AGP Executive Report
Last update: 7 hours agoTrade: Macau’s merchandise exports rose 20.4% and imports 22% in the first nine months, lifting total trade to MOP123.12 billion and the deficit to MOP98.29 billion. Economic Growth: GDP grew 2.9% year-on-year in the first three quarters, but just 0.1% in Q3. Construction investment jumped 17.2%, while gaming-service exports fell 4.8% and other tourism services rose 6.6%. Aviation: At a Macao industry forum, IATA said airlines spend more than US$24.5 billion a year processing payments, urging digital tools to deliver cost savings as well as smoother travel. Diversification: Macau’s new MOP20 billion guidance fund will receive MOP9 billion from casino operators to support emerging industries, technology and regional integration. Talent: UM and Sichuan University launched a joint pharmaceutical sciences and clinical pharmacy programme to build skills for Macau’s big health sector. Tourism and Food: Macao is hosting the Bocuse d’Or Asia-Pacific selection for the first time, putting its culinary scene in the international spotlight.
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