Economic and Business Information

2017-03-10

World Bank official says Mozambique has potential to ramp up growth

A representative of the World Bank in Mozambique thinks the country has a strong basis for faster economic growth this year, O País reports.

2017-03-10

Mainland China a big market for Brazilian shoemaking materials last year

China is the fifth main destination of Brazil’s exports of components for footwear and chemicals for leather, having imported such goods worth a total of nearly US$50 million in 2016, according to a statement by Brazil’s Trade and Investment Promotion Agency, known as Apex-Brasil.

2017-03-09

Value of China’s February exports grows 4.2 pct

The value of Chinese exports in renminbi was 4.2 percent higher in February than a year earlier, growing more slowly than exports the month before, Xinhua reports, without giving any figure for the value.

2017-03-09

Guinea-Bissau to ask China to give it broadcast equipment

The government of Guinea-Bissau will ask the Chinese government to give it cameras and other equipment for the public broadcaster Guinea-Bissau Television, Macauhub reports.

2017-03-09

Business park ‘open window’ to Portuguese-speaking Countries, official says

The business co-operation park that Macao and the province of Jiangsu are building in the Mainland Chinese city of Changzhou will welcome collaboration with the Portuguese-speaking Countries, Jornal Tribuna de Macau reports.

2017-03-08

Brazilian economy shrank 3.6 pct last year, but minister sees slump easing

Brazilian gross domestic product contracted by 3.6 percent last year, meaning the economy has been in recession for two years in a row, Bloomberg reports.

2017-03-08

Investment in Mozambique’s extraction industries to grow, says prime minister

Mozambique’s Prime Minister Carlos Agostinho do Rosário expects the investment in extraction industries to be greater this year than last, Notícias reports.

2017-03-08

Macao, Cape Verde aim to stress collaboration in cultural, creative industries

Macao and Cape Verde are willing to make co-operation in cultural and creative industries one of the main purposes of their relationship, the Macao SAR Government says.

2017-03-07

Mainland financial institutions lend Brazil a record US$15 bln last year

Financial institutions granted Brazilian borrowers around US$15 billion worth of loans last year, the most yet, Macauhub reports, citing a report by a policy analysis centre in the United States.

2017-03-07

Mainland official offers São Tomé and Príncipe vision of a ‘different future’

São Tomé and Príncipe can look forward to what a Mainland official has described as “a very different future,” Lusa reports.

2017-03-07

China says it’s open to accelerating its projects in Guinea-Bissau

A Mainland Chinese official has said his country is willing to speed up its investment projects in Guinea-Bissau, Macauhub reports.

2017-03-06

Beijing sets annual growth target at about 6.5 pct; lowest since 1992

Beijing has announced a target for economic growth of about 6.5 percent this year.