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Macau

Macau International Environmental Cooperation Exhibition scheduled for 28 March

18 February 2019
The 12th Macau International Environmental Cooperation Forum 2019 (2019 MIECF) will run from 28-30 March 2019 under the theme "Towards an ecological civilization and sustainable development."

Macau receives 1.21 million visitors in seven days

12 February 2019
Macau received 1.21 million visitors during the seven-day holiday from 4 to 10 February, the so-called golden week of the Lunar New Year in mainland China, according to the Macau Government Tourist Office.

Macau is important in Portuguese-Chinese relations, says President of Portugal

8 February 2019
The growing position of the People's Republic of China on the international scene will always be of benefit to the world as a whole and certainly also to Portugal, which recognises the many opportunities in this development, said the President of Portugal, Marcelo Rebelo de Sousa, in an interview with Macau magazine .

BNU Macau accounts for 12% of the consolidated income of the Caixa Geral de Depósitos group in 2018

8 February 2019
Banco Nacional Ultramarino Macau was the largest contributor to the consolidated net income of Portuguese state-owned financial group Caixa Geral de Depósitos (CGD) in 2018, providing 61.5 million euros, according to a financial report published recently by CGD.

Macau casino revenue drops 5.0% in January to US$3.117 billion

4 February 2019
Macau's gross revenue from casinos fell 5.0% year-on-year to 24.942 billion patacas (US$3.117 billion), according to the region's Gaming Inspection and Coordination Bureau.

Brazilian agency to support Macau IPIM to open office in Brazil

1 February 2019
Brazil's export and investment promotion agency Apex-Brasil will provide all the necessary support for the Macau Trade and Investment Promotion Institute (IPIM) to set up a representative office in Brazil, said Ambassador Mario Vilalva.

Macau’s balance of trade deficit increases 20% in 2018

1 February 2019
Macau's balance of trade recorded a deficit of 77.91 billion patacas (US$9.738 billion) in 2018, a 20.6% increase compared with the value recorded in 2017, of 64.568 billion patacas, according to the Macau Statistics and Census Bureau.

Trade between China and Portuguese-speaking countries increases 25% in 2018 to US$147.354 billion

31 January 2019
The value of trade between China and the Portuguese-speaking countries reached US$147.354 billion in 2018, an increase of 25.31% year-on-year, according to official Chinese figures released by Forum Macau.

Construction Commission of Guangdong-Hong Kong-Macau Greater Bay holds first plenary meeting

30 January 2019
The first plenary meeting of the Working Commission for Construction of the Guangdong-Hong Kong-Macau Greater Bay included a retrospective of the work already completed and the planning of future activities, the Macau government spokesman said in a statement.

Heritage Foundation rates Macau as Asia’s 9th freest economy

28 January 2019
Macao is the 9th freest economy in the Asia-Pacific region, followed by Hong Kong, Singapore, New Zealand, Australia, Taiwan, Malaysia, South Korea and Japan, according to the classification granted by the american Heritage Foundation.

Macau needs direct land connection to Hong Kong airport – Tourism Office

24 January 2019
Macau would have a lot to gain if there was a means of transport that would bring visitors directly from Hong Kong airport by land, said the Director of the Macau Government Tourism Office, Maria Helena de Senna Fernandes.

Gaming sector expected to have limited impact on Macau’s economic growth in 2019/2020

23 January 2019
The gaming sector's contribution to Macau's economic growth in 2019/2020 will be marginal due to the fact that new casino construction is not expected, according to the Economist Intelligence Unit.

Macau receives 35.8 million visitors in 2018

23 January 2019
Macau received 35.8 million visitors in 2018, a new yearly record and a year-on-year increase of 9.8%, according to the region's Statistics and Census Bureau.

Trade between China and Portuguese-speaking countries exceeds US$134 billion from January to November 2018

23 January 2019
The value of trade between China and the eight Portuguese-speaking countries totalled US$134.981 billion in the January-November 2018 period, a year-on-year increase of 25.27%, according to official Chinese figures released by Forum Macau.

Inflation rate in Macau in 2018 rises to 3.01%

23 January 2019
The inflation rate registered in Macau in 2018 reached 3.01%, which was an increase of 1.78 percentage points compared with 2017, when inflation totalled 1.23%, according to the region's Statistics and Census Bureau.

Macau will always have a role to play in Portugal’s relationship with China

22 January 2019
Macau will always have a role to play in Portugal's relationship with China, as the relationship began with Macau and has become stronger through it, the new Portuguese consul-general told the Plataforma newspaper.

Residential and commercial real estate prices in Macau expected to fall by 10% in 2019

17 January 2019
Real estate prices in Macau are expected to fall by 10% this year, both in the housing and commercial segments, according to local representatives of Jones Lang LaSalle.

Macau’s foreign exchange reserves in 2018 exceed US$20 billion

16 January 2019
Macau's foreign exchange reserves reached 163.6 billion patacas (US$20.28 billion) at the end of December 2018, the Macau Monetary Authority said in a statement released on Tuesday.

Macau receives more than 35 million visitors in 2018

15 January 2019
Macau received more than 35 million visitors in 2018, Macau Tourist Office Director Maria Helena de Senna Fernandes said on Monday.

Plan for Guangdong-Hong Kong-Macau Greater Bay published in February

14 January 2019
The development plan for the Guangdong-Hong Kong-Macau Greater Bay is expected to be announced at the end of February following consultations with the region's governments, according to the South China Morning Post.
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