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Macau

Portuguese company linked to Macau joins efforts to combat coronavirus

13 February 2020
Hospital equipment being used by medical teams involved in combating the epidemic of coronavirus, a strain now named Covid-19 by the World Health Organisation, started to arrive this week in Macau and the cities of the Greater Bay, sent from Portugal by the Quinta da Marmeleira company owned by businessman Wu Zhiwei.

BNU Macau closes 2019 accounts with a net profit of 721.9 million patacas

13 February 2020
Macau-based bank Banco Nacional Ultramarino posted a profit of 721.9 million patacas in 2019, an increase of 23.6% compared to the result recorded in 2018, according to the balance sheet for 31 December 2019 published in the Macau Official Bulletin.

BNU announces measures to support small and medium-sized companies in Macau

12 February 2020
The Banco Nacional Ultramarino bank has announced a range of support measures for entrepreneurs in Macau, particularly those affected by the measures announced by the government in order to prevent the spread of the coronavirus.

Altira Macau hotel, in Taipa, closes for the safety of guests and staff

11 February 2020
The Altira Macau hotel, in Taipa, temporarily closed on Monday in order to reduce the possibility of propagating the coronavirus outbreak in the territory.

Macau has no new cases of coronavirus for the sixth consecutive day

10 February 2020
For the sixth day running no new cases of coronavirus were recorded in Macau, according to the local health authorities.

Five-star hotels in Macau close due to lack of guests

7 February 2020
Four hotels in Macau, including the Four Seasons, St. Regis and the Conrad in Cotai, in Taipa, have closed temporarily starting on Friday due to a lack of guests, government officials announced.

Macau ends 2019 with more than 240,000 registered vehicles

6 February 2020
At the end of 2019, Macau had more than 240,000 vehicles registered, with a slight growth of 0.3% compared with the end of 2018, the region’s Statistics and Census Bureau said.

Government closes casinos in Macau to prevent the spread of the coronavirus

5 February 2020
The Macau government has ordered the closure of the 41 casinos in Macau from Wednesday and for the next 15 days in order to prevent the transmission of the coronavirus in Macau.

Macau’s trade deficit sees marginal improvement in 2019

4 February 2020
Macau's balance of trade deficit in 2019 improved marginally in 2019 to stand at 77.33 billion patacas (US$9.66 billion), a drop of 577 million patacas compared with the figure for 2018, according to the region's Statistics and Census Bureau.

Sea links between Macau and Hong Kong suspended

4 February 2020
The sea transport links between Macau and Hong Kong have all been cancelled from Tuesday, according to an official announcement.

Casinos in Macau start 2020 with an 11.3% fall in gross revenue

3 February 2020
Macau's casinos started 2020 with a significant drop in gross revenue, which fell by 11.3% to 22.126 billion patacas (US$2.765 billion) year-on-year in January, informed the Department of Inspection and coordination games.

BNU Macau contributes €68.7 million to consolidated net result of Caixa Geral de Depósitos in 2019

3 February 2020
BNU Macau was the main contributor of the international business area for the consolidated net result of Caixa Geral de Depósitos (CGD) in 2019, with €68.7 million euros, according to information disclosed in Lisbon by the Portuguese state bank.

Macau government keeps essential public services in operation despite coronavirus

3 February 2020
The Macau government announced on Sunday that basic public services remain limited and asked residents to make use of them only in urgent cases.

Wuhan virus reduces the number of people who visit Macau

31 January 2020
The number of visitor arrivals to Macau from Lunar New Year's Eve, on Tuesday 24 and Wednesday 29 January, fell by 76.5% to 243,204 people year on year, according to figures released by the Macau Government Tourism Office

The state becomes the second-largest shareholder of Caixa Económica de Cabo Verde bank

30 January 2020
The State of Cabo Verde has acquired all of the shares held by Macau investment company Geocapital in Caixa Económica de Cabo Verde (CECV), becoming the second-largest shareholder in the bank with a stake of 27.44%, according to information disclosed in Praia.

Inflation rate in 2019 in Macau falls to 2.75%

24 January 2020
The rate of inflation in Macau in 2019 was 2.75%, 45 basis points less than in the previous year, of 3.01%, said the region's Statistics and Census Bureau.

Forum Macau analyses report on its 15 years of activity

22 January 2020
Forum Macau has analysed the report prepared by the Chinese Academy of Social Sciences on the activities of the institution in its 15 years of existence, according to information from the Support Office of the Permanent Secretariat of Forum Macau.

Fewer people arrive in Macau by sea in 2019

22 January 2020
The number of visitors who chose sea transport to travel to Macau in 2019 fell by 39.5% to 6.26 million people but remained in second place for visitor entries into the territory, the region's Statistics and Census Bureau said.

Multinational companies subject to new rules in Macau

21 January 2020
An administrative regulation called "Regulation of registration on the activities of the multinational enterprise group" shall enter into force on Sunday, 26 January in Macau, after the Executive Council recently concluded the discussion of the project, according to official information.

Mass-market baccarat makes gains on VIP baccarat in Macau

20 January 2020
VIP baccarat has been losing market share to mass market baccarat at casinos in Macau, although in 2019 it still provided a higher gross revenue, according to statistics on the various types of gambling released by the region's Gaming Inspection and Coordination Bureau.
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