Business

Expo business in Macao gradually makes comeback

At Thursday's opening ceremony of the International Environmental Crisis Management Forum and Exhibition (IECMF), Macao Trade and Investment Promotion Institute (IPIM) President Benson Lau Wai Meng said in a speech that Macao’s expo business was gradually making a comeback.

20 Nov, 2020

Melco launches ‘Made-in-Macao’ initiative to support local SMEs

Melco Resorts and Entertainment has launched a “Made-in-Macao” initiative to support local small and medium-sized enterprises (SMEs) by promoting new local production and manufacturing industries.

19 Nov, 2020

Entrepreneur Joe Liu supports the importation of qualified foreign professionals

Liu said that restrictions on "blue cards" are not the best way to protect local workers, not least because "if it is well managed" competition is positive.

16 Nov, 2020

Sands to hold 4-day ‘mega brand sales’ this month

Sands will hold a “Sands Mega Brand Sale” offering up to 90 per cent discount on over 200 international brands on 26-29 November.

13 Nov, 2020

2nd sci-tech & innovation forum to be held next year

The International Science, Technology and Innovation Forum (ISTIF) of the Boao Forum for Asia (BFA) will be held in Macao again next year, BFA Secretary General Li Baodong, a former foreign minister, said on Wednesday, adding that a science technology expo will take place concurrently.

12 Nov, 2020

Macao aims to become platform for high-level international sci-tech exchanges

By making full use of the advantages of connecting and integrating the East and the West, “Macao will strive to craft a platform for high-level international scientific and technological exchanges and co-operation, one that is in high-level convergence of international modern service industries, Edmund Ho Hau Wah, vice-chairman of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC), said on Tuesday.

11 Nov, 2020

Forum attracts overseas sci-tech experts to discuss ‘frontier issues’

The first conference of the International Science, Technology and Innovation Forum (ISTIF) of the Boao Forum of Asia (BFA) attracted a lot of overseas sci-tech experts because a lot of “frontier issues” in the global technology field would be discussed.

11 Nov, 2020

HK-Macao office vice chief raises 7 aspects for Macao’s sci-tech innovation

Hong Kong and Macau Affairs Office of the State Council Vice Director Zhang Xiaoming urged Macau to strengthen its role in the nation’s development strategy in science and technology innovation.

11 Nov, 2020

Xi sends congratulatory letter to int’l forum on science, technology and innovation

Chinese President Xi Jinping on Tuesday sent a congratulatory letter to the opening of the first conference of the International Forum on Science, Technology and Innovation (ISTIF) of the Boao Forum for Asia (BFA).

10 Nov, 2020

Greater Bay Area to leverage 5G in transforming smart city cluster

The Guangdong Hong Kong-Macao Greater Bay Area (GBA), with a well-established 5G industry chain, could well grow into the world's leading smart city cluster.

10 Nov, 2020

Carrie Lam to arrive for two-day visit Monday

Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor will arrive in Macao Monday afternoon for a two-day working visit.

8 Nov, 2020

Wynn Palace revenues fall 97.4% in Q3

The operating revenues of Wynn Palace in Cotai fell 97.4% year-on-year to US$15.7 million (MOP 125.3 million) in the third quarter of this year

7 Nov, 2020

CSEL associate inks Portuguese farming deal

Monte do Pasto Group, a company that is part of Macao-based business group CESL Asia, has signed a partnership agreement with Innoliva, a Portuguese company owned up by Cibus Fund, to develop a sustainable regional agricultural project, according to statement jointly issued by Monte do Pasto and Innoliva.

3 Nov, 2020

Macao casino GGR rises 228.8% in October

Macao casinos' gross gaming revenue rose 228.8% from MOP 2.21 billion in September to MOP 7.27 billion (US$910.9 million) last month.

1 Nov, 2020

Government expects casinos to earn US$16.25 billion in 2021

The Macao government expects the local casino industry to generate MOP 130 billion (US$16.25 billion) in gross gaming revenue next year.

31 Oct, 2020

MGM China net revenues fall 94% in Q3, expecting gradual recovery

Macao gaming operator MGM China announced Friday that its net revenues decreased by 94% year-on-year to US$47 million in the third quarter.

31 Oct, 2020

MIF, MFE & PLEPEX sign over 100 deals in 3 days

The 25th MIF, 2020MFE and 2020PLPEX ended on Saturday, and the three-day exhibitions resulted in the signing of over 100 contracts.

27 Oct, 2020

Property price index dips 0.3% in June-Aug

Macao's overall residential property price index for June-August dipped by 0.3% over the previous survey period (May-July) to 268.0.

23 Oct, 2020

3 use false documents to apply for investment residency scheme

The Commission Against Corruption (CCAC) said in a statement on Thursday that it has detected three cases involving the use of false documents to apply for residency through the government’s qualified investment scheme. 

23 Oct, 2020

MIF, MFE, PLPEX triple event signs 52 deals on 1st day

The 25th Macao International Trade and Investment Fair (MIF), Macao Franchise Expo 2020 (MFE) and 2020 Portuguese Speaking Countries Products and Services Exhibition (Macao) (PLPEX), which are running concurrently, started on Thursday, and 52 contracts were signed on the first day.

23 Oct, 2020