Macau's trade gap

2009-1-3 | NEWSPAPER EDITION

MACAU'S trade deficit for the first 11 months of last year reached 24.57 billion patacas (US$3.1 billion), according to the figures released yesterday by the city's Statistics and Census Service. The figures showed that total exports of goods fell by 18.7 percent year on year to 15.12 billion patacas between January and November last year, while total imports of goods rose slightly by 0.9 percent to 39.69 billion patacas.

Transport hinders Macau prospects

MACAU, the world's biggest gambling hub, lacks the airport and ferry capacity needed to support the growth of its casinos and tourism, Lawrence Ho, chief executive officer of Melco Crown Entertainment Ltd, said on...