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Macau

Macau attends 2nd edition of China International Import Exhibition

5 November 2019
A delegation of over 100 businesspeople from Macau has travelled to Shanghai to attend the 2nd edition of the China International Import Exhibition, which will take place from 4 to 7 November, said the Macau Trade and Investment Promotion Institute (IPIM).

Macau casino revenue drops to US$3.305 billion in October

5 November 2019
Macau casino gross revenues fell 3.2% year-on-year in October to 26.443 billion patacas (US$3.305 billion), according to figures released by the Gambling Inspection and Coordination Bureau.

Blue partnership between China and Portuguese-speaking countries debated in Beijing

1 November 2019
A blue partnership between China and the Portuguese-speaking countries was under discussion on Thursday at the University of Economics and International Business (UIBE) in Beijing, in a meeting that brought together about 200 people, including experts, academics, diplomats and businesspeople.

Macau’s trade deficit improves from January to September

1 November 2019
Macau's trade deficit totalled 54.679 billion patacas (US$6.834 billion) at the end of September 2019, up 3.85% from 56.870 billion in 2018, the Statistics and Census Bureau said.

External direct investment in Macau increases by 662% in 2018

31 October 2019
External direct investment in Macau increased 662.4% year-on-year to 26.86 billion patacas (US$3.35 billion) in 2018 as gambling and banking investors reinvested more profits, reported the Statistics and Census Bureau.

Macau ends September with over 239,000 registered vehicles

31 October 2019
Macau had more than 239,000 vehicles registered at the end of September 2019, a marginal increase of 0.2% over the same period of 2018, according to the Statistics and Census Bureau.

Trade between China and Portuguese-speaking countries exceeds US$96 billion from January to August

30 October 2019
The value of trade between China and the Portuguese-speaking countries grew by 2.31% year-on-year to US$96.984 billion between January and August 2019, according to official Chinese figures released by Forum Macau.

Employed population of Macau has median monthly income of US$2,125

29 October 2019
The median monthly income of Macau's employed population in the third quarter of 2019 stood at 17,000 patacas (US$2,125), an increase of 700 patacas against the previous quarter, according to the Statistics and Census Bureau.

Hong Kong – Zhuhai – Macau Bridge used by 14 million people in first year after inauguration

24 October 2019
The Hong Kong - Zhuhai - Macau bridge was used by 1.5 million vehicles carrying 14 million people during its first year, which was celebrated on Wednesday a year after its inauguration on 23 October 2018 by the President of China, Xi Jinping.

China Development Bank interested in financing projects in Cabo Verde

24 October 2019
The China Development Bank (CDB) is interested in financing projects in Cabo Verde, Cabo Verde's Minister of Trade and Industry, Alexandre Monteiro, told Macauhub.

Macau welcomes 30.20 million visitors from January to September

23 October 2019
Macau received 30.2 million visitors from January to September, an increase of 17.0% over the same period of 2018, according to the Statistics and Census Bureau, which added that the average length of stay was 1.2 days.

Environmental impact of 5th Macau-Taipa link will be temporary and reversible

23 October 2019
The environmental impact assessment report of the future underwater tunnel between the Macau Peninsula and Taipa Island states that the construction will have some impact on the surrounding environment, which will, however, be temporary and reversible, said the Bureau of Land Services, Public Works and Transportation.

Cabo Verde travel and tourism agencies launch project for ‘House of Cabo Verde’ in Asia

23 October 2019
The Association of Cabo Verde Travel and Tourism Agencies (AAVTCV) has signed a protocol with its Macau counterpart that should lead to the opening of a 'House of Cabo Verde,' to promote the culture of the country in the region the president of the Cape Verdean association told Macauhub.

Macau and Zhuhai cooperate to train staff in finance

22 October 2019
The Macau Monetary Authority will cooperate with the Zhuhai Financial Work Bureau to train staff working in the financial sector under a memorandum of cooperation signed on Monday in Zhuhai, in Guangdong province next to Macau, during the Macau-Zhuhai Business Summit 2019, the institution said.

Macau International Fair and PLPEX close with the signing of 85 protocols

21 October 2019
A total of 85 protocols were signed and more than 400 meetings were held at the 24th Macau International Fair (24th MIF) and the Portuguese-speaking Countries (Macau) Products and Services Exhibition 2019 (2019PLPEX) ), which closed on Saturday, 19 October, according to official information.

Macau wants to help Greater Bay companies enter foreign markets

18 October 2019
Macau will be able to serve the cities of the Guandong - Hong Kong - Macau Greater Bay by opening them to the outside and exploring markets in Portuguese-speaking countries, markets included in the Belt and Road initiative and international ones, the secretary for the Economy and Finance of the Macau Government said on Thursday.

Macau hires consulting firms to study the feasibility of a stock exchange

18 October 2019
The Macau government has hired international consulting firms to study the feasibility of setting up a stock exchange denominated in Chinese currency, the Secretary for Economy and Finance Leong Vai Tac said on Thursday.

Macau’s BNU bank and IPIM team up to promote business between China and Portuguese-speaking countries

18 October 2019
Banco Nacional Ultramarino (BNU) has signed an agreement with the Macau Trade and Investment Promotion Institute (IPIM) to boost business between China and Portuguese-speaking countries, the bank's chief executive said on Thursday in Macau.

China’s public companies are key in cooperation with Portuguese-speaking countries

17 October 2019
China's state-owned enterprises are a key force in economic and trade cooperation between China and the Portuguese-speaking countries and in the construction of the multilateral Cooperation Platform, the director-general of the Central Government Liaison Office said on Wednesday in Macau.

Macau to end 2019 with an economic contraction of 1.3%, IMF says

17 October 2019
Macau's economy is expected to contract by 1.3% this year and 1.1% in 2020 before returning to positive ground in 2024 at a rate of 0.3%, according to forecasts in the World Economic Outlook report released this week by the International Monetary Fund
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