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
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 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 (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’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
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
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
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
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 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 (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 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
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
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 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
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
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
The civil aviation authorities of the mainland, Hong Kong and Macau signed an agreement on enhancing air traffic management co-operation in the Pearl River Delta (PRD) region on Monday, the Macau Civil Aviation Authority (AACM) said in a statement. The trilateral pact was signed in Hong Kong. Macau was represented by AACM President, Simon Chan … Continue reading "Macau, Hong Kong and mainland China aviation bodies sign delta deal"
10 May, 2016
Investment and trade promotion agencies from São Paulo in Brazil and Macau may sign an agreement to intensify the exchange of business missions, ensuring enhanced monitoring on the ground, according to a report from Portuguese-language newspaper Tribuna de Macau. The proposal was presented by the Paulista Agency for Promotion of Investments and Competitiveness (Invests São … Continue reading "Agencies from Brazil and Macau to further study business missions exchanges"
6 May, 2016
Macau’s economic mission is taking part in São Paulo at the “Feira APAS 2016”, an international trade fair for the supermarket sector organised by the Paulista Association of Supermarkets, from the 2nd to the 5th of May. The delegation, organised by the Macau Trade and Investment Promotion Institute (IPIM), will meet with entrepreneurs and institutions to … Continue reading "Mission to Brazil promotes Macau as a platform between China and PSC’s"
4 May, 2016