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Belt and Road | Greater Bay Area

Macau and Zhuhai cooperate to train staff in finance

22 October 2019
| China | Macau
The Macau Monetary Authority will cooperate with the Zhuhai Financial Work Bureau to train staff working in the financial sector under a memorandum of cooperation signed on Monday in Zhuhai, in Guangdong province next to Macau, during the Macau-Zhuhai Business Summit 2019, the institution said.

Macau International Fair and PLPEX close with the signing of 85 protocols

21 October 2019
| Angola | Brazil | Cabo Verde | China | Guinea-Bissau | Macau | Mozambique | Portugal | São Tomé and Príncipe | Timor-Leste
A total of 85 protocols were signed and more than 400 meetings were held at the 24th Macau International Fair (24th MIF) and the Portuguese-speaking Countries (Macau) Products and Services Exhibition 2019 (2019PLPEX) ), which closed on Saturday, 19 October, according to official information.

Macau hires consulting firms to study the feasibility of a stock exchange

18 October 2019
| China | Macau
The Macau government has hired international consulting firms to study the feasibility of setting up a stock exchange denominated in Chinese currency, the Secretary for Economy and Finance Leong Vai Tac said on Thursday.

Macau to end 2019 with an economic contraction of 1.3%, IMF says

17 October 2019
| Macau
Macau's economy is expected to contract by 1.3% this year and 1.1% in 2020 before returning to positive ground in 2024 at a rate of 0.3%, according to forecasts in the World Economic Outlook report released this week by the International Monetary Fund

Macau International Fair and Portuguese-speaking Countries Products and Services Exhibition kicks off on Thursday

16 October 2019
| Angola | Brazil | Cabo Verde | China | Guinea-Bissau | Macau | Mozambique | Portugal | São Tomé and Príncipe | Timor-Leste
The 24th Macau International Fair (24th MIF) and the Portuguese-speaking Countries (Macau) 2019 (2019PLPEX) Products and Services Exhibition will coordinate and articulate with China's development policies, closely following new international investment trends, said the president of the Macau Trade and Investment Promotion Institute (IPIM).

Brazil studies the extension of electronic visa to Chinese citizens

15 October 2019
| Brazil | China | Macau
The Government of Brazil will set up a commission involving the Ministries of Tourism and Foreign Affairs to extend the electronic visa to citizens of the People's Republic of China as soon as possible, Tourism Minister Marcelo Álvaro António said on Monday in Macau.

Macau stock exchange is under consideration, Monetary Authority says

14 October 2019
| China | Macau
The establishment of a yuan-denominated Macau stock exchange is a project that is still under consideration, the Macau Monetary Authority (AMCM) said in a statement issued on Sunday.

Cabo Verde attends 24th Macau International Fair with 22 companies

11 October 2019
| Cabo Verde | Macau
Cabo Verde plans to attend the 24th Macau International Fair (24MIF) from 17 to 19 October, with 22 private companies exhibiting their products, services and seeking new partnerships and business opportunities, the president of Cabo Verde Trade Invest said in Praia on Thursday.

Macau will have its first space satellite in 2020/2021

10 October 2019
| China | Macau
2020/2021, the Macau University of Science and Technology (MUST) announced on Wednesday, and people from the territory were invited to submit proposals of names by 31 October 2019.

Macau extends export credit insurance to all Portuguese-speaking countries

9 October 2019
| Angola | Brazil | Cabo Verde | China | Guinea-Bissau | Macau | Mozambique | Portugal | São Tomé and Príncipe | Timor-Leste
An export credit insurance system to provide additional support to reduce the risk of trade with Portuguese-speaking countries was officially launched in Macau to support the construction of the Commercial and Trade Cooperation Service Platform between China and Portuguese-speaking Countries, the Monetary Authority of Macau (AMCM) said.

Macau complies with all money laundering recommendations

8 October 2019
| Macau
The Macau Special Administrative Region (MSAR) became the first member of the Asia Pacific Group on Money Laundering (APG) to secure a positive technical compliance rating on all 40 FATF recommendations from all members assessed globally so far, according to the Financial Information Office.

Macau group formalises acquisition of Portuguese group Monte do Pasto

4 October 2019
| China | Macau | Portugal
CESL Asia - Investimentos e Serviços, Limited, through its wholly-owned subsidiaries Focus Platform and Focus Agriculture, in Lisbon formalised the acquisition of the Monte do Pasto Group, located in the municipalities of Cuba and Alvito, in the Alentejo region of Portugal, the group said in a statement.

Macau casino revenue grows in September to US$2.76 billion

3 October 2019
| Macau
Macau casinos' gross revenues increased again in September, although with a marginal variation of 0.6% to 22.079 billion patacas (US$2.760 billion), the Gaming Inspection and Coordination Bureau said.

2019PLPEX to showcase cooperation between China and the Portuguese-speaking countries

30 September 2019
| Angola | Brazil | Cabo Verde | China | Guinea-Bissau | Macau | Mozambique | Portugal | São Tomé and Príncipe | Timor-Leste
The Exhibition of Products and Services of Portuguese-speaking Countries (Macau) 2019 (2019PLPEX) will feature an exhibition area for the work on the cooperation platform between China and the Portuguese-speaking countries, according to a decision approved in 2018, said the Macau Trade and Investment Promotion Institute.

Macau had 913 industrial establishments at the end of 2018

27 September 2019
| Macau
Macau had 913 industrial establishments at the end of 2018, a reduction of 20 units year-on-year, according to the Statistics and Census Bureau, which said that these establishments include manufacturing industry, as well as those from the production and distribution of electricity, gas and water sectors.

Traditional Chinese Medicine under discussion in Macau

26 September 2019
| China | Macau | Portugal
The Macau Government Secretary for Economy and Finance stated that the industrialisation and international development of traditional Chinese medicine (TCM) are highly valued by the government and promote the diversification of the local economy.

Forum Macau promotes agricultural cooperation with Portuguese-speaking countries in Jiangsu

25 September 2019
| Angola | Brazil | Cabo Verde | China | Guinea-Bissau | Macau | Mozambique | Portugal | São Tomé and Príncipe | Timor-Leste
The promotion of agricultural cooperation between Jiangsu Province and the Portuguese-speaking countries was the focus of a study visit to that province by the Permanent Secretariat of Forum Macau, the institution said in a statement.

Macau welcomes 27.4 million visitors from January to August 2019

24 September 2019
| China | Macau
Macau welcomed 27.4 million visitors from January to August, up 18.0% year-on-year, with the average length of stay unchanged at 1.2 days, the Statistics and Census Bureau said.

Angola launches an international public tender to build Soyo Refinery on 24 October

23 September 2019
| Angola
The international public tender for the construction of the Soyo Refinery, in Angola's Zaire province, will be launched on 24 October, the Angolan Ministry of Mineral Resources and Oil announced on Friday in Luanda.

Angola joins business services platform

20 September 2019
| Angola
Angola has been invited to take part in the Summit on Building the Business Cooperation Services Platform between China and the Community of Portuguese-Speaking Countries (CPLP), the Angolan Chamber of Commerce and Industry (CCIA) said.

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