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Macau economic association forecasts continued improvement in economic indicators for H2

The latter half of the year is poised to witness an upsurge in tourism and festive events, creating a promising outlook for the local tourism industry and overall economic development, the Macau Economic Association said

In a recent report, the association noted that several key economic indicators had consistently shown positive growth, including M2 money supplies, daily visitation numbers, gross gaming revenue, and hotel occupancy rates.

The association’s data reveals that Macau’s economic prosperity index for June and July reached 5.6 points and 5.8 points respectively, surpassing initial expectations and falling within the ‘stable’ category.

Read more in Macau Business

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