Macao enterprises' outward direct investment surges by 292.8 pct in 2019


Source: macaubusiness.com macaubusiness.com

Key Topics in this News Article:

News Snapshot:

Macao enterprises’ outward direct investment surges by 292.8 pct in 2019 By Xinhua News Agency The outward direct investment of Macao enterprises totaled 4.53 billion patacas (about 567.61 million U.S. dollars) in 2019, up significantly by 292.8 percent year-on-year, the special administrative region’s statistic department said here on Wednesday. The latest report from the Statistics and Census Service (DSEC) indicated that the income of outward direct investment earned by Macao enterprises in 2019 dropped by 18.7 percent to 1.60 billion patacas (about 200.48 million dollars). At the end of 2019, the accumulated outward direct investment of Macao enterprises expanded by...