Features

Angolan government wants more “Made in Angola” and fewer imports

11 December 2018

Rising domestic production and import substitution has become a major concern for the new Angolan government, which now aims to stimulate the economy through new investments and prevent the outflow of foreign exchange.

Tax benefits for investments in Angola increase with new law

3 December 2018

Angola's Private Investment Law (LIP) regulation, which entered into force on 30 October, increases tax benefits for investors, at a time when the country intends to stimulate its non-oil economy and the export sector.

Flying without fear with Clovis Chu, awarding-winning pilot from Macao

30 November 2018

Clovis Chu entered the cockpit of an aeroplane for the first time when he was travelling to the Philippines with his family. At seven years old, the complex array of equipment and the spectacular view of the sky left a lasting impression on his young mind.

China’s recent financial support to Angola totals US$6 billion

26 November 2018

China's support to Angola following the Angolan President's recent visit to Beijing reached US$6 billion, João Lourenço said in a recent interview with Portuguese weekly newspaper Expresso.

Beemax: Macao’s first model car kit company

23 November 2018

Designing model car kits that are manufactured in Zhongshan and Gongguan, for sale worldwide.

Iberian Peninsula can be “bridge” of the Belt and Road strategy for Africa and Latin America

19 November 2018

The Iberian Peninsula could become a "bridge" for the Belt and Road strategy to reach Africa and Latin America, with a "critical point" in the Portuguese port of Sines, south of Lisbon, according to a new study that was recently released.

Former pharmacy shows life of Dr Sun Yat-sen in Macao

16 November 2018

Built some time before 1892, the restoration of the pharmacy was a long and difficult job for the Cultural Affairs Bureau, after the Macao government acquired the property in 2011.

Luso-China Chamber of Commerce awards China Tianying, Farfetch, Super Bock, Keeway and Technology Enterprises

5 November 2018

China Tianying, Farfetch, Super Bock, Keeway and two technology companies have been given awards by the Luso-China Chamber of Commerce and Industry (CCILC), at a time when relations between Portugal and China are at a high point in their history, according to the authorities of the two countries.

Brazil, Mozambique and Cabo Verde lose international competitiveness

29 October 2018

Brazil, Mozambique and Cabo Verde (Cape Verde) have fallen back a few places in the latest edition of the Global Competitiveness Index of the World Economic Forum, in which Angola is in the lowest position among Portuguese-speaking countries.

Mozambique rolls out “red carpet” to Chinese investment

22 October 2018

The Minister of Industry and Commerce of Mozambique, Ragendra de Sousa, at the 2018 edition of the Macau International Fair (MIF), called on China to invest in his country, in areas ranging from agriculture to forestry to infrastructure projects.

Precious record of Macao’s history goes on show

19 October 2018

A pioneering Jesuit Chinese priest meticulously documenting the spending of his church in eastern China. A famous voyager, known as China’s Marco Polo, trying to recover a loan from his Portuguese debtor. A Robin Hood-style pirate in the South China Sea surrendering to the Qing government.

China prudent in providing financing to Angola

15 October 2018

Angola obtained additional funding of US$2 billion from China, less than the US$11 billion sought, as China became more prudent in its lending to the African nation.

Rediscovering Chinese ceramics at the Macao Museum of Art

12 October 2018

For centuries, one of China’s most coveted ceramics hailed from Shiwan, a district in Foshan, Guangdong province. The ware – developed in the region during the 16th century, when skilled Ming dynasty craftsmen from central China brought their expertise to Shiwan, weaving it with local artisan culture – came to be recognised as its own style, fashioned in heavily glazed colours and initially designed mainly for practical purposes.

Africa not a priority for Brazilian Governments, IBRAF says

8 October 2018

Economic relations with Africa have been losing importance for Brazil's governments, which ignore the continent's potential, unlike China and other emerging economies, according to the Brazil-Africa Institute.

Macao opens new paths to China’s future

5 October 2018

Imagine: a chip that harnesses energy from thin air. Another that uses body motion and temperature to recharge itself or a third that allows energy transfer among different devices wirelessly. Researchers at the State Key Lab at the University of Macau are making it a reality, and their work may prove pivotal in China's bid to challenge the technological superiority of the United States.

BNU Macau wants to boost relations with local small and medium-sized enterprises

3 October 2018

Macau's Banco Nacional Ultramarino (BNU) is looking to increase support for the more than 40,000 small and medium-sized enterprises (SMEs) in the territory, said Carlos Cid Álvares, the bank's chief executive told the Tribuna de Macau newspaper.

Angola chases the tourist dollar

28 September 2018

The World Economic Forum last year forecast that Angola, alongside Mozambique, would be among the ten fastest growing leisure tourism destinations worldwide over the next decade.

Wine produced in Portugal by Macau businessman arrives on the market

24 September 2018

Quinta da Marmeleira wines, owned by Macau businessman Wu Zhiwei in Portugal, were bottled for the first time in August and are expected to arrive on the market soon, including in Macau.

Tale of two cities: Shenzhen, from farmland to tech mecca

21 September 2018

From 2010 to 2015, Shenzhen’s GDP grew at a rate of 79 per cent. This year, Shenzhen’s GDP is expected to reach US$350 billion, surpassing the projected US$345 billion GDP of neighbouring Hong Kong.

Angola creates a National Council of Public Works for large state enterprises

17 September 2018

The Angolan government has approved the creation of a National Council of Public Works (CNOP) to coordinate major state works, replacing other existing structures under Presidential Decree No. 202/18, which came into force on 31 August.

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