Monday, April 15, 2024
HomeNewsMacauMacau economy set for a 50% contraction in 2020

Macau economy set for a 50% contraction in 2020


The Macau economy is expected to grow by some 35 percent in 2021, following a 50 percent contraction in 2020, ratings agency Fitch Ratings indicated in a report.

Local economy to contract by 50pct in 2020 but grow 35pct in 2021 – Fitch (Macau Business)

Felix Ng
Felix Ng
Felix is the Asia Editor and Events Director of the Asia Gaming Brief. He has over a decade of experience developing conferences for industries including gaming, telecoms, investment, biotechnology, and mining. Felix covers gaming technology and innovation and is passionate about developing engaging and eye-catching content for the industry.