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11 November 2020

BNU Pledges “Vigorous Cooperation” for Development of Greater Bay Area
Banco Nacional Ultramarino (BNU), part of Portugal´s State-owned Caixa Geral de Depósitos (CGD) group, has pledged to "cooperate vigorously" in the development of China´s 'Belt and Road' and 'Guangdong-Hong Kong-Macau Greater Bay Area' projects.
26 October 2020

Analysis: Time to Review Macao Forum’s Strategy and Achieve its Potential
Seventeen years after the creation of Macao Forum by the Ministry of Commerce of China (MOFCOM), a new assessment by the Chinese Academy of Social Sciences is a good opportunity to chart a better path forward, helping the Forum achieve its potential as an effective business hub. With Portuguese-Speaking Countries facing pandemic-fueled economic crisis, and China leading the global recovery, the Forum is perhaps more necessary today than its has ever been in the past.
23 October 2020

Former Macao Forum Secretary-General To Be China’s Ambassador to São Tomé
The former Secretary-General of the Forum for Economic and Trade Co-operation between China and Portuguese-Speaking Countries (Macao Forum), Xu Yingzhen, will be China's next ambassador to São Tomé, CL Brief has learned.
23 October 2020

MIF, MFE, PLPEX Triple Event Signs 52 deals on 1st Day
The 25th Macao International Trade and Investment Fair (MIF), Macao Franchise Expo 2020 (MFE) and 2020 Portuguese Speaking Countries Products and Services Exhibition (Macao) (PLPEX), which are running concurrently, started on Thursday, and 52 contracts were signed on the first day, the Macao Trade and Investment Promotion Institute (IPIM) said in a statement on Thursday.
09 October 2020

BNU and Bank of China to Remain as Macao Bank Notes Issuers Until 2030
Bank of China, Limited and Banco Nacional Ultramarino, S.A., will remain, until 2030, the issuers of Macao currency, under new agency contracts for the issuance of banknotes, signed today.
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.
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.
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