Macau

Cabo Verde attends 24th Macau International Fair with 22 companies

11 October 2019

Cabo Verde plans to attend the 24th Macau International Fair (24MIF) from 17 to 19 October, with 22 private companies exhibiting their products, services and seeking new partnerships and business opportunities, the president of Cabo Verde Trade Invest said in Praia on Thursday.

Macau will have its first space satellite in 2020/2021

10 October 2019

2020/2021, the Macau University of Science and Technology (MUST) announced on Wednesday, and people from the territory were invited to submit proposals of names by 31 October 2019.

Macau extends export credit insurance to all Portuguese-speaking countries

9 October 2019

An export credit insurance system to provide additional support to reduce the risk of trade with Portuguese-speaking countries was officially launched in Macau to support the construction of the Commercial and Trade Cooperation Service Platform between China and Portuguese-speaking Countries, the Monetary Authority of Macau (AMCM) said.

Companies from China and Portuguese-speaking countries meet at summit in Macau

9 October 2019

On 16 October, Macau will host the Summit on the Construction of the China-Portuguese-Speaking Trade Cooperation Services Platform, supported by the 2019 China Central Public Enterprises, the Macau Institute for Trade and Investment Promotion (IPIM) said in a statement.

Macau complies with all money laundering recommendations

8 October 2019

The Macau Special Administrative Region (MSAR) became the first member of the Asia Pacific Group on Money Laundering (APG) to secure a positive technical compliance rating on all 40 FATF recommendations from all members assessed globally so far, according to the Financial Information Office.

Macau group formalises acquisition of Portuguese group Monte do Pasto

4 October 2019

CESL Asia - Investimentos e Serviços, Limited, through its wholly-owned subsidiaries Focus Platform and Focus Agriculture, in Lisbon formalised the acquisition of the Monte do Pasto Group, located in the municipalities of Cuba and Alvito, in the Alentejo region of Portugal, the group said in a statement.

Macau casino revenue grows in September to US$2.76 billion

3 October 2019

Macau casinos' gross revenues increased again in September, although with a marginal variation of 0.6% to 22.079 billion patacas (US$2.760 billion), the Gaming Inspection and Coordination Bureau said.

2019PLPEX to showcase cooperation between China and the Portuguese-speaking countries

30 September 2019

The Exhibition of Products and Services of Portuguese-speaking Countries (Macau) 2019 (2019PLPEX) will feature an exhibition area for the work on the cooperation platform between China and the Portuguese-speaking countries, according to a decision approved in 2018, said the Macau Trade and Investment Promotion Institute.

Macau had 913 industrial establishments at the end of 2018

27 September 2019

Macau had 913 industrial establishments at the end of 2018, a reduction of 20 units year-on-year, according to the Statistics and Census Bureau, which said that these establishments include manufacturing industry, as well as those from the production and distribution of electricity, gas and water sectors.

Traditional Chinese Medicine under discussion in Macau

26 September 2019

The Macau Government Secretary for Economy and Finance stated that the industrialisation and international development of traditional Chinese medicine (TCM) are highly valued by the government and promote the diversification of the local economy.

Forum Macau promotes agricultural cooperation with Portuguese-speaking countries in Jiangsu

25 September 2019

The promotion of agricultural cooperation between Jiangsu Province and the Portuguese-speaking countries was the focus of a study visit to that province by the Permanent Secretariat of Forum Macau, the institution said in a statement.

Macau welcomes 27.4 million visitors from January to August 2019

24 September 2019

Macau welcomed 27.4 million visitors from January to August, up 18.0% year-on-year, with the average length of stay unchanged at 1.2 days, the Statistics and Census Bureau said.

Innovative companies from Brazil and Portugal visit four cities in the Greater Bay

18 September 2019

A delegation of technological innovation companies from Brazil and Portugal this month visited four cities in China's Greater Bay Area as part of an exchange organised by the Macau Economic Bureau

Macau gaming provides overall revenue of over US$38 billion in 2018

17 September 2019

Total revenues of Macau's gaming sector reached 304.71 billion patacas (US$38.088 billion) in 2018, up 13.7% year-on-year, according to the Statistics and Census Bureau.

Macau expected to return to economic growth in the second half of 2019

13 September 2019

Macau's economy is set to return to growth in the second half of 2019, according to the latest forecasts from the Economist Intelligence Unit (EIU), which expects a contraction of 1.0% for the year as a whole.

Future Chief Executive of Macau determined to apply “one country, two systems” principle

13 September 2019

The Chief Executive appointed for the 5th Government of the Macau Special Administrative Region (MSAR) said on Thursday in Beijing that he was determined to apply the "one country, two systems" principle, according to official information.

Macau is a successful example of applying the “One Country, Two Systems” principle

12 September 2019

The President of China praised Macau for successfully applying the "One Country, Two Systems" principle as he welcomed the Chief Executive of the Fifth Government of Macau, Ho Iat Seng, to the Great Hall of the People.

Chief Executive of Macau receives appointment decree

11 September 2019

The Chief Executive-elect of Macau received a decree in Beijing from the Council of State on his appointment as Chief Executive of the 5th Government of the Macau Special Administrative Region (MSAR), according to the Government Information Bureau (GCS).

Macau’s economy will continue to experience oscillations in the short term

10 September 2019

Macau's economy will continue to see oscillations in the near future, said the Secretary for Economy and Finance Lionel Leong, who added the government was observing and closely following developments.

Start-ups from Brazil and Portugal seek investors in Macau

6 September 2019

Seventeen companies from Brazil and Portugal are in Macau looking for Chinese investors and partners by taking part in Macau International Start-up Week from 5-7 September, officials told Portuguese news agency Lusa.

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