Macau

Innovative companies from Brazil and Portugal visit four cities in the Greater Bay

18 September 2019

A delegation of technological innovation companies from Brazil and Portugal this month visited four cities in China's Greater Bay Area as part of an exchange organised by the Macau Economic Bureau

Macau gaming provides overall revenue of over US$38 billion in 2018

17 September 2019

Total revenues of Macau's gaming sector reached 304.71 billion patacas (US$38.088 billion) in 2018, up 13.7% year-on-year, according to the Statistics and Census Bureau.

Macau expected to return to economic growth in the second half of 2019

13 September 2019

Macau's economy is set to return to growth in the second half of 2019, according to the latest forecasts from the Economist Intelligence Unit (EIU), which expects a contraction of 1.0% for the year as a whole.

Future Chief Executive of Macau determined to apply “one country, two systems” principle

13 September 2019

The Chief Executive appointed for the 5th Government of the Macau Special Administrative Region (MSAR) said on Thursday in Beijing that he was determined to apply the "one country, two systems" principle, according to official information.

Macau is a successful example of applying the “One Country, Two Systems” principle

12 September 2019

The President of China praised Macau for successfully applying the "One Country, Two Systems" principle as he welcomed the Chief Executive of the Fifth Government of Macau, Ho Iat Seng, to the Great Hall of the People.

Chief Executive of Macau receives appointment decree

11 September 2019

The Chief Executive-elect of Macau received a decree in Beijing from the Council of State on his appointment as Chief Executive of the 5th Government of the Macau Special Administrative Region (MSAR), according to the Government Information Bureau (GCS).

Macau’s economy will continue to experience oscillations in the short term

10 September 2019

Macau's economy will continue to see oscillations in the near future, said the Secretary for Economy and Finance Lionel Leong, who added the government was observing and closely following developments.

Start-ups from Brazil and Portugal seek investors in Macau

6 September 2019

Seventeen companies from Brazil and Portugal are in Macau looking for Chinese investors and partners by taking part in Macau International Start-up Week from 5-7 September, officials told Portuguese news agency Lusa.

Macau Chief Executive travels to Beijing for official appointment by Central Government

5 September 2019

Ho Iat Seng, Chief Executive-elect of the 5th Government of the Macau Special Administrative Region (MSAR), is scheduled to travel to Beijing from 10 to 12 September to receive the official appointment decree from the State Council, the Government Information Bureau (GCS) said.

Special edition of “Macau Yearbook – 2019” goes on sale

3 September 2019

The special edition in Chinese, Portuguese and English languages of the “Macau Yearbook - 2019” on CD-ROM, will go on sale on 3 September, the Government Information Bureau (GCS) said.

Macau casino revenues see biggest fall of the year in August

2 September 2019

August was the month in which gross revenues from Macau casinos contracted most year-on-year since the beginning of the year, down by 8.6% to 24.262 billion patacas (US$3.032 billion), the Macau Gaming Inspection and Coordination Bureau (DICJ) said.

Kimberley Process Certification System comes into force on 1 October in Macau

30 August 2019

Administrative regulations for the implementation of the Kimberley Process Certification Scheme for the international trade of rough diamonds will come into force in Macau on 1 October, the government said in a statement issued on Thursday.

Ho Iat Seng is the newly elected Chief Executive of Macau

26 August 2019

Ho Iat Seng, former President of the Legislative Assembly, was elected Chief Executive of the 5th Government of the Macau Special Administrative Region (MSAR) on Sunday, receiving 392 valid votes, or 98% of the total of 400 members of the Chief Executive Electoral Commission (CEEC).

Macau economy enters a technical recession with 2.5% contraction in the first half of 2019

26 August 2019

Macau fell into a technical recession following two consecutive quarters of contraction in its economy, based on the evolution of Gross Domestic Product, with declines of 1.8% in the second quarter and 3.2% in the first, according to the region's Statistics and Census Bureau.

Macau welcomes 23.8 million visitors from January to July

22 August 2019

Macau received 23.8 million visitors from January to July, up 20.0% year-on-year, according to the Statistics and Census Bureau.

BNU can help Portuguese-speaking countries enter the Greater Bay Area

20 August 2019

Companies from Portuguese-speaking countries that plan to enter the Greater Bay Area via Macau can benefit from the financial leasing service of Banco Nacional Ultramarino (BNU), the executive director of the banking institution said.

Shops providing free plastic bags to customers will be fined in Macau

19 August 2019

The free offer of a plastic bag in cases not envisaged by law will be sanctioned with a fine of MOP 1,000 (US$125), according to Law no. 16/2019 on restrictions to the offer of plastic bags, published today in the official gazette.

Macau culture contributes to cultural construction of Greater Bay

13 August 2019

Macau's culture, with its unique historical and human characteristics, the result of hundreds of years of exchange between Chinese and Western culture, contributes to the cultural construction of the Greater Bay, Macau's Chief Executive said on Monday.

Trade between China and the Portuguese-speaking countries rises 1.17% in the first half of 2019

12 August 2019

The value of trade between China and the Portuguese-speaking countries grew marginally by 1.17% year-on-year from January to June 2019 to US$70.139 billion, according to official Chinese figures released by Forum Macau.

Macau’s Social Security Fund has nearly US$10 billion in assets

12 August 2019

Total assets of the Macau Social Security Fund stood at 79.854 billion patacas (US$9.981 billion) at the end of 2018, a year-on-year increase of 3.16%, according to the Social Security Fund Annual Report for last year.

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