25 February 2021
Macao businessman Kevin Ho is building a 15-storey apartment building in the high-end Foz do Douro area of the northern Portuguese city of Oporto, Jornal de Negócios says. The building, to be called the Miramar Tower, will have flats ranging in size from 152 square metres to 613 square metres, each containing one to four … Continue reading "Kevin Ho of Macao building high-end housing in Portugal"
25 February 2021
24 February 2021
Energias de Portugal SA (EDP) has put Miguel Setas in charge of its electricity transmission and distribution businesses in Brazil, Macao, Portugal and Spain, Reuters reports, citing a letter sent by Mr Setas to EDP’s business partners. The news agency quotes a circular announcement as saying Mr Setas joined the EDP executive board last month. … Continue reading "Miguel Setas to run key parts of EDP electricity business"
24 February 2021
23 February 2021
The Macao Polytechnic Institute says its Student Affairs Office arranged various activities during the Lunar New Year holidays that were meant to give its students from Portuguese-speaking parts of the world experience of the Lunar New Year traditions that Chinese observe. The institute issued a written statement saying the activities included hanging lanterns and putting … Continue reading "Macao poly teaches lusophone students about Lunar New Year"
23 February 2021
Information from the Statistics and Census Service (DSEC) indicated that per-capita spending of visitors increased by 77.3% year-on-year to MOP3,129 in the fourth quarter of 2020; yet, total spending of visitors (excluding gaming expenses) decreased by 63.8% to MOP5.88 billion on account of a 79.6% decline in the number of visitor arrivals (1,877,744). Total spending … Continue reading "Macao results of visitor expenditure survey for the 4th Quarter of 2020"
22 February 2021
Information from the Statistics and Census Service (DSEC) indicated that a total of 2,369 building units and parking spaces were purchased and sold in the fourth quarter of 2020 as per Stamp Duty record, and the total value of transactions was MOP13.57 billion, down by 6.8% and 9.2% respectively quarter-to-quarter. Purchase and sale of residential … Continue reading "Macao private sector construction and real estate transactions for the 4th quarter of 2020"
11 February 2021
With the aim of analyzing and promoting new opportunities initiated by the Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area, Professor Joaquim Ramos de Carvalho, Director of the International Portuguese Training Centre of Macao Polytechnic Institute (MPI), will deliver a lecture on the Greater Bay Area and the future of academic cooperation between China … Continue reading "Macao Polytechnic Institute holds a lecture on the Greater Bay Area and Academic Cooperation between China and the Portuguese Speaking Countries"
11 February 2021
According to statistics released today by the Monetary Authority of Macao, newly approved small and medium-sized enterprise (SME) credit retreated in the second half of 2020. On the other hand, the outstanding balance of SME loans rose year-on-year while the share of SME loans to major industries remained stable. New lending approved In the second … Continue reading "Macao small and medium-sized enterprise credit statistics – Second half of 2020"
10 February 2021
The Chief Executive, Mr Ho Iat Seng, today said vaccination against COVID-19 would help create a barrier against a local outbreak of the disease. He called on the members of the Macao public to contribute to the city’s anti-epidemic work by maintaining their personal good health. Mr Ho today received a first dose of Sinopharm’s … Continue reading "Macao CE receives Sinopharm’s COVID-19 vaccine"
9 February 2021
According to statistics released today by the Monetary Authority of Macao, the total numbers of personal credit cards and debit cards issued by banks in Macao continued to rise in the fourth quarter of 2020. The credit card turnover witnessed quarter-to-quarter growth, whereas the debit card turnover recorded a decline. Cards issued On the back … Continue reading "Macao payment card statistics – 4th quarter 2020"
9 February 2021
Information from the Statistics and Census Service (DSEC) indicated that a total of 1,537 new companies were incorporated in the fourth quarter of 2020, up by 101 year-on-year. New companies operating in Wholesale & Retail Trade and Business Services totalled 595 and 401 respectively. Total value of registered capital fell by 58.1% year-on-year to MOP142 … Continue reading "Macao company statistics for the 4th quarter of 2020"
8 February 2021
An official of the Chinese Foreign Ministry believes the development of the Guangdong-Hong Kong-Macao Greater Bay Area gives Macao new opportunities for exchanges abroad and cooperation with other parts of the world, the ministry says. An official written statement quotes Acting Commissioner of the Ministry of Foreign Affairs of the People’s Republic of China in … Continue reading "Opportunities foreseen for Macao, Portugal in southern China"
8 February 2021
A first batch of 100,000 doses of the COVID-19 vaccine produced by Sinopharm has been delivered today to Macao. The supply of vaccine to Macao was thanks to the Central Government’s strong support for the city. The vaccines were sent from Beijing, and arrived in Macao after being transported by road for more than 30 … Continue reading "First batch of COVID-19 vaccine arrives in Macao"
8 February 2021
The in-flight entertainment system on Air Macau flights now plays “The Charm of Macao” album recorded by the Macao Chinese Orchestra, the Macao Cultural Affairs Bureau says. A written statement issued by the bureau says Portuguese composer Rão Kya wrote the music, which is inspired by the cultural heritage of Macao, and that the performance … Continue reading "Air Macau treats passengers to Portuguese-composed music"
4 February 2021
The Portuguese Institute of the Orient in Macao and the University of Porto Linguistics Centre in northern Portugal have agreed to cooperate in academic matters, Lusa reports, citing the institute. The Portuguese news agency quotes a written statement issued by the institute as saying the parties have agreed to work together on training and refresher … Continue reading "IPOR and University of Porto sign cooperation agreement"
3 February 2021
The Government looks forward to continuing to work closely with local Portuguese- and English-language news organisations, in order for all sides to fulfil their respective responsibilities regarding the promotion of diversification in Macao’s development, and regarding social harmony and stability. The Chief Executive, Mr Ho Iat Seng, today made the remarks at a lunch reception … Continue reading "CE praises roles of Macao Portuguese- and English-language press"
2 February 2021
Official data indicate that the value of merchandise exports by Macao to the Portuguese-speaking world grew to 12.3 million patacas (about US$1.54 million) last year, nine times more than the year before. Figures published by the Macao Statistics and Census Service on Friday show that domestic exports, as opposed to re-exports, were worth 11.75 million … Continue reading "Macao exports to lusophone world jump to US$1.54 mln in 2020"
2 February 2021
Information from the Statistics and Census Service (DSEC) indicated that the average daily wage of construction workers decreased by 0.6% quarter-to-quarter to MOP739 in the fourth quarter of 2020. The average daily wage of local construction workers (MOP939) went down by 2.0%, while that of non-resident construction workers (MOP620) increased by 0.3%. In terms of … Continue reading "Wages of construction workers and prices of construction materials in Macao for the 4th quarter of 2020"
1 February 2021
A Chinese Foreign Ministry official believes the Guangdong-Hong Kong-Macao Greater Bay Area is creating new opportunities for cooperation by Macao, Angola and Mozambique, according to a statement by the ministry. The written statement quotes Acting Commissioner of the Ministry of Foreign Affairs of the People’s Republic of China in the Macao SAR Wang Dong as … Continue reading "Official sees opportunities for Macao, Angola, Mozambique"
