Macau records 778 new companies in Q2

A total of 778 new companies were incorporated in Macau in the second quarter of 2010, up by 18.4 percent year-on-year, official data shows. The total value of registered capital surged by 66.9 percent to MOP136 million. Among these new companies, 300 were operating in wholesale and retail, with the registered capital amounting to MOP55 million; meanwhile, 120 were operating in business services and 103 in real estate. In the second quarter of 2010, number of companies in dissolution totalled 125 and the value of registered capital amounted to MOP66 million, of which the registered capital of 57 wholesale and retail companies in dissolution accounted for 7.7 percent.