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Macau

EIU expects Macau’s economic growth to slow in 2019

11 June 2018
Macau's economic growth is expected to slow by more than three percentage points this year from 9.1% in 2017 to 5.8%, before dropping back to 3.9% in 2019, according to forecasts ofrom the Economist Intelligence Unit (EIU) in its latest report on the territory.

State enterprises from China and Macau should join forces to act in Portuguese-speaking countries

11 June 2018
The President of the Macau Trade and Investment Pomotion Institute (IPIM) said that Chinese state-owned enterprises could join Macau companies and jointly enter foreign markets, especially Portuguese-speaking countries.

Macau wants to be an international diamond trading centre

8 June 2018
Macau intends to set up an international trading centre for diamonds and rough gems, taking advantage, among other things, of the network of the Shanghai Diamond Exchange and the precious stones available in Portuguese-speaking countries, according to a statement from the Macau Trade and Investment Promotion Institute (IPIM).

Macau has to contribute to the development of the “Belt and Road”

7 June 2018
Macau Chief Executive Chui Sai On gave assurances of his government's determination to make the most of the advantages the "Belt and Road" initiative brings to the start of a new journey for the Special Administrative Region.

Moody’s keeps Macau’s risk rating unchanged at “Aa3”

6 June 2018
Moody's has kept its long-term debt risk rating on the Macau economy unchanged at "Aa3" as well as a "stable" outlook, according to a statement announcing the findings of the Special Administrative Region's annual credit analysis report.

International Infrastructure Forum focuses on Portuguese-speaking countries

5 June 2018
The 9th International Infrastructure Forum, which will take place in Macau on 7 and 8 June, will help promote the development of the Macau platform for financial services between China and Portuguese-speaking countries, said Sam Lei, executive director of the Macau Trade and Investment Promotion Institute (IPIM).

Service sector opportunities in the Guangdong-Hong Kong-Macau Great Bay area

4 June 2018
The exploration of business opportunities for the services sector in the future Guangdong-Hong Kong-Macau Great Bay Area was one of the issues addressed on Friday at a seminar on trade in services between China and Portuguese-speaking countries.

Macau and Zhuhai strengthen cooperation focused on Guangdong-Hong Kong-Macau Great Bay

1 June 2018
Macau is expected to join Zhuhai to explore future opportunities by announcing the details of the Guangdong-Hong Kong-Macau Great Bay Area, particularly as regards innovation and new models of cooperation, said the Secretary for Economy and Finance of Macau, Leong Vai Tac at a meeting with the highest official of the Chinese municipality.

Gross revenue at Macau casinos grows 12.1% in May

1 June 2018
Growth of Macau's gross casino revenue slowed to 12.1% in May, compared to 27.6% in April and 22.2% in March, according to the Macau Gaming Inspection and Coordination Bureau.

Macau economy accelerates growth to 9.2% in Q1

30 May 2018
Macau's gross domestic product (GDP) posted growth of 9.2% year-on-year in the first quarter of 2018, up from 8.0% in the fourth quarter of 2017, according to the region's Statistics and Census Bureau.

Consortium offers shuttle bus transport between Hong Kong, Macau and Zhuhai

30 May 2018
A consortium with 13 participants from Hong Kong, Macau and Guangdong province will spend 500 million Hong Kong dollars to provide a 24-hour shuttle bus service between the three cities covered by the Hong Kong-Zhuhai Bridge, the Hong Kong Economic Journal reported.

Municipality of Beijing and Macau sign three cooperation protocols

29 May 2018
The Beijing Municipal Government and the Macau Special Administrative Region on Thursday signed three cooperation protocols under the joint title "Beijing-Macau 2018 Cooperation Partnership" to extend exchanges and ongoing cooperation between the two cities, taking advantage of the strengths of each, according to an official statement.

Conventions and exhibitions in Macau and food products from Portuguese-speaking countries showcased at fair in China

28 May 2018
Macau's advantages as a venue for conventions and exhibitions was the theme of a seminar organised by the Macau Trade and Investment Promotion Institute (IPIM) in Chongqing in cooperation with government agencies in Macau, according to an official statement.

Hong Kong-Zhuhai-Macau Bridge will bring 4,000 vehicles to Macau every day

25 May 2018
About 4,000 of the 30,000 vehicles expected to use the Hong Kong-Zhuhai-Macau bridge every day - are expected to enter Macau, Lam Hin San, Director of Traffic Affairs Services (DSAT), said on Thursday.

Macau wants to be a platform for relations between the media in China and the Portuguese-speaking countries

23 May 2018
Macau may become a platform for developing relations between Chinese and Portuguese-speaking media, said Victor Chan Chi Ping, director of the Government Information Bureau (GCS), during the "Macau Global Media Industry Development" conference.

Strengthening cooperation between China and Portugal discussed in Lisbon

21 May 2018
Portugal's Foreign Minister Augusto Santos Silva along with his Chinese counterpart analysed new investment opportunities for Chinese companies in Portugal, including industrial companies, in Lisbon on Friday.

China’s “Belt and Road” initiative under discussion in Macau

17 May 2018
The International Institute of Macau (IIM) on Wednesday launched the English-language book "China's Belt and Road Initiative - The Role of Macau and the Portuguese-speaking Countries" with articles by four authors: Thomas Chan, professor in Hong Kong, Paul Mooney, journalist, Paulo Figueiredo, researcher and José Luís Sales Marques, president of the Institute of European Studies of Macau (IEEM).

Forum Macau promotes cooperation between companies in Yangzhou and Portuguese-speaking countries

16 May 2018
The Permanent Office intends to promote productive cooperation between enterprises in Yangzhou and Portuguese-speaking countries, taking advantage of the multilateral mechanism of Forum Macau and the role of Macau as a platform, said the secretary general of the organisation in Jiangsu.

Macau wants to take advantage of its role as platform role for the internationalisation of traditional Chinese medicine

11 May 2018
The Macau Special Administrative Region (MSAR) is committed to the construction of a world tourism and leisure centre and to its role as a service platform for trade cooperation between China and Portuguese-speaking countries, as well as in the construction of the "Belt and Road" initiative and the Guangdong-Hong Kong-Macau Great Bay, the MSAR's Chief Executive said on Thursday in Bangkok.

Macau population rises to 656,700 in the first quarter

11 May 2018
The population of Macau rose to 656,700 people at the end of March, a real increase of 3,600 people in compared to the previous quarter, with the female population accounting for 53.0% of the total, according to the Statistics and Census Bureau.
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