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Macau - Latest News/Current Events, Economic Overview & Trade Relations

AEI | Quick Facts about Macau

Official Name Macau Special Administrative Region
Capital - - -
Location Eastern Asia, bordering the South China Sea and China
Area total: 28.2 sq km land: 28.2 sq km water: 0 sq km
Climate subtropical; marine with cool winters, warm summers
Terrain generally flat
Macau
Macau

Macau Government Trying to Stimulate Property Market

The global financial crisis has a taken a toll in Macau's economy, as GDP growth slows to more than half, and unemployment rises drastically in 2009.

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Macau

Miners Bid for Lucrative Mongolian Mine

Mongolia's coal mine – Tavan Tolgoi – is finding itself with three suitors bidding for a 49% stake.

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Macau

Macau Draws the Line on its Casino Industry

Macau’s chief executive, Edmund Ho, is reluctant about issuing new licenses and land allocations for the creation of new casinos.

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Macau

Macau 2007 Growth Domestic Product Up By 27.3%

Macau had greater economic growth in 2007 than the rest of the world due to the expansion of the gaming and tourism sector as well as strong stability of investment and local consumption.

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Macau

Macau Closes in on Las Vegas After Bumper Year for Gaming Revenues

Gaming revenues in Macau rocketed more than US$10 billion (HK$78 billion) last year, a raise of 46 percent; it continues to close in on the greater Las Vegas Region.

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Macau

Macau Site Sells for 10 Times Reserve Price

Macau land to be developed, sold for 10 times more than reserve price

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Trade Agreements

Macao - People's Republic of China Closer Economic Partnership

The Mainland and Macau Closer Economic Partnership Arrangement was signed in 2003. Macau Products, under the agreement, are exempted from import customs. The agreement strives to support the growth and expansion of the Macau manufacturing, tourist and development industries.http://www.economia.gov.mo/page/english/cepa_e.htm

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Trade Organizations

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