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Belt and Road | Greater Bay Area

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.

New forecast points to economic contraction of 3.7% for Macau in 2020

15 January 2020
| Macau
Macau's economy is expected to experience a contraction of 3.7% in 2020, according to estimates prepared by the Economics Department of the University of Macau, published on Tuesday.

Macau’s Statistics and Census Bureau has a new website

14 January 2020
| Macau
The Macau Statistics and Census Bureau (DSEC) since Monday has had a new website, with a new look and new functions, in order to improve user experience, the public body said.

Year-on-year inflation rate in Mozambique falls to 3.5% in 2019

13 January 2020
| Mozambique
The year-on-year inflation registered in Mozambique in 2019 fell by 41 basis points to 3.5%, said the National Statistics Institute (INE) in a note published on Friday.

Survey on the introduction of a tourist tax in Macau brings up differences between respondents

10 January 2020
| Macau
A feasibility study on the levying of a tourist tax in Macau has shown differences among the respondents, with residents favourable to its introduction and tour operators against it, said the Macau Government Tourist Office (MGTO).

CTM signs memorandum of understanding with Angola Cables

9 January 2020
| Angola | Macau
Macau telecommunications company CTM and Angola Cables recently signed a memorandum of understanding that aims to increase business opportunities between Macau, mainland China and the Portuguese-speaking countries, according to a statement released in Macau.

Angola wants to facilitate movement within the Community of Portuguese Speaking Countries

8 January 2020
| Angola | Brazil | Cabo Verde | Guinea-Bissau | Mozambique | Portugal | São Tomé and Príncipe | Timor-Leste
The government of Angola expects that the progress made in the technical discussions can make the issue of movement within the Community of Portuguese Speaking Countries (CPLP) less complex, the Angolan Minister for Foreign Affairs said on Monday in Lisbon.

Cabo Verde launches public tender for the construction of two solar power plants

7 January 2020
| Cabo Verde
The Cabo Verde government has launched an international public tender for submission of expressions of interest to install two solar power plants of five megawatts each on the islands of Sal and São Vicente, according to an announcement from the National Directorate for Industry, Trade and Energy.

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