Macau

President of China inaugurates Hong Kong-Zhuhai-Macau bridge

23 October 2018

Chinese President Xi Jinping on Tuesday inaugurated the Hong Kong-Zhuhai-Macau bridge at a formal ceremony held in Zhuhai, in Guangdong province, adjacent to Macau.

Hong Kong-Zhuhai-Macau bridge helps develop Greater Bay area

22 October 2018

The gross domestic product (GDP) of the Guangdong-Hong Kong-Macau Greater Bay area will reach US$4.62 billion by 2030, exceeding all similar areas in other countries, CLBrief reported recently.

Macau and Portugal intend to increase bilateral cooperation

22 October 2018

Macau and Portugal intend to increase cooperation in the areas of economy, trade, culture, language and education, according to statements issued on Friday at the end of the 5th meeting of the Macau-Portugal Joint Commission.

23rd MIF and 2018 PLPEX conclude with the signing of 75 protocols

22 October 2018

The 23rd Macau International Fair and the Exhibition of Products and Services of Portuguese-speaking Countries 2018 (Macau) ended on 20 October with the signing of 75 protocols, the Macau Trade and Investment Promotion Institute (IPIM) reported.

Opening of the Hong Kong -Zhuhai-Macau bridge will benefit the territory

19 October 2018

The opening of the Hong Kong-Zhuhai-Macau bridge will bring benefits to Macau's convention and exhibition sector, trade and economy in general, said the Secretary for Economy and Finance on Thursday.

Macau joins the Kimberley Process Certification System

16 October 2018

The Macau Secretary for Economy and Finance, Leong Vai Tac, signed an agreement on Monday in Beijing with the Director of the General Administration of Customs of China, Ni Yuefeng, to support Macau in the Application of the Kimberley Certification Process.

FDI in Macau falls by 80% in 2017

15 October 2018

Direct foreign investment in Macau in 2017 stood at 3.01 billion patacas (US$375 million), down 79.9% from 2016, according to data from the Macau Statistics and Census Service (DSEC).

IMF revises forecast for Macau’s economic growth in 2018 down to 6.3%

10 October 2018

The International Monetary Fund (IMF) has revised its forecast for Macau's economic growth downwards to 6.3%, according to the Fall World Economic Outlook, published recently.

‘Golden Week’ brings more than 890,000 visitors to Macau

9 October 2018

Macau received more than 890,000 visitors from 1 to 7 October, during the so-called Golden Week to mark the 1 October, the National Day of the People's Republic of China, the Macau Government Tourist Office (MGTO) reported.

Chief Executive authorises creation of Macau Development Bank

4 October 2018

Macau's Chief Executive has authorised the establishment and operation of the Macao Development Bank, called in Chinese 澳門發展銀行股份有限公司 and Banco de Desenvolvimento de Macau in Portuguese, according to the region's Official Gazette.

Trade between China and Portuguese-speaking countries exceeds US$82 billion from January to July

3 October 2018

Trade between China and the Portuguese-speaking countries grew 21.50% on year from January to July 2018 to reach US$82.149 billion, according to official Chinese figures released by Forum Macau.

Gross revenue at Macau’s casinos grows just 2.8% in September

3 October 2018

Punters spent 21.92 billion patacas (US$2.744 billion) in Macau's casinos in September, an increase of 2.8% year-on-year, according to the Macau Gaming Inspection and Coordination Bureau.

Macau posts trade deficit of US$6,281 million from January to August

28 September 2018

Macau posted a deficit of 50.251 billion patacas (US$6.281 billion) in its trade balance from January to August 2018, a year-on-year increase of 27.0%, the Statistics and Census Bureau reported.

China and Portuguese-speaking countries should take advantage of Macau platform, says secretary general of Forum Macau

27 September 2018

China and the Portuguese-speaking countries should take full advantage of the Macau platform, said the Secretary-General of the Permanent Secretariat of Forum Macau, who called for cooperation in the area of traditional Chinese medicine.

Guinea Bissau opens honorary consulate in Macau

26 September 2018

On Monday Guinea Bissau opened an honorary consulate in Macau whose facilities were inaugurated in a ceremony attended by Chief Executive Chui Sai On, the local press reported.

EIU expects Macau economy to grow at an average rate of 4.9% in 2018/2019

21 September 2018

The average growth rate of Macau's economy is expected to be 4.9% in 2018/2019, with growth this year of 5.8%,slowing the following year to 3.9%, the Economist Intelligence Unit (EIU) said.

Trade between China and Portuguese-speaking countries grows 21.50% from January to July

20 September 2018

Trade between China and Portuguese-speaking countries reached US$82.49 million from January to July 2018, a year-on-year increase of 21.50%, according to official Chinese figures released by Forum Macau.

PLPEX 2018, in Macau, has a bigger area and more exhibitors

20 September 2018

The area dedicated to this year's edition of the Exhibition of Products and Services of Portuguese-speaking Countries (Macau), or PLPEX 2018, has been increased to 6,000 square metres, the Macau Trade and Investment Promotion Institute (IPIM) announced.

Zhejiang’s experience in the maritime economy is important to Macau

19 September 2018

Macau will be able to take advantage of Zhejiang province's experience in the maritime economy in order to improve the management and development of the sector, said the Macau Chief Executive during a meeting in the special administrative region with the secretary of the Hangzhou Municipal Committee of the Chinese Communist Party, Zhou Jiangyong.

23rd Macau International Fair runs from 18 to 20 October 2018

14 September 2018

The 23rd Macau International Fair (23rd MIF) will be held from 18 to 20 October, this year presenting Mozambique as partner country and Fujian as partner province, the Macau Trade and Investment Promotion Institute (IPIM) said.

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