Nearly 3,000 companies registered in Macao last year

20:52, February 09, 2011      

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A total of 2,991 new companies have been registered in Macao last year, increasing by 18.3 percent over 2009, according to figures released on Wednesday by the city' s Statistics and Census Service (DSEC).

For the whole year of 2010, registered capital value of the new companies rose by 48.8 percent to 507 million patacas (63.37 million U.S. dollars), with capital from Macao, Hong Kong and the Chinese mainland totaling 249 million patacas (31.12 million U.S. dollars), 124 million patacas (15.5 million U.S. dollars) and 72 million patacas (nine million U.S. dollars) respectively, the figures indicated.

In 2010, there were 492 companies in dissolution, up by 4.9 percent over 2009, while the value of registered capital decreased notably by 89.2 percent to 216 million patacas (27 million U.S. dollars), according to the DSEC..

The figures also indicated that a total of 737 new companies were registered in the fourth quarter of 2010, up by 9.3 percent year-on-year, while number of companies in dissolution totaled 119 in the same period.

Source: Xinhua
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