Macau Investment Forum, to be held February 21-22, 2008 at the The Venetian Macau Resort Hotel. Following with tradition, the 2008 Forum will bring together global investors, issuers, and gaming and entertainment professionals with their Chinese counterparts. This event will offer participants unique, interactive and in-depth discussions on Macau’s

This year, the Mainland has announced a number of laws, regulations and policies on economics and trade which will come into effect next year. For instance, a new Enterprise Income Tax Law, Employment Contract Law, Anti-monopoly Law and processing trade policy will be implemented in 2008. These policies will have an impact on Macau enterprises’ investment