Business

BNU donations to Tung Sin Tong

BNU donates MOP 1.6 million to Tung Sin Tong

Local Portuguese lender BNU has donated another MOP 1.6 million to Tung Sin Tong, the city’s oldest Chinese charitable organisation.

7 Apr, 2017

2017 MIECF

2017 MIECF opened with green innovation as the main focus

The 2017 Macao International Environmental Co-operation Forum & Exhibition (MIECF), is commemorating its 10th edition with a focus on “green innovation.”

31 Mar, 2017

Pan Pearl River Delta representatives visit Brazil

Pan Pearl River Delta representatives visit Brazil and Portugal

Representatives of provinces and regions “9 + 2″ of the Pan Pearl River Delta will visit Brazil and Portugal between 5 to 12 March focused on research and exchange of information on environmental protection and management of marine waters, a spokesman said in Macau on Thursday.

3 Mar, 2017

Macau CEM

CEM expects new power station in 5 years

CEM expects its new power plant in Coloane to be up and running in five years time, Bernie Leong Wa Kun, chairman of the electricity utility’s executive committee, said on Thursday.

24 Feb, 2017

Nacky Kuan

Seac Pai Van water plant project to start 2017 mid-year

Macao Water Executive Director Nacky Kuan Sio Peng said on Wednesday that construction of the Seac Pai Van water treatment plant was slated to start in the middle of this year, adding that the facility is planned to be operational in 2019.

16 Feb, 2017

Pousada de São Tiago

São Tiago hotel to close temporarily

Pousada de São Tiago will temporarily close from March 31st and remain closed until the construction of the Barra Transport Complex is completed, SJM Managing Director and Chief Administrative Officer Angela Leong On Kei said on Tuesday.

15 Feb, 2017

Tencent Web network extended to Macau

Tencent Web (qq.com), one of the mainland’s largest Internet companies, announced on Monday that its coverage has been extended to Macau. The announcement was made during a press conference at Macau Tower.

24 Jan, 2017

Macau airport logs record 6.6 million passengers

Macau’s airport reported on Monday a record of 6.6 million passengers last year, with over 56,000 aircraft movements, representing a 14 per cent and 2 per cent year-on-year increase.

3 Jan, 2017

Sheldon Adelson says he wants to build more in Macau

US casino magnet Sheldon Adelson said on Tuesday he was interested in building even more integrated resorts in Macau now that he has completed the development of all six plots of land he was granted by the government.

14 Sep, 2016

CTM slashes broadband fees, gives unlimited data usage in Macau

Telecom operator CTM is giving all its broadband and fibre broadband customers unlimited data usage and slashes its tariffs from October 1, the company announced on Tuesday. CTM’s CEO Vandy Poon Fuk Hei said in a press conference at the telecom’s head office in Taipa that despite the fact that all CTM customers will have … Continue reading "CTM slashes broadband fees, gives unlimited data usage in Macau"

7 Sep, 2016

Centaline says low property prices in Macau is attracting overseas capital

Property prices and the number of transactions have gone up slightly in the second quarter of this year because Macau’s low prices are attracting overseas buyers to invest in the market, Centaline Macau & Hengqin Property Agency Director Jacky Shek Pou Tak said on Wednesday. The Hong Kong real estate agency’s local office held a … Continue reading "Centaline says low property prices in Macau is attracting overseas capital"

18 Aug, 2016

IPIM to organize Franchise Expo and Guangdong Products Fair this weekend in Macau

Macau Trade and Investment Promotion Institute (IPIM) Executive Director Irene Lau On Monday, Kuan Va said the joint budget for this week’s 2016 Macau Franchise Expo (MFE) and 2016 Guangdong & Macau Branded Products Fair (GMBPF) will be about 16 million patacas. Lau made the remarks during a press conference about the two fairs. The … Continue reading "IPIM to organize Franchise Expo and Guangdong Products Fair this weekend in Macau"

26 Jul, 2016

Macau Legend Development announces investments in Setubal, Portugal

Macau Legend Development signed a memorandum of understanding with the Portuguese municipality of Setúbal, which could reach 150 million euros in the first phase, Macau’s press reported on Thursday. The first phase, due to start in the first few months of 2017, includes the construction of a hotel, a block with 60 apartments, a marina … Continue reading "Macau Legend Development announces investments in Setubal, Portugal"

8 Jul, 2016

Macau Polytechnic Institute to launch Portuguese teacher training courses

Macau Polytechnic Institute (IPM) President Lei Heong Iok said the tertiary education institution would launch Portuguese-language teacher training courses soon. Lei made the announcement on the sidelines of a graduation ceremony for IPM students of the academic year 2015-2016. Lei said that after the launch of a new bachelor’s programme in International Chinese Language Education … Continue reading "Macau Polytechnic Institute to launch Portuguese teacher training courses"

29 Jun, 2016

Shun Tak to build mall with cineplex in Taipa, Macau

Shun Tak Holdings Limited said in a statement on Wednesday that it was partnering with an Abu Dhabi company to build a shopping mall with a cineplex in Taipa that was expected to be operational in 2019. The statement said that the 50/50 joint venture partnership was agreed upon with HIP Company Limited, a wholly-owned … Continue reading "Shun Tak to build mall with cineplex in Taipa, Macau"

23 Jun, 2016

Sharp decline in MICE events in Macau

A total of 191 MICE events were held in the first quarter of 2016, down by 20 per cent year-on-year. Information released on Monday by the Statistics and Census Service indicates that the total number of participants and attendees decreased by 50.4 per cent to 124,960. There were 187 meetings and conferences held in the … Continue reading "Sharp decline in MICE events in Macau"

14 Jun, 2016

Government hopes Macau youngsters will set up shop in Guangdong

The government’s Youth Business Incubation Centre is talking to its counterparts in the China (Guangdong) Pilot Free Trade Zone (FTZ) about encouraging young local people to set up shop in the zone, Economic Services Bureau (DSE) Director Tai Kin Ip said on Sunday. Tai spoke to reporters on the sidelines of the closing ceremony of … Continue reading "Government hopes Macau youngsters will set up shop in Guangdong"

13 Jun, 2016

Macau should build itself into ‘data city’ says Jack Ma

Macau should make use of the Internet and big data to build itself into a data city, Jack Ma, the founder and executive chairman of e-commerce giant Alibaba Group, said at University of Macau (UM) on Monday. Ma, also known as Ma Yun, made the suggestion during a public lecture hosted by the Zhejiang Chamber … Continue reading "Macau should build itself into ‘data city’ says Jack Ma"

7 Jun, 2016

Businesspeople argue that human resource development is “fundamental” for Mozambique

Mozambique needs to develop its human resources, without forgetting the capital needed to implement projects, said Thursday in Beijing the Director-General of Mozambique’s Investment Promotion Centre. Lourenço Sambo was speaking during a session to present business opportunities in Mozambique, held in Beijing, and was part of a state visit by the President of Mozambique, Filipe Jacinto Nyusi. … Continue reading "Businesspeople argue that human resource development is “fundamental” for Mozambique"

20 May, 2016

21st Macau International Fair to invite Portugal as ‘partner country’

The Macau Trade and Investment Promotion Institute (IPIM) will invite Portugal to become the partner country at this year’s 21st Macau International Trade and Investment Fair (MIF), IPIM Executive Director Gloria Batalha Ung said on Thursday. Speaking to reporters on the sidelines of a seminar themed “Ideas from Europe, Ideas from Macau” at Macau Tower, … Continue reading "21st Macau International Fair to invite Portugal as ‘partner country’"

13 May, 2016