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Angola
30 April 2020

Banco Nacional Ultramarino and ICBC Macau partner for Portuguese-speaking countries

Banco Nacional Ultramarino bank and the Industrial and Commercial Bank of China (Macau) have signed a memorandum of understanding for the joint promotion of business between China and the Portuguese-speaking countries, according to a statement by the issuing bank.
Macao
28 April 2020

Macao Secondary Market for Bonds to Go Full-Speed Ahead

With sights set in establishing a financial centre in MSAR, the Government of new chief executive Ho Iat Seng is pushing for specific services to be made available as soon as possible. The bond market, wealth management services and leasing, with an eye in the Great Bay Area, are also identified as development opportunities for the sector.
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.
Angola
20 April 2020

Angolan Exports to China Take a Hit

With the Coronavirus crisis and the slowdown in the Chinese economy in the first quarter of 2020, along with a drop in oil prices, Angolan exports to China have now taken a hit. 
Angola
16 April 2020

Mozambique the Exception Among Lusophone Africa Economies in the “Red”

Like the rest of the continent, macroeconomic forecasts for Lusophone African countries are now all “in the red” ⁠— with the exception of Mozambique.
Angola
01 April 2020

Lusophone Africa geared up for Coronavirus with donations from Jack Ma

In Africa, Jack Ma and the Alibaba Foundation have taken center stage in supplying medical masks, Covid-19 tests and other protective kit to countries with fragile health systems. Just a few days after the gear arrived in Ethiopia for redistribution in the continent, all lusophone countries were stocked up.
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.
Macao
28 December 2019

Establishment of Forum Macau has allowed for exponential growth of trade between the member countries

Xu Yingzhen said Forum Macau would continue to support the construction of Macau as a platform that aims to integrate it in the context of national development.
Macao
12 December 2019

Macau economy expected to post growth of 5.2% in 2019, EIU says

Macau’s economy will contract at a rate of 5.2% in 2019, according to the latest forecasts from the Economist Intelligence Unit (EIU), which refer to 2021 as the year in which the territory will return to positive growth rates.
Macao
05 December 2019

Our friends in the south

China moved closer to Argentina and Brazil at the eighth edition of the Global Tourism and Economy Forum in Macao. The South American nations were the forum’s partner countries this year and they made gestures that could attract Chinese tourists their way in the years to come.
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