7 August 2020
Governments and other investors from Portuguese-speaking Countries could issue green bonds in Macao and Hong Kong, according to Jacky So Yuk-Chow, a finance professor at the University of Macau’s Faculty of Business Management. The report by the Lusa news agency quoted the academic as saying that Macao’s historic, cultural and linguistic ties to the Portuguese-speaking … Continue reading "Macao could be platform for green bonds, says academic"
7 August 2020
Coal miner Ncondezi Energy Ltd has delivered a study into how it will integrate the power station it plans to build in the northern province of Tete into Mozambique’s grid. In a press release on Monday, Ncondezi Chief Executive Hanno Pengilly says the final version of the study submitted to the state-run electricity company in … Continue reading "Grid integration plan delivered for Mozambican power station"
6 August 2020
Macao Legislative Assembly Member José Pereira Coutinho has called for long-haul air services between Macao and the rest of the world – in particular, the Portuguese-speaking world, Ponto Final reports. The Macao newspaper quotes Mr Pereira Coutinho as saying the city could become a staging post for Mainland Chinese tourists travelling to Europe. Mr Pereira … Continue reading "Lawmaker calls for intercontinental flights to Macao"
31 July 2020
A Chinese businessman in Mozambique, Wang Xiaojin, and other Chinese expatriate entrepreneurs are discussing the establishment of a way to help young Chinese living in over 50 countries in Africa to sell African seafood and meat in their homeland, the China News Service (CNS) reports. The Chinese state-run news agency quotes Mr Wang as saying … Continue reading "Entrepreneurs mull way to sell African fish, meat in China"
27 July 2020
“Macao Franchise Expo 2020” (MFE) will be held at The Venetian Macao from 22 to 24 October. In order to further interest the general public in franchise business and to enable more companies to learn how to improve their brand’s competitiveness through online training, the Macao Trade and Investment Promotion Institute (IPIM) will work with … Continue reading "”Macao Franchise Expo 2020 Online Training Seminar” Opens for Applications to Improves Competitiveness of SMEs’ Brands"
24 July 2020
Mozambique has resumed exports of pigeon peas and mungo beans to China and Dubai after a hiatus of several months due to the Covid-19 pandemic, Jornal Notícias reports, citing a Mozambican official, Mohamed Valá. The Mozambican newspaper quotes Mr Valá, director-general of Mozambique’s grain production regulator ICM, as saying his country is resuming exports of … Continue reading "Mozambique resumes exports of produce to China, Dubai"
20 July 2020
A Chinese medical team at the Maputo Central Hospital in Mozambique has delivered by caesarean section a baby whose mother had a rare late abdominal pregnancy, the Sichuan News website reports. The website, run by the government of the southwestern Chinese province of Sichuan, says the peculiarity of the pregnancy was detected only in its … Continue reading "Chinese doctors perform tricky operation in Mozambique"
17 July 2020
The authorities in the southern Chinese province of Guangdong intend to set up on the island of Hengqin, which abuts Macao, an office for collaboration by prosecutors in China and the Portuguese-speaking world, the Nanfang Daily reports. The newspaper quotes the senior prosecutor on the island, Zhou Liren, as saying the office will better protect … Continue reading "Hengqin to have office for intl collaboration by prosecutors"
14 July 2020
Trade in merchandise between China and Portuguese-speaking Countries reached US$51.775 billion in the period from January to May 2020. It represented a 12.0 percent decline year-on-year, according to data from China Customs. Portuguese-speaking Countries sold goods worth US$37.1 billion to China in the first five months of 2020 – a fall of 12.93 percent year-on-year. … Continue reading "Trade between China, Portuguese-speaking Countries tops US$51.8 bln in January-May 2020"
14 July 2020
Trade in merchandise between China and Portuguese-speaking Countries reached US$41.828 billion in the period from January to April 2020. It represented a 9.57 percent decrease year-on-year, according to data from China Customs. Portuguese-speaking Countries sold goods worth US$30.103 billion to China in the first four months of 2020 – a fall of 10.74 percent year-on-year. … Continue reading "Trade between China, Portuguese-speaking Countries nearly US$41.8 bln in January-April 2020"
13 July 2020
Mozambique will need Chinese help to repair the damage done to its economy by the Covid-19 pandemic, including the cancellation, suspension or renegotiation of debt payments, the China Daily reports, citing Mozambican Ambassador to China Maria Gustava. The Chinese state-run newspaper quotes Ms Gustava as saying Mozambique is eager for grants of money, financing on … Continue reading "Envoy says Mozambique will need Chinese debt relief"
6 July 2020
The International Finance Corporation (IFC), an arm of the World Bank, is lending the African subsidiary of Chinese manufacturer Keda Industrial Co. Ltd US$33.5 million to build a factory in Mozambique for making ceramic tiles, the parent company says. Keda Industrial told the Shanghai Stock Exchange in writing that the money is part of US$165 … Continue reading "Keda Industrial borrows US$33.5 mln for Mozambican factory"
29 June 2020
Official figures indicate that the value of Sino-Mozambican trade was US$204.4 million in the first quarter of this year, making China the third-biggest trading partner of Mozambique. A document published by the Mozambican National Statistics Institute says China was the source of 8.5 percent of Mozambican imports in the first quarter, or US$161.5 million worth, … Continue reading "China among top three Mozambican trading partners in 2020Q1"
29 June 2020
An eight-month web promotion campaign on business opportunities in Portuguese-speaking countries, co-sponsored by the Macao Trade and Investment Promotion Institute and the Permanent Secretariat of the Forum for Economic and Trade Co-operation between China and Portuguese-speaking Countries, will be launched next month. Starting from July till February 2021, the campaign will feature one Portuguese-speaking country … Continue reading "Web promotion of business opportunities in Portuguese-speaking countries to begin next month"
23 June 2020
Universidade Pedagógica in Maputo and Huawei Technologies Co. Ltd of China are setting up a Huawei Information and Communications Technology Academy at the university, Jornal de Notícias reports. The Mozambican newspaper says a videoconference attended by Dean Jorge Ferrão of Universidade Pedagógica and Wu Ku, the executive director of the Huawei subsidiary in Mozambique, was … Continue reading "Huawei helping Mozambican university set up ICT academy"
22 June 2020
The Chinese Defence Ministry is helping Mozambique counter the Covid-19 pandemic by giving the Maputo Military Hospital a shipment of medical paraphernalia, Lusa reports. The Portuguese news agency says the donation handed over on Wednesday includes 13 tonnes of protective gear such as gloves and masks, along with thermometers and 60 boxes of other equipment … Continue reading "China donates medical paraphernalia to Maputo hospital"
15 June 2020
The Macau Association of Banks signed on Wednesday a cooperation protocol to let its members use the system developed by the Macao Polytechnic Institute (MPI) for automatically translating Chinese into Portuguese and vice-versa, MPI says. A written announcement by MPI quotes the head of the banking association, Ip Sio Kai, as saying the use of … Continue reading "Macao banks to use MPI automatic translation system"
11 June 2020
Representatives of the Mozambican and Chinese authorities have begun talks on financing the resumption of work on the Moamba Major Dam in southern Mozambique, Jornal Notícias reports, quoting Mozambican Public Works, Housing and Water Resources Minister João Machatine. The negotiations between the Mozambican Ministry of the Economy and Finance, and the state-owned Export–Import Bank of … Continue reading "Mozambique, China discussing money to restart work on dam"
11 June 2020
In order to demonstrate Macao’s advantages as the Sino-Portuguese financial service platform and boost industry-academia development in higher education, on 10 June 2020, the Macao Polytechnic Institute (MPI) and The Macau Association of Banks (ABM) signed the Cooperation Protocol on the ‘Chinese-Portuguese/Portuguese-Chinese Official Document Translation System’ and the Protocol on ‘The Macau Association of Banks … Continue reading "Macao Polytechnic Institute and The Macau Association of Banks Sign Protocol on Machine Translation System for ‘Finance + Technology’ Development"
10 June 2020
The opening last October of a fishing port built with Chinese money in the central Mozambican city of Beira has improved business there for fishing enterprises big and small, and benefited the community at large, Jornal Notícias reports, citing the Secretary of State of the surrounding province of Sofala, Stella Zeca. The fishing port is … Continue reading "Chinese-funded port a boon to Mozambican fishing industry"