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Macao
21 September 2020
Macau to Recover in 2021, Reliant on Chinese Tourism
Macau´s economy will recover in 2021 from a 63% fall projected for this year, with the Special Administrative Region´s "fortunes tied to a recovery in Chinese tourism", the Economist Intelligence Unit (EIU) says.
09 September 2020
Forum Macao Secretary-General to return to Beijing
Xu Yingzhen, secretary-general of the Forum for Economic and Trade Co-operation between China and Portuguese-speaking Countries (Forum Macao), is leaving the post and returning to Beijing.
17 August 2020
Portuguese-Speaking Countries Legislation Now Available in Chinese
The Chinese version of the Guide to Investing in Portuguese-Speaking Countries (PSCs) and Timor-Leste, published by official legal database Legis-PALOP+TL is now available, for the first time in 2020, under a partnership with MacauLink, supported by private entities.
11 August 2020
Delay in Macau Legend´s EUR 250 million Resort in Cabo Verde Likely – Government
Macau Legend group´s casino resort in Praia, Cabo Verde, is going ahead, but is likely to face delays because of the covid-19 pandemic, according to the Tourism minister, Carlos Santos.
22 July 2020
“Much to do” for Macau Forum and Development Fund, Brazil´s Ambassador to China Says
The Macau Forum and the China Portuguese-speaking countries Cooperation and Development Fund, also based in Macau, are not central to Brazil-China relations and its results are bellow expectations, according Brazilian ambassador to China, Paulo Estivallet de Mesquita.
14 July 2020
Angola and Brazil Drag Trade Between Portuguese-Speaking Countries and China to 13% Drop
Trade in merchandise between China and Portuguese-speaking Countries reached USD 51.775 billion in the period from January to May 2020, nearly 13% less than in the same period of 2019.
30 June 2020
Greater Bay Area Common Wealth Management Scheme Launched
Bank of China and the Monetary Authorities of Hong Kong and Macao have announced the Launch of a Cross-boundary Wealth Management Connect Pilot Scheme in the Guangdong-Hong Kong-Macao Greater Bay Area.
29 June 2020
Macau Forum Able to Channel Chinese Investment to Portuguese-speaking countries – Deputy
Portugal and Portuguese-speaking countries should take more advantage of the Macau Forum to attract Chinese investment, namely in greenfield projects, according to the Deputy Secretary-General of the organization, Rodrigo Brum.
24 June 2020
Macao Economy to Drop 69.8% and Reach Pre-Crisis Levels Only in Late 2021 – Economist
The Economist Intelligence Unit (EIU) forecasts a 69.8% contraction of Macao´s economy in 2020, which should only recover to pre-crisis levels in late 2021.
02 June 2020
Long Road Ahead for Macau to Reach Hong Kong´s Level as Global Financial Hub
Macau has a long road to travel to reach that destiny, and it will need more financial experts and services that support the nascent industry.
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