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Macao
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.
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.
26 May 2020
Macao casino magnate Stanley Ho dies at 98 in Hong Kong hospital
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.
14 May 2020
Adelson ‘gives up’ on Japan casino project
US gaming mogul Sheldon Adelson’s Las Vegas Sands has given up on its US$10 billion casino project in Japan, objecting the terms of Japan’s casino legislation.
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.
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