Business

RMB sovereign bonds mark new phase of Macau’s financial services: Chui

The central government started issuing its first renminbi (RMB) sovereign bonds in Macau on Friday, and Chief Executive Fernando Chui Sai On said that the issuing marked a new phase of development for the city’s financial services.

8 Jul, 2019

China’s Ministry of Finance issues public debt in Macau

China’s Ministry of Finance on Thursday issued debt securities in the amount of 2 billion renminbi, “in order to support the development of the territory’s bond market.”

5 Jul, 2019

More Eva Air flights cancelled as strike continues

At least 100 more Eva Air flights between Macau and Taiwan have been cancelled as the strike initiated by the airline’s flight attendants on June 20 continues.

4 Jul, 2019

Air Macau Macau-Tokyo flights increase to two per day

Air Macau raised yesterday the number of round-trip Macau-Tokyo flights from one flight to two flights per day, the airline said in a statement Monday.

2 Jul, 2019

DCH Logistics Centre opens in Hengqin’s Guangdong-Macau industrial park

Chief Executive Fernando Chui Sai On and his predecessor Edmund Ho Hau Wah attended Thursday the opening ceremony of the Dah Chong Hong Logistics Centre in Hengqin.

28 Jun, 2019

Beijing to issue 2 billion yuan bonds in Macau

The central government will issue government bonds worth 2 billion yuan (2.34 billion patacas) in Macau on July 4, the Ministry of Finance and the local government announced

26 Jun, 2019

CTM plans to launch 5G in H1 of 2020, inks deal with TDM

Vandy Poon Fuk Hei, CEO of local telecom operator CTM, said Tursday that the company would bring 5G technology into commercial use in the first half of 2020, at the same pace as neighbouring regions.

7 Jun, 2019

New vehicle registrations drop 26 pct in April

New motor vehicle registrations fell by 26.1 percent year-on-year to 906 in April, the Statistics and Census Bureau (DSEC) has announced.

5 Jun, 2019

Melco buys 19.99 pct stake in Crown

Melco Resorts& Entertainment Limited announced that it bought a 19.99 percent stake in Crown Resorts Limited from CPH Crown Holdings Pty Limited.

31 May, 2019

Lawmakers pass bill on plastic bag charge scheme

The Legislative Assembly (AL) has passed the outline of a government-drafted bill which proposes the launch of a charge scheme on plastic carrier bags for retail businesses.

15 Apr, 2019

More but smaller households: survey

There are more but smaller households compared to five years ago, according to the findings of a survey announced by the Statistics and Census Bureau (DSEC) on Friday.

15 Apr, 2019

Govt to allow telecoms to end 2G service

Three local mobile network providers can officially stop providing their 2G network service from August 1, based on amendments made to each telecoms’ licence, a statement from Macau Post and Telecommunications Bureau (CTT) said Monday.

9 Apr, 2019

BOC opens virtual centre for GBA and BRI projects

The novel Bank of China (BOC) Global Advanced Corporate Finance Centre concept got off the ground Tuesday, providing a financing platform for local investors participating in the Belt and Road Initiative (BRI) and Greater Bay Area (GBA) development projects.

3 Apr, 2019

Airport operator’s 2018 profit rises 18 pct

The local airport operator has reported a profit of 532 million patacas before preferred dividends last year, a year-on-year increase of 18 percent.

1 Apr, 2019

CESL Asia vows to expand on mainland in the Portuguese speaking-Countries

CESL Asia aims to leverage its Macau platform advantages while embracing the Greater Bay Area (GBA) Outline Development Plan, looking for chances to better explore multilateral investment opportunities in the Portuguese-speaking Countries (PSCs), Macau and the Chinese mainland, CESL Asia President and CEO António Trindade told The Macau Post Daily in an interview at the Macau International Environmental Cooperation Forum & Exhibition (MIECF 2019) at the Venetian in Cotai Thursday .

29 Mar, 2019

CTM’s profit reaches 941 million patacas, 5G launch set for mid-next year

Local telecom operator CTM has made a profit of 941 million patacas in 2018, the company’s CEO Vandy Poon Fuk Hei said Wednesday, pointing out that this year marks an important time for 5G development as Macau’s leading telecom operator prepares to put the superfast connection into service in the middle of next year.

28 Mar, 2019

Govt grants 200 more radio taxis to current operator

The government has granted Macau Radio Taxi Services Limited - the city’s current and only radio taxi company - a licence to operate another 200 special radio taxis, with the first 100 additional taxis slated to come into service in the fourth quarter of this year.

26 Mar, 2019

12 local businesses named ‘classic brand’

An almond cookie bakery, a gold jeweller, a congee shop and an ice-cream parlour are among the 12 local businesses that were given the “Macau Classic Brand” title Tuesday.

26 Mar, 2019

Macau bans Boeing 733 MAX flights

The Macau Civil Aviation Authority (AACM) yesterday banned all flight applications for Boeing 737 MAX jets.

14 Mar, 2019

Portuguese wine imports rise 9 pct in 2018

Macau imported Portuguese wine worth 63.8 million patacas last year, a year-on-year growth of nine percent, TDM-Radio Macau reported .

7 Mar, 2019