Business

China Import and Export Fair in Guangdong postponed

The 127th session of the China Import and Export Fair, or the Canton Fair, previously scheduled between April 15 and May 5, will be postponed, given the high risk of imported COVID-19 cases.

24 Mar, 2020

SJM Holdings’ net profit rises 12.5% in 2019

Macau gaming operator SJM Holdings said in a statement to the Hong Kong Stock Exchange on Monday that its net profit rose 12.5% year-on-year to HK$3.2 billion in 2019.

16 Mar, 2020

Hong Kong orders quarantine for arrivals from Europe, Korea 

The Hong Kong government says all arrivals from Europe's Shengen bloc and South Korea will have to isolate themselves at home for 14 days starting  March 17 (Tuesday).

14 Mar, 2020

MGM launches more measures to help SMEs hit by COVID-19 crisis

Macau gaming operator MGM has announced further measures to assist small- and medium-sized enterprises (SMEs) in coping with the adverse impact of the COVID-19 epidemic. 

3 Mar, 2020

Government exempts street vendors, stall owners from fees, rentals this year

The Macau government published on Monday an executive order exempting street vendors, secondhand dealers and other traders from paying licence fees this year. 

24 Feb, 2020

16 of 29 hotels closed over COVID-19 threat reopen

Sixteen of the 29 hotels and guesthouses that had closed their doors in Macau in response to the COVID-19 threat have meanwhile reopened.

20 Feb, 2020

29 of Macau’s 41 casinos to reopen tonight

Macau's gaming industry will reopen its doors tonight after its 15-day shutdown by the government as part of the authorities' fight against the novel coronavirus (COVID-19). 

19 Feb, 2020

Government to announce guidelines on public enterprises

The government aims to complete formulating its guidelines on the method the city’s government-owned enterprises should announce their financial information and start implementing the guidelines next month.

14 Jan, 2020

CTM, Angola Cables ink deal, expanding business opportunities

Local telecom operator CTM and Angola Cables have recently signed a Memorandum of Understanding that will enhance digital business opportunities between Macau, mainland China and Portuguese-speaking countries.

9 Jan, 2020

Baidu chief to give talk at UM on autonomous driving: UM

Zhang Yaqin, president of Beijing-based internet giant Baidu, will be giving a lecture on “Advances in Autonomous Driving” on Monday at the University of Macau.

11 Dec, 2019

New pact exempts local government from income tax on mainland investments

The local government will be exempted from income tax when investing in the mainland, once a new deal under the Mainland-Macau agreement to avoid double taxation comes into effect.

29 Nov, 2019

Retail sales dip 0.5% in Q3, Oct inflation hits 2.86%

The value of Macau’s retail sales dipped by 0.5% year-on-year to 18.06 billion patacas, while the sales volume dropped by 0.7%.

26 Nov, 2019

Cultural sector has become real business: Tam

Macau’s cultural industry has developed in a way that it has gradually joined the business sector.

12 Nov, 2019

Macau-issued credit cards rise 9.4% to 1.4 million in Q3

The total number of personal credit cards issued by banks in Macau rose by 9.4% year-on-year in the third quarter.

11 Nov, 2019

CIIE expands mainland market for Macau firms: entrepreneurs

Local businesses express how valuable the China International Import Expo is for them in expanding their opportunities.

11 Nov, 2019

‘Macao Hub’ at CIIE promotes city’s ‘centre & platform role

An exhibition area at the 2nd China International Import Expo in Shanghai aims to promote Macau’s role as an international centre and platform.

6 Nov, 2019

Macau’s 1st Ikea store to open in Taipa next year

The first local IKEA store will open in Taipa in the first quarter of next year.

24 Oct, 2019

MSAR anniversary & zodiac notes available for collection

The banknotes for the 20th anniversary of Macau’s return to the motherland, and the four previously issued zodiac banknotes are ready for collection by registered local residents.

22 Oct, 2019

Cape Verde counts on Macau’s support on HR training in tourism & mgmt: minister

Macau's support for the training of human resources in tourism and management for Cape Verde a continued need.

21 Oct, 2019

85 deals inked at 24th MIF & 2019 PLPEX

A total of 85 deals were signed and over 400 matching sessions were held at the 24th MIF and the 2019 PLPEX.

21 Oct, 2019