Features

Cabo Verde moves to create the first Special Maritime Economic Zone in the Portuguese-speaking countries

17 July 2017

The project of the future Special Economic Zone (EEZ) of São Vicente, Cabo Verde (Cape Verde), is a priority for the government and the country is preparing to receive the first facility of this kind, focused on the maritime sector and created with the support of China in the Portuguese-speaking countries.

Mong­‑Ha: The oldest settlement in the Macao peninsula

14 July 2017

Many visitors to Macao seek out the Kun Iam temple to marvel at its shrines, gilded statues, and terraced gardens. But few realise that they are standing in what little remains of the oldest settlement in the peninsula – Mong-Ha village.

Funds for cooperation with Africa are available, but well prepared projects are lacking

10 July 2017

The availability of European funds to finance cooperation projects in Africa is large, but there is a lack of well-prepared projects, particularly in Portuguese-speaking African countries, according to the president of the Portuguese Development Finance Society (Sofid).

Masters of wood – Macao museum remembers China’s master carpenter

7 July 2017

Down a narrow street in central Macao, close to Avenida de Almeida Ribeiro is the Lu Ban Carpentry Exhibition, dedicated to Lu Ban, a master carpenter, engineer and inventor who lived 2,500 years ago and is generally known as China’s patron of builders and contractors.

Opportunities for Portugal in the Chinese “One Belt, One Road” initiative

3 July 2017

China is extending the geographical scope of the "One Belt, One Road" initiative and, according to experts on strategic issues, Portugal will be able to benefit from its inclusion in that strategic initiative launched by the Chinese authorities.

Patane Library: retain the old, create the new in Macau

30 June 2017

On a crowded street in the Inner Harbour district, residents have discovered a pleasant surprise – a row of seven dilapidated buildings has been transformed into a sparkling new library. The Patane Library opened last 9th December at a ceremony presided over by Alexis Tam, Secretary for Social Affairs and Culture, and Ung Vai Meng, then President of the Cultural Affairs Bureau (IC). Since then, it has attracted around 700 visitors a day to enjoy its wide range of free newspapers, magazines, books, films, and music.

Macau wants to show more Portuguese and Spanish products to China

26 June 2017

The Macau Trade and Investment Promotion Institute (IPIM) wants more companies from Portugal and Spain to come to Macau to showcase their products, with the Chinese market as their ultimate goal, said the IPIM president, Jackson Chang.

China picks Brazil as springboard for investment in Latin America

23 June 2017

When looking at Latin America, China has historically focused its foreign direct investment in Venezuela. In recent years, however, Venezuela has fallen into major economic depression as a result of poorly crafted public policies and heavy dependency on crude oil exports in a depleted global oil market. In this adverse environment, China began diversifying its investments in Latin America and chose Brazil as one of the main destinations for foreign direct investment in the region.

Fund for Cooperation and Belt and Road initiative boost Macau platform

19 June 2017

The role played by Macau as a platform in the relationship between China and Portuguese-speaking countries is viewed with renewed interest by economic agents due to the establishment in the Special Administrative Region of the headquarters of the Fund for Cooperation and the "Belt and Road" initiative drawn up by the central government of China.

Macao, a hub of great cultural dynamism

16 June 2017

Alexis Tam Chon Weng, Secretary for Social Affairs and Culture, discusses how Macao is investing in the development of the cultural sector while improving the quality of life of local residents

China participates in the development of Mozambique’s natural gas industry

12 June 2017

The first of the two major natural gas projects will make Mozambique a major energy producer in the world, with Asia and especially China being the main market for the product.

China’s Central Government promotes the Guangdong­‑Hong Kong­‑Macao Greater Bay Area

9 June 2017

Beijing has thrown its weight behind the ambitious Guangdong-Hong Kong-Macao Greater Bay Area project that it hopes will build a world-class urban cluster in the region by 2020.

Angola will maintain high budget deficits in 2017/2021, EIU says

5 June 2017

Angola's budget deficit is expected to remain high in the coming years, with 7.3% of gross domestic product projected for this year, and then a downward trend to reach 6.1% of GDP by 2021, according to the latest report from the Economist Intelligence Unit (EIU).

Macao welcomes new Taipa Ferry Terminal

2 June 2017

The long-awaited new ferry terminal on Taipa Island, capable of serving twice as many visitors as the current main sea entry point into the city, opened to the public on 1st June.

Strategic, political and economic value of African countries decisive for inclusion in the “Belt and Road”

29 May 2017

Strategic, political and economic value will be decisive for the inclusion by China of African countries in the "Belt and Road" strategy, which will mobilise an investment of more than US$78 billion, according to university researchers.

Red panda day out in Macao

26 May 2017

Most Macao visitors know that in the heart of Coloane live two giant pandas and their offspring. But many are not aware that two red pandas have recently taken up residence alongside the bigger animals at the Seac Pai Van Park.

Mozambique faces a delicate financial situation during a period of political stabilisation

22 May 2017

The political and security situation has stabilised in Mozambique in recent months, but the financial situation is still very delicate and leads investors to view the country with concern, according to the Africa Monitor.

To make a difference

19 May 2017

Susana Chou sits down with Macao Magazine to talk about the Macao Tong Chai Charity Association and her philanthropic endeavours.

China responsible for one-third of foreign investment and jobs created in Africa in 2016

15 May 2017

China's investments in Africa accounted for about a third of total foreign direct investment (FDI) and jobs created by these projects on the continent in 2016, according to a study by consultancy EY (Ernst & Young).

The show of a lifetime – Local artist prepares for the biggest debut of his career: the Venice Art Biennale

12 May 2017

Macao artist James Wong Cheng Pou is preparing for the greatest exhibition of his career: 57th La Biennale di Venezia, or the Venice Art Biennale, to be held from the 13th May to 26th November. Hundreds of thousands of contemporary art aficionados will view his work, which includes paintings as well as 3D pieces.

MACAUHUB FRENCH