22
In need
Unemployment rate remains unchanged
The unemployment rate for June-August 2010 remained unchanged from the previous period (May-July 2010) at 2.9 percent, according to offi cial data. The underemployment rate dropped further by 0.3 percentage point to 1.5 percent. The number of the unemployed decreased by about 200 from the previous period to 9,400, with 17.2 percent being fresh labour force entrants searching for their fi rst job, up by 6.0 percentage points over the previous period.
Imported workers on the rise
The number of imported workers has increased for the second month in a row, after almost two years of decline. In July, the total number of non- resident workers in Macau stood at 72,209, slightly up by 67 people in comparison with the previous month. In September 2008, Macau had a total of 104,281 imported workers, but since then the number has continually fallen month-to-month until it rose back again for the fi rst time in June 2010.
Public revenue goes up In the fi rst eight months of 2010, Macau’s total public revenue (not including autonomous agencies) rose by 42.9 percent to MOP48.44 billion (US$6.1 billion). The increment was attributable to notable increases in direct taxes from gaming and other current revenue, up by 63.9 percent and 50.9 percent respectively, that was contributed by increasing gross gaming revenue. Direct taxes from gaming totalled MOP40.91 billion. Total public expenditure was MOP20.59 billion, with a year-on-year increase of 11.2 percent. A fi scal surplus of MOP27.85 billion was recorded in the fi rst eight months of 2010, up by 81.1 percent as compared with the same period last year.
OCTOBER 2010
of hard cash Small and medium enterprises lending increased in the fi rst half of 2010. In the fi rst six months of 2010, new SME credit limit approved by Macau banks totalled MOP10.3 billion (US$1.29 billion), 16.7 percent up on the second half of 2009 or 67.7 percent up on the same period last year. As at end-June 2010, the outstanding value of total SME loans reached MOP22.5 billion, which represented a growth of 8.7 percent from end- December 2009 or 14.9 percent from a year earlier. The delinquency ratio, a ratio of delinquent loans outstanding balance to total SME loans outstanding, dropped 0.32 percentage points from end-December 2009 or 0.06 percentage points from a year earlier to 2.15 percent.
Consumer cases jump In the fi rst half of 2010, the Consumer Council handled over 4,800 cases, almost as many as for the whole of 2009 (4,875). A total of 1,227 complaints involved Viva Macau, with the claims amounting to MOP6 million. There were also 1,014 information requests involving the defunct low cost company. Other complaint cases included telecommunications services. The Consumer Council indicated that as mobile phone functions become more complex, problems regarding fees charged for surfi ng the Internet and downloading data using mobile phones have arisen. The numbers of complaints about clothing/apparel (+15%) and home decorations (+26%) also increased.
Photo: Luís Almoster |
mspagency.org
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132 |
Page 133 |
Page 134 |
Page 135 |
Page 136 |
Page 137 |
Page 138 |
Page 139 |
Page 140 |
Page 141 |
Page 142 |
Page 143 |
Page 144 |
Page 145 |
Page 146 |
Page 147 |
Page 148