Macau Economic Association

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    Macau inflation to remain high

    Macau’s inflation rate is expected to remain high in the short-term with the rate only dropping if gaming revenues continue to go down over the next two to three years, said the Macau Economic Association. Analysing the last 15 years, the association says Macau’s inflation rate has remained above 5 percent for more than five […]

    Macau Economic Association’s Chang says industry heyday over

    The best years of Macau’s gambling industry are over as China’s policies affect profits and player levels and the likelihood of the government allowing more gaming licenses “very low,” said the Macau Economic Association’s vice president. Jack Chang Chak said China’s strategy to focus more on sustainable economic growth rather than boosting gross domestic product […]