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Macao
21 September 2020

BNU CEO Says Existing Transaction Control Mechanisms Effective
Banco Nacional Ultramarino´s (BNU) existing control mechanisms are effective, the bank´s CEO assures, after documents leaked from the US Federal Agency FinCEN point to suspect financial transactions in Macau.
China
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. 
China
01 June 2020

Macao´s Economy Contracts 48.7 per cent in First Quarter
Due to the COVID-19 pandemic, Macao’s gross domestic product (GDP) dropped 48.7 per cent year-on-year in real terms in the first quarter of the year, the Statistics and Census Bureau (DSEC) announced today. Gross gaming revenue fell fall of 93.2 per cent.
China
11 May 2020

PortugalFoods Launches “Virtual Missions” to Taiwan, Singapore, Hong Kong and South Korea
With travel restrictions related to Covid-19 putting trade missions on hold, PortugalFoods, the "umbrella" brand of the Portuguese agrofood sector, is organizing "virtual missions", starting with Taiwan, Singapore, Hong Kong and South Korea.
Angola
21 April 2020

Macau Government Reaffirms Commitment to Portuguese-Speaking Countries
The 2020 Lines of Government Action, the first presented under the new chief executive, Ho Iat Seng, essentially retain that central role and opens new avenues for their development, like a Renminbi-denominated stock market and e-commerce platforms.
Macao
30 March 2020

BNU Macau “saved” a critical sale of 500 Chinese ventilators to Portugal
Last week, an order of 500 Chinese ventilators from Portugal was threatened by an offer from another country, but was saved "in extremis" by BNU bank in Macau.