Tuesday, May 14, 2024

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IMF projects Macau’s economy to grow 13.9% in 2024

The International Monetary Fund (IMF) anticipates a 13.9 percent expansion in Macau's gross domestic product (GDP) for 2024, propelled by ongoing recovery in the gaming sector and strong private investment.

Macau GDP should see 74 percent growth in 2023: IMF

Macau's GDP should grow by almost 75 percent in 2023, the International Monetary Fund estimated, one of the highest increases reported globally.

IMF forecasts 59% economic growth for Macau this year

The International Monetary Fund (IMF) expects Macau's economy to grow by as much as 58.9 percent in 2023. For 2024, the GDP growth forecast is still in the double-digits - at 20.6 percent, while for 2025, growth of 8.5 percent is estimated.

IMF revises 2022 GDP growth estimates for the Philippines

International Monetary Fund (IMF) projects the real GDP of the nation to grow by 6.5 percent in 2022, which is estimated to slow to 5 percent in 2023, as the confluence of global shocks weigh on the economy in the coming months.

Macau labor pool mismatched with economic diversification targets: IMF

Macau’s current labor pool is mismatched with the talents required to meet the government’s diversification targets, the International Monetary Fund has warned in a country report.

Macau GDP recovery not seen until 2025 as pandemic highlights economic weakness: IMF

Macau's gross domestic product is unlikely to surpass pre-pandemic levels until 2025, according to forecasts from the International Monetary Fund (IMF), which warned the crisis had brought the over-reliance on the gaming industry into "sharp relief."

IMF slashes Macau’s 2021 GDP forecast to 20.4%

The International Monetary Fund has significantly downgraded its forecast for Macau's gross domestic product growth in 2021 to 20.4 percent.

IMF raises economic forecast for China

The International Monetary Fund (IMF) has raised its economic growth forecast for Mainland China in 2021 to 8.4 percent, up from 8.1 percent in January.

IMF projections now see 53.5% drop in Macau’s annual GDP

The International Monetary Fund has worsened its outlook estimates for the Macau economy in 2020 and is now predicting a 53.5 percent drop in Gross Domestic Product for this year.

Daily Asia Gaming eBrief: Dowinn Group evolving from junket to IR operator

The regulatory environment and the growth possibilities within the Philippines have allowed the Dowinn Group to evolve beyond just a junket. Lorraine Koo, Corporate Chief Operating Officer, notes that the group is actively exploring its IR options, adapting to the times and moving beyond its roots.