Economic and Business Information

2017-05-26

Tourism boosts Mozambique’s conservation and anti-poaching efforts

Tourism development in in Mozambique’s nature conservation areas has generated increased revenues, with a significant portion used to fight poaching, Lusa reports.

2017-05-26

Portuguese Secretary of State to visit Mainland China, Macao next week

Portuguese Secretary of State for Industry João Vasconcelos will visit Mainland China and Macao next week, the Macao Business Daily reports.

2017-05-26

US$20-billion Chinese-backed fund to build Brazilian industry starts next week

The US$20-billion Brazil/China Cooperation Fund for the Expansion of Productive Capacity starts operating next week, according to the Brazilian government.

2017-05-25

‘All New’ theme unveiled for Portuguese tourism congress in Macao

“Tourism: In the East, all new!” is the theme for the 43rd National Congress of Portugal Association of Travel and Tourism Agencies (APAVT) to be held in Macao in November.

2017-05-25

Portuguese economy to grow by more than 2 pct this year, says Finance Minister

Portugal’s economy will exceed the official growth forecast of 1.8 percent this year, Finance Minister Mario Centeno told Reuters yesterday.

2017-05-25

Mainland banks stay at the top of Forbes’ list of biggest public companies

Two Beijing banks remain at the top of the Forbes magazine ranking of the 2,000 biggest publicly owned companies. The Industrial and Commercial Bank of China (ICBC) and China Construction Bank retained the first two positions in the list released by the magazine.

2017-05-24

Angola’s exports of oil to the Mainland soar by 15 pct last month

Angola was the Mainland’s second-biggest oil supplier last month after its exports rose to 1.114 million barrels a day, Reuters reports.

2017-05-24

Chongqing seminar and carnival promotes Portuguese-speaking Countries

The Macao Trade and Investment Promotion Institute (IPIM) held twin activities to promote trade cooperation between Mainland China and the Portuguese-speaking Countries last weekend.

2017-05-24

Foreign Minister Wang pledges greater co-operation with Africa on Belt and Road

Beijing is willing to strengthen cooperation with African countries through the Belt and Road initiative, Xinhua reports.

2017-05-23

Brazil’s economy forecast to swing to growth, says central bank

An index that predicts Gross Domestic Product has forecast the end of Brazil’s recession in the first quarter of this year, the Government-run Xinhua news agency reports.

2017-05-23

Think tank says China’s economy grows at 6.8pct in second quarter

The State Information Centre of China expects the country’s economy to expand by 6.8 percent in the second quarter of this year, Reuters reports.

2017-05-23

Angola to grow 2.3pct this year, says African Economic Outlook report

The Angolan economy will grow by 2.3 percent this year and 3.2 percent next year, according to the African Economic Outlook report released yesterday.