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Belt and Road | Greater Bay Area

Minister of Agriculture says that Brazil’s relationship with China is strong

17 February 2020
| Brazil | China
The relationship with China is solid and the agreement reached between the country and the United States "will not have catastrophic repercussions" for Brazil, said last week in Brasilia, the Brazilian Minister of Agriculture, Livestock and Food Supply.

Property seized in Angola with an estimated value of US$532.3 million

14 February 2020
| Angola | China
The properties built with public funds and seized by the Attorney-general of the Republic of Angola in Zango Zero and in Kilamba are valued at US$532.3 million, according to officials.

Portuguese company linked to Macau joins efforts to combat coronavirus

13 February 2020
| China | Macau | Portugal
Hospital equipment being used by medical teams involved in combating the epidemic of coronavirus, a strain now named Covid-19 by the World Health Organisation, started to arrive this week in Macau and the cities of the Greater Bay, sent from Portugal by the Quinta da Marmeleira company owned by businessman Wu Zhiwei.

BNU announces measures to support small and medium-sized companies in Macau

12 February 2020
| Macau
The Banco Nacional Ultramarino bank has announced a range of support measures for entrepreneurs in Macau, particularly those affected by the measures announced by the government in order to prevent the spread of the coronavirus.

Altira Macau hotel, in Taipa, closes for the safety of guests and staff

11 February 2020
| China | Macau
The Altira Macau hotel, in Taipa, temporarily closed on Monday in order to reduce the possibility of propagating the coronavirus outbreak in the territory.

Macau has no new cases of coronavirus for the sixth consecutive day

10 February 2020
| China | Macau
For the sixth day running no new cases of coronavirus were recorded in Macau, according to the local health authorities.

Five-star hotels in Macau close due to lack of guests

7 February 2020
| China | Macau
Four hotels in Macau, including the Four Seasons, St. Regis and the Conrad in Cotai, in Taipa, have closed temporarily starting on Friday due to a lack of guests, government officials announced.

Macau ends 2019 with more than 240,000 registered vehicles

6 February 2020
| Macau
At the end of 2019, Macau had more than 240,000 vehicles registered, with a slight growth of 0.3% compared with the end of 2018, the region’s Statistics and Census Bureau said.

Government closes casinos in Macau to prevent the spread of the coronavirus

5 February 2020
| China | Macau
The Macau government has ordered the closure of the 41 casinos in Macau from Wednesday and for the next 15 days in order to prevent the transmission of the coronavirus in Macau.

Macau’s trade deficit sees marginal improvement in 2019

4 February 2020
| Macau
Macau's balance of trade deficit in 2019 improved marginally in 2019 to stand at 77.33 billion patacas (US$9.66 billion), a drop of 577 million patacas compared with the figure for 2018, according to the region's Statistics and Census Bureau.

Casinos in Macau start 2020 with an 11.3% fall in gross revenue

3 February 2020
| Macau
Macau's casinos started 2020 with a significant drop in gross revenue, which fell by 11.3% to 22.126 billion patacas (US$2.765 billion) year-on-year in January, informed the Department of Inspection and coordination games.

Wuhan virus reduces the number of people who visit Macau

31 January 2020
| China | Macau
The number of visitor arrivals to Macau from Lunar New Year's Eve, on Tuesday 24 and Wednesday 29 January, fell by 76.5% to 243,204 people year on year, according to figures released by the Macau Government Tourism Office

Brazilian group Oi leaves Angola’s Unitel with the sale of its stake to Sonangol

30 January 2020
| Angola | Brazil | Portugal
Africatel Holdings B.V., an indirect wholly-owned subsidiary of the Brazilian telecommunications group Oi, sold and transferred all the shares held by Portuguese company PT Ventures SGPS to Angolan oil company Sonangol, said the group in a statement issued recently.

Inflation rate in 2019 in Macau falls to 2.75%

24 January 2020
| Macau
The rate of inflation in Macau in 2019 was 2.75%, 45 basis points less than in the previous year, of 3.01%, said the region's Statistics and Census Bureau.

Angola negotiates the end of oil-backed debt with China

23 January 2020
| Angola | Brazil | China
The government of Angola is negotiating with its Chinese counterpart to end the use of oil as a guarantee for bilateral debt, said in London, the Angolan Minister of State for Economic Coordination, Manuel Nunes Júnior.

Forum Macau analyses report on its 15 years of activity

22 January 2020
| Angola | Brazil | Cabo Verde | China | Guinea-Bissau | Macau | Mozambique | Portugal | São Tomé and Príncipe | Timor-Leste
Forum Macau has analysed the report prepared by the Chinese Academy of Social Sciences on the activities of the institution in its 15 years of existence, according to information from the Support Office of the Permanent Secretariat of Forum Macau.

Multinational companies subject to new rules in Macau

21 January 2020
| Macau
An administrative regulation called "Regulation of registration on the activities of the multinational enterprise group" shall enter into force on Sunday, 26 January in Macau, after the Executive Council recently concluded the discussion of the project, according to official information.

Mass-market baccarat makes gains on VIP baccarat in Macau

20 January 2020
| Macau
VIP baccarat has been losing market share to mass market baccarat at casinos in Macau, although in 2019 it still provided a higher gross revenue, according to statistics on the various types of gambling released by the region's Gaming Inspection and Coordination Bureau.

CPLP announces new funding to support Mozambique

17 January 2020
| Angola | Brazil | Cabo Verde | Guinea-Bissau | Mozambique | Portugal | São Tomé and Príncipe | Timor-Leste
The Community of Portuguese Speaking Countries (CPLP) will help the reconstruction of areas of Mozambique affected by cyclones in 2019 with funding of €888,600, with funding totalling €1.26 million, said the organisation in a statement.

Macau Tourism Office expects drop in the number of visitors in 2020

16 January 2020
| Macau
Macau is expected to receive fewer visitors in 2020, with a projected drop of 3.0%, said on Tuesday the director of the Macau Government Tourism Office (MGTO), adding that in 2019 a new record of 39.4 million visitors had been set, an increase of 10.1% when compared with the number recorded a year before.

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