Macau as it braves COVID-19 outbreak

The Macau Post Daily asked several businesses in the central district this week about how Macau’s COVID-19 outbreak has affected them, with most pointing out that they have been adversely impacted by the situation while some have had few to no sales.‘Little income’Leong, the owner of a souvenir shop near the St. Paul’s Ruins, told The Macau Post Daily that he had had “little” income since last week due to the current COVID-19 outbreak, adding that he did not sell even one item today

HONG KONG – Qatar is on track to lose its status as the richest place in the world to Macau.The global casino hub’s economy is forecast to reach the equivalent of about US$143,116 per capita by 2020, according to projections from the International Monetary Fund (IMF). That would put Macau ahead of the current No. 1 Qatar, which is predicted to reach US$139,151 in the same time frame.Macau’s gross domestic product (GDP) has more than tripled from about US$34,500 per capita in 2001, the IMF