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11 February 2021
BNU Bank Financial Performance “Robust” Despite Challenging Macao Market
Despite a challenging Macau banking market, hit by a sharp drop in Tourism and Gaming income, Banco Nacional Ultramarino´s financial performance was "robust" in 2020, the bank announced.
13 January 2021
Sheldon Adelson, the billionaire who transformed Macao, dies at age 87
Casino tycoon and American political mega-donor Sheldon Gary Adelson died on January 11 following complications related to treatment for non-Hodgkin’s lymphoma. He was 87.
11 December 2020
New Chinese Ambassador to São Tomé Presents Credentials
The President of São Tomé e Príncipe, Evaristo Carvalho, received this week the credentials of the new ambassador of the People's Republic of China in São Tomé and Príncipe, Xu Yingzhen.
23 November 2020
Development of Financial Services Platform in Macau Demands Specialized Staff
The development of a financial services platform in Macau, able to offer new services such as credit insurance, will demand 'many' specialized staff and training, according to economist Rodrigo Brum.
16 November 2020
Brazil, Mozambique Able to Benefit With New Carbon-Neutral Energy Industry
Emerging countries like Brazil and Mozambique could benefit in the new carbon-neutral energy industry, according to Francisco Leandro, Professor of the Institute for Research on Portuguese-speaking Countries at City University Macau.
11 November 2020
BNU Pledges “Vigorous Cooperation” for Development of Greater Bay Area
Banco Nacional Ultramarino (BNU), part of Portugal´s State-owned Caixa Geral de Depósitos (CGD) group, has pledged to "cooperate vigorously" in the development of China´s 'Belt and Road' and 'Guangdong-Hong Kong-Macau Greater Bay Area' projects.
26 October 2020
Analysis: Time to Review Macao Forum’s Strategy and Achieve its Potential
Seventeen years after the creation of Macao Forum by the Ministry of Commerce of China (MOFCOM), a new assessment by the Chinese Academy of Social Sciences is a good opportunity to chart a better path forward, helping the Forum achieve its potential as an effective business hub. With Portuguese-Speaking Countries facing pandemic-fueled economic crisis, and China leading the global recovery, the Forum is perhaps more necessary today than its has ever been in the past.
23 October 2020
Former Macao Forum Secretary-General To Be China’s Ambassador to São Tomé
The former Secretary-General of the Forum for Economic and Trade Co-operation between China and Portuguese-Speaking Countries (Macao Forum), Xu Yingzhen, will be China's next ambassador to São Tomé, CL Brief has learned.
23 October 2020
MIF, MFE, PLPEX Triple Event Signs 52 deals on 1st Day
The 25th Macao International Trade and Investment Fair (MIF), Macao Franchise Expo 2020 (MFE) and 2020 Portuguese Speaking Countries Products and Services Exhibition (Macao) (PLPEX), which are running concurrently, started on Thursday, and 52 contracts were signed on the first day, the Macao Trade and Investment Promotion Institute (IPIM) said in a statement on Thursday.
09 October 2020
BNU and Bank of China to Remain as Macao Bank Notes Issuers Until 2030
Bank of China, Limited and Banco Nacional Ultramarino, S.A., will remain, until 2030, the issuers of Macao currency, under new agency contracts for the issuance of banknotes, signed today.
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