Macau

20th anniversary of the establishment of the MSAR has a website

26 November 2019

The Government of the Macau Special Administrative Region (MSAR) launched a website on Monday to commemorate the 20th anniversary of the establishment of the MSAR, so as to concentrate all information on the event in one place, the region's Information Bureau (GCS) said.

Macau had 29 banks at the end of the third quarter of 2019

25 November 2019

Macau had 29 banks at the end of the third quarter of 2019, more than at the end of the first quarter, according to the Statistics and Census Bureau, which added that its staff totalled 6,718 workers.

Hong Kong financial group prepares acquisition of Angolan-owned bank

25 November 2019

Banco Atlântico Europa (BAE), based in Portugal and owned by Angolan investors, is about to be sold to a Hong Kong financial group, in a deal similar to the one that led to the entry of China's Bison into Portuguese-speaking countries.

Macau welcomes over 33 million visitors from January to October

22 November 2019

Macau welcomed 33.41 million visitors from January to October 2019, up 15.3% from 2018, according to the Statistics and Census Bureau, adding that the average stay was 1.2 days.

Gambling accounted for more than half of Macau’s economic activity in 2018

21 November 2019

Lotteries, other gambling and gaming promotion in Macau accounted for more than half of the territory's economic activity in 2018, rising from 49.0% to 50.5% of the total, an increase of 1.5 percentage points, the region's Census and Statistics Bureau reported.

Visitors spend less in Macau from January to September

20 November 2019

Spending by people visiting Macau from January to September 2019, excluding gambling, totalled 47.83 billion patacas (US$5.9 billion), a drop of 6.7% year-on-year, according to the Statistics and Census Bureau.

Forum Macau organises colloquium on tropical timber investment and trade

19 November 2019

Forum Macau Secretary General Xu Yingzhen on Monday stated the importance of building a society and an increasingly green and sustainable future through the creation of a global green supply chain in trade and investment in forest products.

Macau’s GDP sees real contraction of 3.5% from January to September

15 November 2019

Macau's economy contracted by 3.5% in real terms from January to September, with the decline seen in the third quarter reaching 4.5%, according to the Statistics and Census Bureau.

Macau businessman joins Marriott group to open luxury hotel in Porto, Portugal

14 November 2019

The building of Portuguese newspaper Jornal de Notícias (JN), in the northern city of Porto, will be converted into a hotel to be managed by the Autograph Collection by Marriott and will be named Hotel Journal in order to honour the building's past and perpetuate its memory, said Macau businessman Kevin Ho King Lun.

Chief Executive of Macau presents a review of government activity

13 November 2019

The Chief Executive of Macau said that 2019 marks the end of a ten-year governance phase for himself and his team, on Tuesday when he presented a review of government action for 2019 to the Legislative Assembly.

Macau population reaches 676,100 people at the end of September

12 November 2019

Macau's population was 676,100 at the end of September 2019, an increase of 4,100 over the previous quarter, according to the Statistics and Census Bureau.

BNU (Macau) contributes 50.8 million euros to consolidated net income of Portugal’s CGD

11 November 2019

Banco Nacional Ultramarino (Macau) contributed 50.8 million euros to the consolidated net profit of 508.4 million euros of Portuguese state group Caixa Geral de Depósitos (CGD) in the first nine months of the year, the group said.

Charlestrong Group processes coffee from Timor-Leste in Macau

8 November 2019

The coffee that Charlestrong Coffee Company Limited will buy in Timor-Leste will be processed in Macau, the chairman of Charlestrong Engineering Technology and Consulting (Macau) Ltd told Macauhub in Shanghai.

Guangdong-Hong Kong-Macau Greater Bay construction strengthened by Chinese government measures

8 November 2019

The preferential policies and measures accorded to Macau by the Central Government of China will boost the construction of the Guangdong-Hong Kong-Macau Greater Bay, Macau Chief Executive Chui Sai On said in a statement.

Portuguese wine company and Chinese state importer Nam Kwong establish a partnership

7 November 2019

Portuguese wine company Quinta da Marmeleira, owned by Macau businessman Wu Zhiwei, has entered into a strategic partnership with the Chinese state distribution group Nam Kwong, which will increase the entry of Portuguese wines into mainland China.

Macau Government supports population to participate in Greater Bay Area project

7 November 2019

The Chief Executive of Macau gave assurances in Beijing that the Government is taking all necessary measures to support the population to participate in and become a part of the Guangdong-Hong Kong-Macau Greater Bay Area project.

Macau business participation in 2nd China International Imports Exhibition achieves positive results

7 November 2019

The active participation of Macau businesspeople in the 2nd International China Imports Exhibition is evident from the positive results, said Secretary for Economy and Finance Leong Vai Tac during a meeting with local journalists.

Macau and Shanghai have “great complementarity” in relations with Portuguese-speaking countries

7 November 2019

Shanghai City's trade with Portuguese-speaking countries reached US$10 billion in 2018, said the president of the Macau Institute for Trade and Investment Promotion (IPIM), according to whom that city and Macau show have “great complementarity” in this cooperation.

Macau promotes itself in Shanghai with a multimedia exhibition

6 November 2019

Macau is being promoted at the 2nd China International Imports Exhibition, taking place from 5 to 10 November at the Shanghai National Convention and Exhibition Centre, with an exhibition under the "Macao Hub" theme showcased at the China Pavilion, according to official information.

Macau and Shanghai strengthen cooperation

5 November 2019

Macau and Shanghai have signed a cooperation protocol to further strengthen financial, cultural, tourism, education, security and civil service relations.

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