Macau

Number of cars entering Macau via Hong Kong-Zhuhai-Macau Bridge increases by almost 20% in January

5 March 2019

The number of cars entering Macau using the Hong Kong-Zhuhai-Macau Bridge reached 15,769 in January 2019, an increase of 19.67% compared to December 2018, according to the region's Statistics and Census Bureau.

Macau company buys cattle company in Portugal

4 March 2019

CESL Asia - Investments and Services, Limited has signed an agreement to acquire Portuguese group Saltiproud, the country's largest cattle producer, the company said in a statement released on Friday.

Macau prepares coordination of the Greater Bay Plan with Beijing and Guangdong

4 March 2019

The Macau Chief Executive will direct the relevant departments of the territory to liaise with their central and Guangdong provincial counterparts, Chui Sai On said in Beijing on Friday, according to an official statement.

Macau casino revenue grows by 4.4% in February

4 March 2019

Macau's casinos gross revenue grew by 4.4% year-on-year in February to 25.37 billion patacas (US$3.171 billion), but did not offset the 5.0% decline recorded in January, the region's Gaming Inspection and Coordination Bureau.

Construction of the Greater Bay give Macau a historical role to play

1 March 2019

The General Guidelines for Development of the Hong Kong-Guangdong-Macau Greater Bay gives Macau a new historic mission and a huge responsibility, the director of the Regional Development Policy and Research Services said on Thursday in Beijing.

Macau’s economic growth slows to 4.7% in 2018

1 March 2019

Macau recorded real growth of 4.7% in 2018, a significant slowdown compared to the 9.7% growth recorded in 2017, according to the region's Statistics and Census Bureau.

Macau should see moderate economic expansion in the medium term, IMF says

27 February 2019

Macau is expected to experience moderate economic expansion in the medium term, with surpluses in budget execution and external accounts sustained by mass tourism and non-gambling tourism, coupled with the continued monopoly on gambling in China, according to forecast by the International Monetary Fund.

Macau receives 3.4 million visitors in January

27 February 2019

Macau received more than 3.4 million visitors in January 2019, an increase of 24.9% year on year and a decrease of 4.1% compared to December 2018, according to the region's Statistics and Census Bureau.

Cabo Verde capital is the location of another hotel complex

27 February 2019

Gamboa beach in Cabo Verde will be the location of a hotel complex costing 85 million euros, with several tourist facilities, announced the mayor of Praia, Óscar Santos.

Macau chief executive travels to Beijing with Greater Bay on the agenda

26 February 2019

Macau's Chief Executive, Chui Sai On, will travel to Beijing on Thursday to attend the plenary meeting of the Guangdong-Hong Kong-Macau Greater Bay Development Leadership Group.

Macau company offers water purifiers to hospitals in Portuguese-speaking countries

25 February 2019

The Macau Plops Investment company has offered a water purifier to Agostinho Neto Hospital (HAN) in Praia to improve the quality of drinking water available at the hospital and at a lower cost, the Cape Verdean press reported.

Visitors spend US$8.71 billion in Macau in 2018

25 February 2019

People who visited Macau in 2018 spent an estimated 69.687 billion patacas (US$8.71 billion), an increase of 13.6% over those recorded a year earlier, according to the region's Statistics and Census Bureau (DSEC).

Macau chief executive calls for strengthening regional cooperation in the Greater Bay area

22 February 2019

Chief Executive Chui Sai On said Thursday in Hong Kong, during a session to publicise the General Planning Guidelines for the Development of the Guangdong-Hong Kong-Macau Greater Bay Area (GBA), that the Macau Administrative Region will continue to work to increase tits capacity and strengthen regional cooperation, as a key route to its sustainable development.

Macau raises more than US$13 billion in direct taxes on gambling in 2018

21 February 2019

Macau raised 106.781 billion patacas (US$13.3 billion) in direct taxes on gambling in 2018, according to data provided by the Financial Services Bureau (DSF).

Macau attends meeting on the Guangdong-Hong Kong-Macau Greater Bay Area

20 February 2019

Macau's Chief Executive, Chui Sai On, is due to lead a delegation from Macau to Hong Kong on Thursday to attend the launch of the General Development Plan for the Guangdong-Hong Kong-Macau Greater Bay.

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.

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