Tuesday, August 09, 2005

838 - a lucky number for total of new companies

Macau has seen 838 companies newly incorporated in the second quarter, a year-on-year increase of 48. 6 percent, according to official statistics issued in Macau on Monday. The figures from the Statistics and Census Service showed that the total registered capital of the new companies recorded 227.36 million patacas (US$28.42 million). These newly incorporated companies were mostly in the wholesale and retail sectors (224), followed by the construction (185), real estate (156) and business services (132), the figures showed. Fifty-five companies, in the meanwhile, were dissolved in the second quarter, according to the statistics.