News
7 September 2021
An online conference arranged by the Chinese Consulate-General in Rio de Janeiro brought together officials and businesspeople in China and Brazil to discuss green power and Sino-Brazilian cooperation in the energy business, the China News Service (CNS) reports. The Chinese state-run news agency says businesspeople attending agreed on closer technical cooperation in developing clean sources … Continue reading "Conference considers Sino-Brazilian cooperation in energy"
7 September 2021
Zhejiang Dahua Technology Co. Ltd, a supplier of security technology for the Internet of Things, says it will open a showroom in the Portuguese capital, Lisbon, next month. Chinese state-owned Dahua Technology announced in writing last week that it is opening the showroom in response to demand in Portugal. The company says the staff will … Continue reading "Demand prompts Dahua Technology to open showroom in Portugal"
7 September 2021
First-half sales this year by Portuguese farmer of livestock Monte do Pasto Lda, which is owned by CESL Asia of Macao, were twice what they were last year, Ponto Final reports. A report in the Macao newspaper last week quotes CESL Asia Chief Executive António Trindade. as saying so in an interview. CESL Asia has … Continue reading "CESL Asia boss says Monte do Pasto doubled its H1 sales"
6 September 2021
The China-Brazil International Fair for Trade in Services is being held online between August 30 and September 16, 2021. This event is co-organised by the Permanent Secretariat of the Forum for Economic and Trade Co-Operation between China and Portuguese-speaking Countries (Macao), to deepen economic and trade exchanges and boost pragmatic cooperation on trade in services … Continue reading "2021 China-Brazil International Fair for Trade in Services in progress"
6 September 2021
Among Chinese enterprises that do business online, interest in the market in Brazil is growing, stimulating consumption there and helping the South American economy recover from the COVID-19 pandemic, the People’s Daily reports. Data collected by Nielsen, a monitor of markets, indicate that the value of sales online in Brazil was 53 billion reals (about … Continue reading "E-commerce enterprises in China spurring Brazilian economy"
6 September 2021
Just three African countries had amassed more Chinese direct investment than Angola by the end of last year, the China-Africa Business Council estimates. Angola had accumulated foreign direct investment by China worth about US$2.6 billion, 5.5 percent of all Chinese direct investment in Africa, according to a document made public by the council last week. … Continue reading "Angolan stock of Chinese direct investment worth US$2.6 bln"
6 September 2021
São Toméan Health Minister Edgar Neves has commended a party of Chinese health workers who are about to finish a year-long medical mission to São Tomé and Príncipe, STP-Press reports. The São Toméan state-run news agency quotes Mr Neves as saying that since the COVID-19 pandemic began the doctors in the party have improved the … Continue reading "Chinese medical mission to São Tomé and Príncipe wins praise"
6 September 2021
The Macao Special Administrative Region (MSAR) Government welcomes the promulgation today by the Central Government of the Master Plan of the Development of the Guangdong-Macao Intensive Cooperation Zone in Hengqin. The Master Plan showcases the Central Government’s support over Macao’s economic diversification and is a major initiative to enrich further the practice of the “One … Continue reading "New impetus for Macao created under fresh master plan for development of Intensive Cooperation Zone in Hengqin"
6 September 2021
According to statistics released today by the Monetary Authority of Macao, broad money supply continued to fall in July with a stable share of patacas. Meanwhile, resident deposits decreased from a month ago whereas loans to residents posted an increase. Money supply Currency in circulation rose 0.6% whereas demand deposits dropped 0.3%. M1 thus edged … Continue reading "Macao monetary and financial statistics – July 2021"
6 September 2021
The finalists of the Contest for Promotional Videos on Portuguese-speaking Countries, a competition jointly hosted by the Permanent Secretariat of the Forum Macao and the Macao Polytechnic Institute, have been selected from entries made by 24 teams. The finalists will now vie for the most votes, via online voting, and the corresponding special prize. Online … Continue reading "Online voting begins for Contest for Promotional Videos on Portuguese-speaking Countries"
20 August 2021
The authorities in the northeastern Brazilian state of Paraíba and in the northeastern Chinese province of Liaoning have agreed to increase their cooperation and exchanges, the Chinese Consulate-General in Recife says. The consulate-general announced in writing that their agreement was signed on Tuesday, during a conference online about exchanges between local authorities in China and … Continue reading "Paraíba, Liaoning agree to greater cooperation, exchanges"
20 August 2021
A group of Chinese businesspeople is ready to invest 960 million meticals (about US$15.1 million) in building a cement works in the central Mozambican province of Zambézia, Rádio Moçambique reports. A representative of the investors said in a interview that construction work should begin once the environmental impact had been assessed, a process which should … Continue reading "Chinese intend to build cement works in central Mozambique"
20 August 2021
China will continue to hold vocational training classes online for people in São Tomé and Principe while the COVID-19 pandemic lasts, the Chinese Embassy in São Tomé says. The Chinese government has given over 600 São Toméans vocational training, and has offered over 200 the chance to study in China, according to a written statement … Continue reading "China to keep giving São Toméans vocational training online"
19 August 2021
The managers of the China-Portuguese-speaking Countries Co-operation and Development Fund in Macao are amenable to investing in Chinese-run companies in Timor-Leste, the Chinese Embassy in Díli says. Chinese Commercial Counsellor, Geng Xiewei, gave a presentation about the fund at a videoconference last week attended by representatives of 20 Chinese-run enterprises in Timor-Leste, according to a … Continue reading "Macao fund may invest in Chinese businesses in Timor-Leste"
19 August 2021
Chinese miner Dingsheng Minerals expects to obtain within a matter of days a licence to begin building a port in Chongoene in southern Mozambique, Rádio Moçambique reports, citing an official of the company. The official said the purpose of the port in Gaza province would be to handle exports of heavy sands, according to a … Continue reading "Dingsheng Minerals to build heavy sands port in Mozambique"
19 August 2021
Over 40 Macao companies have so far indicated that representatives will attend a virtual roadshow on September 15 which will present opportunities to do business in the central Portuguese region of Ribatejo, the Macau News Agency (MNA) reports. MNA quotes the Ribatejo business association, Nersant, as saying Macao enterprises in businesses such as engineering, construction, … Continue reading "Ribatejo business roadshow draws over 40 Macao companies"
19 August 2021
Information from the Statistics and Census Service (DSEC) indicated that total spending of visitors (excluding gaming expenses) grew by 15.9% quarter-to-quarter to MOP7.16 billion in the second quarter of 2021, attributable to a 25.9% increase in visitor arrivals. Total spending of overnight visitors (MOP6.38 billion) and same-day visitors (MOP777 million) rose by 14.1% and 32.0% … Continue reading "Results of Macao visitor expenditure survey for the 2nd Quarter of 2021"
18 August 2021
Over 3,000 people attended 12 gatherings in Macao meant to promote sales of products of the Portuguese-speaking world, notably food and drink, the Macao Trade and Investment Promotion Institute, or IPIM, says. The first of the gatherings, in the Portuguese-speaking Countries Food Products Exhibition Centre, was held in May, and the last ended on July … Continue reading "Food from lusophone countries attracts attention in Macao"
18 August 2021
The Portuguese Institute of the Orient, or IPOR, and the Rui Cunha Foundation will collaborate in giving teachers of the Portuguese language instruction in specific subjects such as the law, economics and the insurance business, Ponto Final reports, citing IPOR Director Joaquim Coelho Ramos. Mr Coelho Ramos says the foundation is well-known for its expertise … Continue reading "Joint effort to broaden knowledge of teachers of Portuguese"
18 August 2021
In the first seven months of this year about 200 people enrolled for courses in the Portuguese language put on in Macao by the International Lusophone Markets Business Association, or ACIML, the Macao Daily News reports. The newspaper says the courses are meant to make qualified people in Macao proficient in Portuguese, so helping the … Continue reading "Plenty of takers in Macao for ACIML courses in Portuguese"
