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

Leong vows to improve MICE capabilities

the government will continue to improve Macau’s MICE service standards and international competitiveness.

18 Oct, 2019

Liaison chief says SOEs are cornerstone for China-PSCs collaboration

Mainland China’s state-owned enterprises are “undoubtedly the cornerstone” for economic collaboration between China and Portuguese-speaking countries.

17 Oct, 2019

Macau wins ‘Best MICE City – Asia’ award

Macau won the “Best MICE City – Asia” award at the “1st M&C Asia Stella Awards 2019” event in Singapore.

22 Aug, 2019

BNU can help Portuguese-speaking countries enter the Greater Bay Area

Companies from Portuguese-speaking countries that plan to enter the Greater Bay Area via Macau can benefit from the financial leasing service of Banco Nacional Ultramarino.

21 Aug, 2019

Lawmakers pass bill on trade in rough diamonds

Bill passed enabling Macau to formally engage in the international trade in rough diamonds.

8 Aug, 2019

At least 7,652 new residential units to be sold in 3 years: JLL

A total of 7,652 residential flats were under construction at the end of March, and the units are expected to be absorbed by the market over the next three years.

25 Jul, 2019

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