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
The Executive Council announced yesterday that the government has drafted a bill which – if approved by lawmakers – would enable Macau to implement the Kimberley Process Certification Scheme (KPCS), which then would allow Macau to import rough diamonds.
29 Mar, 2019
Acting Chief Executive Sonia Chan Hoi Fan said Thursday that Macau as one of the core cities in the Guangdong-Hong Kong-Macau Greater Bay Area (GBA), apart from promoting the adequate diversification of its economy, ecological civilisation construction was the “only way” to achieve sustainable development.
29 Mar, 2019
Xu Yingzhen, secretary-general of the Permanent Secretariat of the Forum for Economic and Trade Cooperation between China and Portuguese-speaking Countries (Macau), said Wednesday that this year, the focus of the secretariat’s work would be based on five elements, namely promoting trade and investment, promoting cooperation on production capacity, carrying out training of human resources, and supporting the development of Macau as a platform for China and Portuguese-speaking countries for economic and trade cooperation.
28 Mar, 2019
The Legislative Assembly of Macau approved a proposal for a law to regulate the creation and operation of financial leasing companies and subsidiaries for the purpose of leasing.
22 Mar, 2019
Macau’s composite consumer price index (CPI) rose by 2.79 percent year-on-year last month, down 0.25 percentage points from the 3.04 percent growth in January, the Statistics and Census Bureau (DSEC) said.
22 Mar, 2019
The Legislative Assembly (AL) Wednesday passed a government-initiated bill regulating the city’s finance leasing sector, with the aim of promoting its development.
21 Mar, 2019
Central People’s Government Liaison Office in Macau Director Fu Ziying said Tuesday that the central government attaches “unprecedentedly” high importance to the Guangdong-Hong Kong-Macau Greater Bay Area (GBA) development, adding that the GBA is bringing “unprecedented historic opportunities” to Macau’s future development.
20 Mar, 2019
The fourth bridge, connecting the peninsula to the island of Taipa, is expected to be completed by the end of 2025, according to the schedule of the tender launched by the Macau Government in 2018
10 Mar, 2019
The cross-border vehicle traffic of Macau grew by 8.5 percent year-on-year to 457,090 trips in January, while commercial flights in airport rose by 14.2 percent to 5,750 trips.
5 Mar, 2019
Macau is making the utmost effort to give full play to its unique advantages by cooperating with the other 10 cities in the Guangdong-Hong Kong-Macau Greater Bay Area (GBA).
4 Mar, 2019
Chief Executive Chui Sai On said in Beijing on Friday that the central government would launch eight major measures to advance the development of the Guangdong-Hong Kong-Macau Greater Bay Area (GBA)
4 Mar, 2019
Growth in Macau’s gross domestic product (GDP) slowed to 4.7 percent year-on-year in real terms last year, the Statistics and Census Bureau (DSEC) announced.
1 Mar, 2019
The Macau government’s Policy Research and Regional Development Bureau (DSEPDR) Director Mi Jian said Thursday in Beijing that the Outline Development Plan for the Guangdong-Hong Kong-Macau Greater Bay Area (GBA), which was released by the central authorities last week, has endowed Macau with “a historic mission and responsibility in the new era”
1 Mar, 2019
Macau’s total value of retail sales rose by 15.9 percent year-on-year to 76.8 billion patacas last year, the Statistics and Census Bureau (DSEC) announced.
28 Feb, 2019
Macau is expected to experience moderate economic expansion in the medium term, with surpluses in budget execution and external accounts sustained by mass tourism and non-gambling tourism, coupled with the continued monopoly on gambling in China, according to forecast by the International Monetary Fund (IMF).
27 Feb, 2019
The average price of residential units rose by 7.5 percent year-on-year to 108,427 patacas per square metre of usable area last year, the Statistics and Census Bureau (DSEC) announced.
22 Feb, 2019
Chinese authorities on Monday unveiled the outline development plan for the Guangdong-Hong Kong-Macau Greater Bay Area, aiming to develop the region into "a role model of high-quality development." according to Xinhua News Agency.
18 Feb, 2019
The blueprint for the massive economic development that will turn the Guangdong-Hong Kong-Macao Greater Bay Area into a global economic powerhouse will be made public within days according to China Daily today.
14 Feb, 2019
The outstanding value of home mortgage loans amounted to 215.7 billion patacas at the end of last year, a year-on-year growth of 13.9 percent, the Macau Monetary Authority (AMCM) said.
13 Feb, 2019