One of organisers of the annual car, yacht and business aviation exhibitions said on Wednesday that the city’s economic downturn would certainly affect the fair’s sales, adding that the exhibitions would focus on promoting exchanges among exhibitors this year. According to a statement of the exhibitions’ organisers, the 6th China (Macau) International Automobile Exposition, 6th China […]
Business
The 21st Macau International Trade and Investment Fair (MIF) announced on Tuesday that it will have a partner country and a partner city for the first time, which will be Portugal and Beijing respectively. The annual event, once again themed “Co-operation – Key to Business Opportunities”, will be held from tomorrow until Saturday at the Venetian in Cotai. There will be around 1,600 […]
Chief Executive Chui Sai On said Friday at the 2016 Pan-Pearl River Delta (PPRD) Regional Cooperation Chief Executive Joint Conference in Nanchang, Jiangxi province that Macau will integrate development with its unique advantages, to fully support PPRD cooperation and innovative development, and will promote the “Belt and Road” initiative. Speaking at the conference, Chief Executive Chui Sai […]
The 21st edition of the Macau International Fair (MIF), taking place from 20 to 22 October, will have the participation of over 50 countries and regions showcased at over 1,600 stands, said the fair’s organising body, the Macau Institute for Trade and Investment Promotion (IPIM). Based on the theme of “Cooperation – The Key to […]
Vice Minister of Commerce Gao Yan said on Wednesday that entrepreneurs from China and Portuguese-speaking countries (PSCs) would use a newly-set up federation as a platform to deepen bilateral trade and investment. Gao made the remarks in a speech at the 5th Ministerial Conference of the Forum for Economic and Trade Co-operation between China and […]
The headquarters of the US$1 billion fund for investment in Portuguese-speaking countries announced by China in 2013 will be transferred from Beijing to Macau to facilitate contact with potential interested parties, the President of the Fund said on Wednesday in Macau. The information was provided to Portuguese news agency Lusa by the president of the […]
Macau’s gross domestic product will drop 4.7 per cent in real terms this year, the International Monetary Fund (IMF) predicts in its World Economic Outlook October 2016. The Macau Post Daily received the report from the Washington-based lender on Wednesday. In its April outlook, the fund had still forecast a negative GDP growth of 7.2 […]
Ian Coughlan was appointed as president of Wynn Macau, replacing Gamal Abdelaziz, who resigned, the Las Vegas-based company said Friday in a filing. Coughlan will be responsible for all operations and development at the Wynn Palace, as well as the Wynn Macau resort, the company said. The Palace opened on Aug. 22, and the part […]
Macau casino gaming revenue grew for the second straight month in September according to statistics released on Saturday from Macau’s Gaming Inspection and Coordination Bureau (DICJ). The figures released by the DICJ showed gross gaming revenue hitting MOP 18.4 billion (US $2.3 billion) in September, up 7.4 per cent from the same month last year. That followed […]