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Macau

Bringbuys Web Technology plans to install technology hub in Cabo Verde at the beginning of July

14 June 2019
The conditions for the installation of a technological hub in Cabo Verde to provide services to West Africa "are all in place," and the project is due to move ahead in early July, the chair of Cabo Verde Tradeinvest said on Thursday in Praia.

Trade between China and Portuguese-speaking countries reaches US$46.254 billion from January to April

14 June 2019
Trade between China and the Portuguese-speaking countries increased 11.99% in the period from January to April 2019 to US$46.254 billion, according to official Chinese figures released by Forum Macau.

Macau company negotiates installation of technology hub in Cabo Verde

12 June 2019
A delegation from Bringbuys Web Technology of Macau will travel to Praia from 13 to 15 June to continue negotiations for the installation of a technology hub in Cabo Verde, Cabo Verde TradeInvest said in a statement.

Environmental impact of an underwater tunnel between Macau and Taipa in public consultation

11 June 2019
The environmental impact assessment of the construction of an underwater tunnel between the Macau peninsula and the island of Taipa is under public consultation until 21 June, according to the Land, Public Works and Transport Bureau.

Macau receives 397,100 tourists from 7 to 9 June

11 June 2019
Macau received a total of 397,100 tourists during the Dragon Boat Festival from 7 to 9 June, an increase of 58.8% on year, according to official information.

Macau’s participation in the Guangdong-Hong Kong-Macau Greater Bay available in an electronic document

10 June 2019
Macau's participation in the construction of the Guangdong-Hong Kong-Macau Greater Bay Area is included in an attachment that has been added to the first Five-Year Development Plan of the Macau Special Administrative Region (2016-2020), the government said.

Macau’s economy shrinks from January to March after 10 consecutive quarters of growth

4 June 2019
Macau's economy contracted by 3.2% year-on-year in the first quarter of 2019, ending a series of 10 consecutive quarters of growth, according to the Statistics and Census Bureau.

Mozambique has 10% of its currency reserves applied in Chinese currency

3 June 2019
The growing internationalisation of China's currency strengthens Mozambique's interest in making investments in yuan, said the governor of the Mozambican central bank at the 10th International Forum on Investment and Infrastructure Construction.

Macau can support the financial sector of Portuguese-speaking countries in the Greater Bay

3 June 2019
Macau can use its language, culture and network to support Portuguese-speaking countries to take advantage of the development opportunities of the Greater Bay and the Chinese market, particularly in terms of providing financial services, said the Secretary for Economy and Finance of Macau.

Macau casinos revenue increases 1.8% in May 2019

3 June 2019
Macau's casinos revenue increased 1.8% year-on-year last May to 25.952 billion patacas (US$3.244 billion), according to the Macau Games Inspection and Coordination Bureau.

Macau economy shrinks in the first quarter of 2019

31 May 2019
Macau's gross domestic product (GDP) contracted in the first quarter of 2019 year-on-year, the Secretary for Economy and Finance said on Thursday, without revealing figures.

Loans from China to Portuguese-speaking countries processed in Macau

31 May 2019
A loan worth more than 10 billion yuan (US$1.45 billion) granted by China to a Portuguese-speaking country was processed in Macau in 2018, the Secretary for Economy and Finance said on Thursday.

Macau Chief Executive to open 10th International Forum on Investment and Infrastructure Construction

31 May 2019
The Macau Chief Executive said on Thursday that the International Forum on Infrastructure Investment and Construction had established an international cooperation platform.

Financial consumer disputes in Macau have a new resolution mechanism

29 May 2019
Consumers with financial conflicts in Macau will have another option for resolving their disputes or conflicts following the signing of a memorandum of cooperation between three local institutions, according to official information.

Macau Institute will continue to promote economic cooperation between China and Portuguese-speaking countries

29 May 2019
The Macau Trade and Investment Promotion Institute (IPIM) will continue to promote economic cooperation between China and Portuguese-speaking countries, the new president of the institution said on Tuesday.

Macau and Guangdong strengthen cooperation in Greater Bay

28 May 2019
Nine cooperation agreements aimed at strengthening and accelerating China's central government plan for the Guangdong-Hong Kong-Macau Greater Bay (GBA) were signed during the Guangdong-Macau Joint Cooperation Meeting held on Monday in Macau.

Angola, São Tomé and Príncipe and Timor-Leste attend infrastructure forum in Macau

28 May 2019
More than 50 government officials from some 40 countries and regions, including Angola, São Tomé and Príncipe and Timor-Leste, are due to participate this year in the 10th International Forum on Infrastructure Investment and Construction, officials said in Macau.

10th International Infrastructure Investment and Construction Forum takes place in Macau on 30 and 31 May

27 May 2019
The 10th International Investment and Infrastructure Construction Forum (IIICF) will take place in Macau from 30 to 31 May, the Macau Trade and Investment Promotion Institute (IPIM) reported.

Macau receives 13.79 million visitors from January to April

24 May 2019
Macau received 13.79 million visitors in the period from January to April, an increase of 19.9% over the same period of 2018, according to the Statistics and Census Bureau.

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

23 May 2019
Moody's has kept its credit rating of "Aa3" on the Macau economy unchanged, due to the territory's solid fiscal position and the external positioning of its government, the agency said in a statement released on Wednesday.
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