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Macau’s external portfolio grows to MOP399.1 bln
- 2015-06-29
2015/6/26
From:Macau Business
The Economist Intelligent Unit has increased its forecast of the contraction of Macau’s economy this year to 24 percent from 6 percent.
But the economic monitor has increased its forecast of growth in gross domestic product next year to 6.7 percent from 5.3 percent.
Its latest report on Macau predicts that gaming revenue in the city’s casinos will begin rising in the last few months of this year – although not at rates as fast as those seen before the gaming slump.
Copyright@Macau Business