Economic review

Macao sees no significant change in business climate in June

2017-08-18 16:49:00

Information Statistics and Census Service (DSEC) of China's Macao Special Administrative Region (SAR) indicated on Friday that 45 percent of the interviewed restaurants reported a year-on-year growth in receipts in June, down slightly by 1 percentage poi Full Story

Macao's visitors spending up 17.5 pct in Q2

2017-08-18 16:48:00

China's Macao Special Administrative Region (SAR) saw the total spending of visitors reach 13.75 billion patacas (1.71 billion U.S. dollars) in the second quarter of 2017, up 17.5 percent year-on-year, according to figures released by Macao's Statistics Full Story

Central bank continues net cash injection via reverse repos

2017-08-18 15:57:00

China's central bank made a net cash injection via open market operations for the third consecutive day Friday in an effort to ease a temporary cash strain. Full Story

China to beat solar power installed goal

2017-08-18 15:08:00

China will exceed its target for installing solar power as costs decline and transmission becomes more efficient, UBS said yesterday. Full Story

U.S., South Korea to hold special session of KORUS FTA next week

2017-08-18 14:40:00

The United States and South Korea will hold a special session of the Joint Committee under the U.S.-South Korea Free Trade Agreement (KORUS FTA) next week, U.S. Trade Representative (USTR) Robert Lighthizer announced on Thursday. Full Story

Alibaba invests $1b in Indonesia's online marketplace Tokopedia

2017-08-18 14:22:00

China's e-commerce giant Alibaba will invest $1.1 billion in Indonesia's largest online marketplace Tokopedia. Full Story

APEC strives for streamlined food export regulations

2017-08-18 14:00:00

The Asia-Pacific Economic Cooperation (APEC) Committee on Trade and Investment started gathering in Ho Chi Minh City on Friday, seeking measures to ease bottlenecks to safe and efficient food trade between APEC member economies. Full Story

HG Entertainment inches closer to listing in Shanghai

2017-08-18 13:56:00

Cinema operator HG Entertainment Co is one step closer to an initial public offering (IPO) in Shanghai. Full Story

Listed firms upbeat on earnings amid signs of steady economy

2017-08-18 13:41:00

Most listed firms that have released earnings forecasts for the first three quarters foresee better profits than last year. Full Story

BRICS entrepreneurs pursue dreams in China

2017-08-18 13:29:00

After Russian businessman Igor Gorshkov visited the Chinese border city of Suifenhe last year, he opened a Russian sausage factory there in May and its products are becoming very popular with Chinese consumers. Full Story