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Macau

IMF expects Macau economy to grow by 7.0% in 2018

19 April 2018
Macau's economy is expected to grow by 7.0% this year, a fall of 2.3 percentage points from the 9.3% rate registered in 2017, according to the International Monetary Fund (IMF) forecasts in the World Economic Outlook.

The government expects greater development for Macau through Great Bay

18 April 2018
Macau Chief Executive Chui Sai On said on Tuesday in the Legislative Assembly that the government is monitoring preparations for the launch of the Guangdong-Hong Kong-Macau Great Bay project to be announced by the central government in Beijing this year.

Environmental protection brings representatives of Macau and Europe to Jiangmen

17 April 2018
Representatives of Macau and Europe's environmental protection sector visited green factories in Jiangmen County, Guangdong Province, on a joint trip organised by the Macau Trade and Investment Promotion Institute (IPIM) and the Monetary Authority of Macau, according to an official statement.

Trade between China and Portuguese-speaking countries totals US$20.4 billion in January/February

16 April 2018
Trade between China and the Portuguese-speaking countries in January/February totalled US$20.4 billion, or an increase of 37.43% over the same period of 2017, according to official Chinese figures released by Forum Macau.

Macau keen to develop new industries in neighbouring regions, says Leong Vai Tac

16 April 2018
The Secretary for Economy and Finance, Leong Vai Tac, said on Sunday that the government is aware of the influence that the development of industries in different regions may have in Macau.

Development fund for Guangdong-Macau cooperation almost complete

13 April 2018
The administrative procedures for the establishment of the development fund for Guangdong-Macau cooperation, which will amount to 20 billion yuan, are almost complete, said the Macau government's Secretary for Economy and Finance on Thursday.

IPIM director appointed as Deputy Secretary-General of Forum Macau

13 April 2018
The director of the Macau Trade and Investment Promotion Institute (IPIM), Gloria Batalha Ung, will be appointed to the position of deputy secretary-general of Forum Macau, taking on both roles, according to a statement from the office of the Macau Secretary's for the Economy and Finance.

Macau businessmen promote food products from Portuguese-speaking countries

12 April 2018
Businessmen and shopkeepers from Macau will promote food products from Portuguese-speaking countries on 26 and 27 April in Huizhou and Dongguan, and in Fuzhou in Fujian province in May, according to the Macau Trade and Investment Promotion Institute (IPIM).

Building sustainable cities under discussion in Macau

11 April 2018
The Macau International Environmental Cooperation Forum 2018 (MIECF), organised by the Macau Government, will take place from 12 to 14 April at the Convention and Exhibition Centre of the Venetian Macao Resort Hotel, under the theme, " Building Sustainable Cities for an Inclusive Green Economy," according to official information.

Guangdong-Macau development fund to have initial capital of 20 billion yuan

10 April 2018
The Guangdong and Macau governments have concluded talks on setting up the development fund for Guangdong-Macau cooperation, which will have initial capital of 20 billion yuan, the Secretary for Economy and Finance of Macau said on Monday.

Macau financial services platform under discussion in Portugal

9 April 2018
The installation in Macau of a financial services platform between China and the Portuguese-speaking countries will be discussed on a trip to Portugal next June, the Macau Secretary for Economy and Finance Leong Vai Tac told the Portuguese language channels of Teledifusão de Macau (TDM).

Macau releases statistical data for Guangdong-Hong Kong-Macau Great Bay

3 April 2018
The Macau Statistics and Census Bureau (DSEC) has launched web pages on the Guangdong-Hong Kong-Macau Great Bay in order to reflect the human and economic development situation in that metropolitan region, the institution said.

Macau Government increases promotion of “Belt and Road” initiative

3 April 2018
In the second half of the year, the Macau government will launch a new information system called "GovInfo Hub", which will replace the "IBS" (http://ibs.gcs.gov.mo) of the MSAR Communication Office (GCS), in order to increase the effectiveness of the distribution of news, photos and videos in Chinese, Portuguese and English.

Macau’s casino revenue grows 22.2% in March

3 April 2018
Macau's gross casino revenue increased 22.2% year-on-year to 25.95 billion patacas in March, according to the Macau Gaming Inspection and Coordination Bureau.

Governor of Guangdong calls for entity to coordinate the Great Bay Area

29 March 2018
The Governor of Guangdong Province Ma Xingrui on Wednesday called for the creation of an entity to coordinate the development plan for the Guangdong-Hong Kong-Macau Great Bay Area which includes the two special Chinese administrative regions and the cities of Guangzhou, Shenzhen, Foshan, Doongguan, Huizhou, Zhuhai, Zhongshan, Jiangmen and Zhaoqing, located in Guangdong Province.

Macau economy expected to grow at an average of 4.9% in 2018/2019

27 March 2018
Macau's economy is expected to expand at an average of 4.9% per year in 2018/2019, supported by the upswing in the gaming industry, according to the Economist Intelligence Unit (EIU) in its latest report on the territory, where it also said that the government's efforts to diversify the economy should have very limited success.

Mozambique interested in using Macau as a platform to attract business and entrepreneurs from China

26 March 2018
Mozambican Prime Minister Carlos Agostinho do Rosário said in Maputo that his country is interested in developing relations with Macau as a platform in the commercial relationship between China and Portuguese-speaking Countries, with the aim of attracting more companies interested in investing in Mozambique.

Forum Macau plans to visit Portuguese-speaking countries in 2018

23 March 2018
Delegations from Forum Macau will travel to Angola, Brazil, Cabo Verde (Cape Verde), Guinea Bissau, Mozambique, Portugal, Sao Tome and Principe and Timor-Leste (East Timor) this year under the institutions programme of activities for 2018, with a view to strengthening relations and exploring ways of further disseminating the institution's objectives.

Forum Macau plans to make more efforts to support business people

22 March 2018
The Secretary-General of Forum Macau, Xu Yingzhen, said that in the future, more efforts will be made to enable entrepreneurs from the organisations' eight member countries to take advantage of the potential offered to them.

Macau is a gateway to mainland China, says IPIM chairman

16 March 2018
Macau is an important "gateway" to mainland China, with a close relationship with Guangdong-Hong Kong-Macau Great Bay and the Pan Pearl River Delta, said the chairman of the Macau Trade and Investment Promotion Institute at a meeting in Frankfurt, Germany.
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