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31 May, 2017 | FinancialIndustry

Macau GDP grows 10% in Q1, gaming and tourism up

Macau’s gross domestic product (GDP) grew by 10.3% year-on-year in the first quarter of 2017, according to the Statistics and Census Bureau (DSEC). GDP rose to MOP93.58bn ($11.70bn) in Q1, whilst the gaming and tourism industry grew by 11.3% and 20.9% respectively. The figures represent the third consecutive quarter of growth in real GDP for Macau. A DSEC statement attributed the return to double-digit growth to the “improving exports of...
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