Chung Yeung holiday break

Macau is in a technical recession after gross domestic product (GDP) fell by 1.8 percent year-on-year in real terms in the second quarter and by 3.2 percent in the first quarter, according to figures released by the Statistics and Census Bureau (DSEC) on Friday. It’s the first time since 2016 has the “R” word risen its ugly head again. A technical recession is usually identified when real GDP falls year-on-year for two successive quarters. Customarily, a recession is a situation when

Chief Executive Fernando Chui Sai On said yesterday that the local government will need to carry out a large number of measures with the aim of constantly improving Macau’s ability to tackle typhoons and other major natural disasters.Chui made the remarks during a specially-convened meeting yesterday summarising the government’s measures in preparation for Super Typhoon Mangkhut and its disaster prevention and mitigation tasks.Chui convened a special meeting yesterday for representatives of