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Macau

Government of São Tomé and Príncipe plans to attract investment to develop the country

8 July 2019
The São Tomé and Príncipe government intends to raise investment for the country during a business meeting that starts on Monday, with the participation of at least 150 potential investors, said the director of the Promotion, Trade and Investment Agency (APCI).

China’s Ministry of Finance issues public debt in Macau

4 July 2019
China's Ministry of Finance on Thursday issued debt securities in the amount of 2 billion renminbi, "in order to support the development of the territory's bond market," according to recently released information.

Macau’s casino revenue grows 5.9% in June

2 July 2019
Gross revenues at Macau's casinos grew 5.9% in June year-on-year to 23.812 billion patacas (US$2.976 billion), according to the Gaming Inspection and Coordination Bureau.

China-Portuguese-Language Fund seeks projects in São Tomé and Príncipe

1 July 2019
The China-Portuguese Cooperation and Development Fund is looking for projects in São Tomé and Príncipe, a country that reestablished diplomatic relations with China in December 2016, said the secretary general of Forum Macau.

14th China/Portuguese-speaking Countries Business Meeting counts over 100 delegates from China and Macau

28 June 2019
More than 100 delegates from mainland China and Macau as well as representatives from Angola, Mozambique, Cabo Verde and Portugal have so far confirmed that they will attend the 14th Business Meeting between China and the Portuguese-speaking Countries, to be held on 8-9 July, said an official from the organizers in São Tomé and Principe.

China issues 2 billion RMB in public debt in Macau

26 June 2019
The Ministry of Finance of China will issue public debt of RMB 2 billion in Macau on 4 July "to support the development of the territory's securities market," according to a joint market statement issued on Tuesday.

53 African countries attend the 1st China-Africa Economic and Trade Expo

26 June 2019
Fifty-three countries out of 54 African countries have confirmed their presence at the 1st China-Africa Economic and Trade Expo, which will be held in Changsha, capital of Hunan province, from 27-29 June, said deputy provincial governor He Baoxiang.

Macau receives 17.18 million visitors from January to May

24 June 2019
More than 17.18 million people visited Macau from January to May, representing a year-on-year increase of 21.0%, according to the Statistics and Census Bureau, which added that the average visitor stay was 1.2 days, a drop of 0.1 days in comparison to the year-ago period.

Macau’s GDP to shrink by 0.3% in 2019, EIU says

21 June 2019
Macau will end 2019 with an economic contraction of 0.3%, contrary to the previous forecast for GDP growth of 3.2% in 2019, according to a forecast from the Economist Intelligence Unit (EIU) released on Friday.

Candidate for head of Macau government wants to strengthen relations with Portuguese-speaking countries

19 June 2019
The candidate for Head of Government of Macau Ho Iat Seng on Tuesday called for the strengthening of cooperation between China and the Portuguese-speaking countries through Macau, as there is still a lot of room to develop these relations.

Macau strengthens cooperation with Antwerp World Diamond Centre

18 June 2019
Macau and the Antwerp World Diamond Centre in Belgium have agreed to extend cooperation channels to promote the development of the diamond industry and exchange between the two regions in order to promote mutual benefits and gains.

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.
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