01 June 2020
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.
26 May 2020
Macao gaming magnate Stanley Ho Hung Sun passed away in Hong Kong at the age of 98 today, his family announced outside Hong Kong Sanatorium and Hospital. Macao’s “king of gambling” had retired after an accident at his home in Hong Kong in 2009.
11 May 2020
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.
06 May 2020
Emily Kuo Vong´s Foundation Donates Over 100 Ventilators to Portugal and Vows to Invest in the Country
Emily Kuo Vong, president of the International Cultural Club of Portugal (ICCP), has donated to Portugal´s Health Service (SNS) medical supplies including 100 Ventilators, to assist the country in its effort to deal with Covid-19. The supplies, CLBrief has learned, have already arrived in Lisbon, Portugal.
04 May 2020
Starting May 5th, a new and improved CL Brief e-mail newsletter will be available to all its readers, with timely, reliable and relevant information about business issues regarding the Portuguese-Speaking Countries (PSCs), China and other Asian economies.
30 April 2020
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.
28 April 2020
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.
21 April 2020
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.