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Day: December 15, 2015

Macau Trade and Investment Promotion Institute to open offices in Lisbon & Sao Paulo in Q2 or Q3

Macau Trade and Investment Promotion Institute to open offices in Lisbon & Sao Paulo in Q2 or Q3

Macau Trade and Investment Promotion Institute (IPIM) Executive Director Gloria Batalha Ung said that in order to provide better assistance to local enterprises, small- and medium-sized enterprises (SMEs) in particular, to develop their business ties with the Portuguese-speaking countries, the institute planned to set up representative offices in Lisbon and Sao Paulo. Ung also said […]
Macau’s economy to resume growth in 2017

Macau’s economy to resume growth in 2017

Macau’s economy will resume growth in 2017, at a rate of 4.6 percent, after ending 2015 with a contraction of 23.0 percent and continuing in negative territory in 2016, with -2.7 percent, according with the most recent forecasts from the Economist Intelligence Unit (EIU). Gross fixed capital formation, or investment, which in 2014 recorded exceptional […]
Macau residents most dissatisfied with transport

Macau residents most dissatisfied with transport

An annual survey jointly conducted by the Macau Economic Association (AEM) and the Macau Polytechnic Institute (IPM) last month shows that residents are most dissatisfied with transport, followed by the cost of living, quality of life and the government. AEM President Joey Lao Chi Ngai said the survey asked 1,017 locals aged 18 and over […]