Macau’s tourism sector should connect with the surrounding areas, particularly Hong Kong and the mainland, to develop a multi-destination approach, United Nations World Tourism Organisation (UNWTO) Secretary-General Taleb Rifai said on Monday. Speaking to reporters after the opening ceremony of the Global Tourism Economy Forum at the Venetian in Cotai on Monday, Rifai commended Macau […]
Hong Kong
Macau and Hong Kong will soon start negotiations on a free trade agreement, namely the Hong Kong and Macau Closer Economic Partnership Arrangement (HK-Macau CEPA), according to the Hong Kong Special Administrative Region government’s press release announced on Friday. The new arrangement will cover elements including commitment to bind tariff at zero, minimizing non-tariff barriers, […]
Institute for Tourism Studies (IFT) President Fanny Vong Chuk Kwan suggested on Monday that instead of competing with Zhuhai and Hong Kong in the MICE sector, Macau should look to co-operate with the two cities to help the business grow in Macau. Vong made the remarks on the sidelines of the 3rd International Conference on […]
Efforts are well underway to create even closer economic ties between China (Guangdong) Pilot Free Trade Zone, and Hong Kong and Macau. “Cooperation with Hong Kong and Macau has always been what distinguishes Guangdong free trade zone from China’s three other free trade zones,” said He Li, deputy director of the Guangdong sub-administration of China […]
Secretary for Economy and Finance Lionel Leong Vai Tac has reacted coolly to his Hong Kong counterpart’s proposal to set up a tripartite platform involving Hong Kong, Macau and the mainland. Responding to Hong Kong Financial Secretary John Tsang Chun-wah’s suggestion on Wednesday that Hong Kong, Macau and the mainland should form a new economic […]
Guangdong is considering allowing yachts registered in Macau and Hong Kong to sail in the Pearl River Delta, state media has reported. If the province opens up its waters and marinas, industry insiders on the mainland expect a boost in yacht sales but are also concerned that smugglers could take advantage of the travel pass. […]
A free-trade zone destined for Guangdong will play a major role in deepening cooperation with Hong Kong and Macau, Xinhua news agency reported Monday. The State Council gave the go-ahead earlier this month for Guangdong, Tianjin and Fujian to set up free-trade zones in their jurisdictions, a little over a year after it gave green […]
MGM Macau CEO Grant Bowie said Wednesday that protestors backing Hong Kong’s “Occupy Central” movement should not impact the city’s economy while expressing their views. Bowie made the comment in response to a reporter’s question on whether the protests in Hong Kong has affected Macau. The TDM reporter mentioned in her question that the Hong […]
Hong Kong-Zhuhai-Macau Bridge Authority Executive Director Wei Dongqing said Wednesday that construction of the cross-delta bridge was proceeding as scheduled and expected to open to traffic at the end of 2016 as originally planned. Wei also said the authority had set up a working group to study how much to charge at the tolls and […]