{"id":777037946,"date":"2026-02-12T07:33:01","date_gmt":"2026-02-12T10:33:01","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777037946"},"modified":"2026-04-21T14:27:58","modified_gmt":"2026-04-21T17:27:58","slug":"fitch-ratings-maintains-macau-aa-rating","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/fitch-ratings-maintains-macau-aa-rating","title":{"rendered":"Fitch Ratings maintains Macau AA rating"},"content":{"rendered":"\n<p>The agency expects gross domestic product growth to fall to 4 per cent in 2026.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- Fitch Ratings has maintained its long-term foreign and local currency issuer default rating for Macau at \u201cAA\u201d with a \u201cstable\u201d outlook. It noted exceptionally strong fiscal and external positions, as well as the SAR Government\u2019s adherence to prudent fiscal management.<\/p>\n\n\n\n<p>According to the note, Fitch forecasts gross domestic product (GDP) growth of 4 per cent this year, down from 4.7 per cent in 2025. Expectations are for gross gaming revenue (GGR) to reach 89 per cent of the level seen in 2019.<\/p>\n\n\n\n<p>\u201cWe expect gaming tourism growth to slow but remain solid in 2026, supported by favourable visa-entry policies, expanded cultural and entertainment offerings, and continued non-gaming investments,\u201d Fitch said.<\/p>\n\n\n\n<p>According to Fitch\u2019s definitions, ratings in the \u201cAA\u201d category indicate a very strong fiscal position for payment of financial commitments, and that capacity is not significantly vulnerable to foreseeable events.<\/p>\n\n\n<div id=\"see-also-container\">\n\t\t\t<span class=\"see-also-label\">See also:<\/span><\/p>\n<div class=\"related-article\">\n\t\t\t\t<img decoding=\"async\" class=\"related-article__thumbnail\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/06\/macau-casinos-shut-down-300x200.jpg\" alt=\"\"><\/p>\n<p class=\"related-article__text\">\n\t\t\t\t\t<span class=\"see-also-label-strong\">See also:<\/span> <a href='https:\/\/focusgn.com\/asia-pacific\/fitch-ratings-expects-macau-gdp-4-5-growth-in-2026'>Fitch Ratings expects Macau GDP to grow by 4.5% in 2026<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>The agency expects gross domestic product growth to fall to 4 per cent in 2026.<\/p>\n","protected":false},"author":226,"featured_media":777028006,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Fitch Ratings has affirmed Macau's \"AA\" long-term issuer default rating with a \"stable\" outlook, citing robust fiscal and external positions alongside prudent government financial management. The agency forecasts Macau's GDP growth at 4% for 2026 and anticipates Gross Gaming Revenue (GGR) to recover to 89% of 2019 levels, supported by favorable visa policies and non-gaming investments.","focusai_entities":"Fitch Ratings, SAR Government","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Recovery Drivers","query":"What specific non-gaming investments and expanded cultural offerings are expected to sustain gaming tourism growth in Macau through 2026, and how do these diversify the GGR base?"},{"label":"Fiscal Prudence Impact","query":"How does the SAR Government's adherence to prudent fiscal management, as noted by Fitch, influence the long-term regulatory stability and attractiveness for foreign direct investment in Macau's gaming sector?"}],"footnotes":""},"categories":[16338,163,24628,158],"tags":[17703,257],"class_list":["post-777037946","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","category-highlight-of-the-week","category-slider-home","tag-fitch-ratings","tag-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777037946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777037946"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777037946\/revisions"}],"predecessor-version":[{"id":777037951,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777037946\/revisions\/777037951"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777028006"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777037946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777037946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777037946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}