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Belt and Road | Greater Bay Area

Setting up leasing companies in Macau has new rules

9 April 2019
| Macau
The laws that define the Legal Regime of Financial Leasing Companies and the Tax Benefit Scheme for Financial Leasing came into force on Tuesday in Macau, after being published on Monday in the region's Official Gazette, according to an official statement.

The government of Mozambique wants Ematum fleet to fish for tuna

8 April 2019
| Mozambique
The Mozambican government has been conducting consultations to start up the 30-vessel fleet of Empresa Moçambicana de Atum (Ematum), which has been at a standstill in the port of Maputo since its acquisition, said the Minister for the Sea, Inland Waters and Fisheries.

WTO reviews and approves the Hong Kong-Macau CEPA Agreement

4 April 2019
| China | Macau
The World Trade Organization recently reviewed and approved Macau and Hong Kong Closer Economic Partnership Arrangement, (CEPA), reported the Macau Economic Bureau.

Hengqin Island, adjacent to Macau, earmarked as an international tourist zone

3 April 2019
| China | Macau
China's State Council has approved a proposal to turn Hengqin, adjacent to Macau, into an island of international tourism, according to a ruling released on Monday.

Macau casino revenue falls marginally in March

2 April 2019
| Macau
Gross revenue at Macau's casinos stood at 25.84 billion patacas (US$3.23 billion) in March, a marginal decline of 0.4% year-on-year, according to the Gaming Inspection and Coordination Bureau (GICB).

China and São Tomé and Príncipe speed up implementation of projects in the archipelago

1 April 2019
| China | São Tomé and Príncipe
China and São Tomé and Príncipe have agreed to speed up the execution of projects to be funded by Beijing, including direct support to the state's general budget for 2019, the São Tomé prime minister announced on Saturday.

Executive Council of Macau prepares a draft law on the diamond trade

29 March 2019
| China | Macau
The Executive Council of Macau has drafted a bill that, if approved by the Legislative Assembly, will bring Macau into the Kimberley Process Certification System, according to an official statement.

Greater Bay Area on Forum Macau agenda for 2019

28 March 2019
| Angola | Brazil | Cabo Verde | China | Guinea-Bissau | Macau | Mozambique | Portugal | São Tomé and Príncipe | Timor-Leste
Forum Macau unanimously approved the work plan for 2019, which clearly states the need to increase cooperation with the Guangdong-Hong Kong-Macau Greater Bay Area (GBA).

Macau Tourism Office launches “smart tourism” projects

27 March 2019
| China | Macau
The Macau Government Tourist Office (MGTO) has officially launched three "smart tourism" projects, making the most of cloud computing, the MGTO said in a statement released on Tuesday.

Macau chief executive urges closer cooperation between cities in Greater Bay

26 March 2019
| China | Macau
The Macau Chief Executive said on Monday in Beijing that Guangdong-Hong Kong-Macau cooperation should be strengthened and modernised as the focal point of the Greater Bay.

Taiwanese municipal governor plans to strengthen cooperation with Macau

25 March 2019
| China | Macau
The governor of Taiwan's Kaohsiung Municipality, Han Kuo-yu, said on Saturday in Macau he was convinced that there is great potential for cooperation between the two cities.

Macau chief executive speaks in Beijing about Greater Bay

22 March 2019
| China | Macau
Macau Chief Executive Chui Sai On heads to Beijing on Saturday to attend the 2019 China Development Forum, the Macau government spokesman said.

Leasing companies governed by new legislation in Macau

21 March 2019
| Macau
The Legislative Assembly of Macau on Wednesday approved a proposal for a law to regulate the creation and operation of financial leasing companies and subsidiaries for the purpose of leasing.

Greater Bay area creates unprecedented opportunities for Macau

20 March 2019
| China | Macau
The director of the Central People's Government Liaison Office in Macau said on Tuesday that the opportunities created by the Guangdong-Hong Kong-Macau Greater Bay Area Plan (GBA) are unprecedented.

Brazil promotes exports on mission to China next May

19 March 2019
| Brazil | China
The Brazilian government is organising a mission to visit China in the first week of May to promote exports of pork, beef and poultry, the Brazilian Agriculture Minister said recently in Washington.

Prime Minister of São Tomé and Príncipe visits China

18 March 2019
| China | Macau | São Tomé and Príncipe
São Tomé and Príncipe Prime Minister Jorge Bom Jesus visits China from 23 March for a week to meet with the government and with President Xi Jinping and Prime Minister Lee Keqiang, according to official sources in the archipelago.

Total E&P and Sonangol sign oil block contract in São Tomé and Príncipe

15 March 2019
| Angola | São Tomé and Príncipe
São Tomé and Príncipe's National Petroleum Agency on Friday is due to sign a production-sharing agreement with the consortium made up of France's Total E&P and Angola's Sonangol, according to a statement released on Thursday in São Tomé.

Energias de Portugal and China Three Gorges may form a partnership in Brazil

14 March 2019
| Brazil | China | Portugal
The EDP - Energias de Portugal group may propose the formation of a partnership with China Three Gorges (CTG) to allow this group to expand its presence in Brazil and Latin America, Reuters reported.

Macau starts tourism promotion in Portugal with a video-mapping show

13 March 2019
| Macau | Portugal
On Tuesday Macau started promoting itself as a tourist destination in Lisbon to show Portugal that the Chinese territory has other attractions beyond gambling.

Young people from Macau visit Brazil to promote cooperation in youth entrepreneurship

12 March 2019
| Brazil | China | Macau
A delegation of representatives of youth associations, five higher education institutions and various youth entrepreneurs from Macau visited two cities in Brazil, according to the government's Economic Bureau.

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