Timor-Leste

IMF recommends Timor-Leste exercise restraint in the use of Oil Fund

10 October 2017

The final balance of the Timor-Leste Oil Fund fell to US$ 5.8 billion (about 570% of GDP) in 2016, the second year of a net reduction, the International Monetary Fund (IMF) reported in a statement released in Washington.

Macau promotes products from Portuguese-speaking countries in Hangzhou

9 October 2017

The Macau Trade and Investment Promotion Institute (IPIM) plans to promote products from Portuguese-speaking countries and contact exchanges in Fuzhou (Fujian), Shenyang (Liaoning) and Wuhan (Hubei) in 2018, according to a statement from the institution.

Macau companies can help Chinese counterparts invest in Portuguese-speaking countries

26 September 2017

Macau's Economy and Finance Secretary Leong Vai Tac said at a meeting in Changsha, in China's Hunan province, that he hoped companies interested in investing in Portuguese-speaking countries would cooperate with companies from Macau companies.

Construction of the Trade Cooperation Services Complex between China and Portuguese-speaking Countries awarded to Omas

25 September 2017

Construction and engineering company Omas, Limitada will build the Commercial Cooperation Services Complex between China and Portuguese-speaking Countries, announced the Macau Land, Public Works and Transport Bureau.

Exhibition of Products and Services from Portuguese Speaking Countries includes more than 200 companies

25 September 2017

The 2017PLPEX (Exhibition of Products and Services from Portuguese Speaking Countries) will involve more than 200 companies from China, Macau and eight Portuguese-speaking countries, according to the Macau Trade and Investment Promotion Institute (IPIM).

Angola is guest country and Guangdong the guest province of the 22nd Macau International Fair

22 September 2017

Angola will be the guest country and Guangdong will be the guest province of China at the 22nd edition of the Macau International Fair (MIF), which will take place from 19 to 21 October, said the Macau Institute for Trade and Investment Promotion (IPIM).

BNU Macau well placed to link China to Portuguese-speaking countries

21 September 2017

Banco Nacional Ultramarino is a particularly well-placed bank to promote the commercial relationship between China and the Portuguese-speaking countries, the chairman of the Portuguese state-owned financial group Caixa Geral de Depósitos (CGD) said in Macau on Wednesday.

Forum considers Macau’s role in cooperation with China irreplaceable

21 September 2017

The Deputy Secretary-General of the Permanent Secretariat of Forum Macau Ding Tian said on Wednesday that the territory has an irreplaceable role in cooperation between China and the Portuguese-speaking countries, particularly in the areas of trade, investment and cultural exchange.

Maritime Silk Road Association (Macau) and International Institute of Macau promote Chinese initiative

11 September 2017

The Maritime Silk Road Association (Macau) and the International Institute of Macau (IIM) have signed a cooperation protocol for actions related to the Chinese initiative to promote the 21st Century Maritime Silk Road.

Trade between China and Portuguese-speaking countries reaches US$67.615 billion from January to July

7 September 2017

The value of trade between China and Portuguese-speaking countries rose 31.29% year-on-year to US$67.615 billion in the January-July period, according to official Chinese data released by Forum Macau.

Trade between China and Portuguese-speaking countries grows 37% in the first half

6 September 2017

Trade between China and the Portuguese-speaking countries totalled US$57.358 million in the first half of the year, up 37.58% compared to the same period of last year, according to official Chinese figures released by Forum Macau.

Economist Rodrigo Brum takes office at Forum Macau

4 September 2017

Economist Rodrigo Brum took on the role of Deputy Secretary-General of the Permanent Secretariat of Forum Macau, appointed by the Portuguese-speaking countries, on 1 September.

Timor-Leste and Australia agree on sea border definition

4 September 2017

Timor-Leste and Australia have agreed on the central elements of the definition of maritime borders in the East Timor Sea, the Permanent Court of Arbitration - an intergovernmental body that provides conciliation services to the international community - announced on Friday in Copenhagen.

Construction of the Commercial Cooperation Services Complex between China and Portuguese-speaking Countries begins this year

23 August 2017

Nine proposals were approved in the public tender for the contract to design and build the Service Complex for Commercial Cooperation between China and Portuguese-speaking Countries, according to the Land, Public Works and Transport Bureau.

Forum Macau has new delegates from Cabo Verde and São Tomé and Príncipe

1 August 2017

The new delegates from Cabo Verde (Cape Verde) and São Tomé and Príncipe and to the Permanent Secretariat of Forum Macau are taking office on 1 August, the Support Office to the Permanent Secretariat of the Forum for Economic and Trade Cooperation between China and Portuguese Language Countries said on Tuesday.

BNU bank of Timor-Leste launches country’s first credit cards

18 July 2017

Banco Nacional Ultramarino (BNU) of Timor-Leste (East Timor) has launched the country's first Visa debit and credit cards, the bank said.

Trade between China and Portuguese-speaking countries grows 41% from January to May

13 July 2017

Trade between China and the Portuguese-speaking countries rose 41.51% year-on-year in the January-May period to US$46.3 billion, according to official figures from China issued by Forum Macau.

Fosun tests business model in Portuguese-speaking countries

11 July 2017

The Fosun group has announced that it will use Portuguese-speaking countries to test a business model combining healthcare and financial services following acquisitions in Portugal, the group's founder and chairman told Hong Kong newspaper South China Morning Post.

Diplomat Vicente Manuel resigns from Forum Macau

11 July 2017

(CN) 中国-葡语国家经贸合作论坛（澳门）（“中葡论坛”）常设秘书处原副秘书长韦尚德已于7月10日离任，预料接替其职的葡籍经济学家Rodrigo Manuel Ferreira Brum即将履新。

Community of Portuguese-Speaking Countries should focus on the economy

3 July 2017

Entrepreneurs from Portuguese-speaking countries want to turn the Portuguese-speaking Community (CPLP) from an essentially political institution to one that focuses on economic issues, Salimo Abdula, the Mozambican president of the CPLP Business Confederation said in Maputo.

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