Economic and Business Information

2017-06-26

China, BVRio endeavour to curb trade in timber felled illegally

The BVRio Responsible Timber Exchange in Brazil and the Chinese authorities are jointly setting up a website that lets importers of tropical timber trace the origin of their purchases, with a view to curbing illegal logging, CGTN reports.

2017-06-23

Bank of Portugal says economic outlook for economy has improved

The central bank of Portugal has raised its long-term forecast for the country’s economic growth, Reuters reports.

2017-06-23

Delegation from Macao banks tours Europe to market yuan-clearing services

A delegation from the Macao Association of Banks has toured Portugal to promote the city’s yuan-clearing services and its role as a financial service platform between China and the Portuguese-speaking Countries, the Macao Daily News reports.

2017-06-23

Portugal-China Forum brings together more than 220 businesspeople in Lisbon

More than 220 businesspeople from Mainland China, Portugal and Macao have discussed cooperation in productive capacity between China and the Portuguese-speaking Countries in Lisbon this week.

2017-06-22

China to invest more into the training of youth in Mozambique

Beijing will boost its support of Mozambique’s youth by offering more scholarships to study in Chinese universities, the Government-run news agency Xinhua reports.

2017-06-22

Mainland China fund and Macao builder to help develop first private hospital in Cape Verde

Cape Verde’s first private hospital will be built in Praia by Macao’s Chinlumac Corporation Ltd. for healthcare company Figueiredo e Tavares, the Lusa news agency reports.

2017-06-22

Mozambique government approves construction of natural gas maritime terminal

Mozambique’s government will permit the construction of a liquefied natural gas terminal in Palma, in the country’s north, the Lusa news agency reports.

2017-06-21

Beijing funds a complete US$50-mln university campus in Cape Verde

Work to build a new University of Cape Verde campus – a project funded entirely by Mainland China – will start next month. It will be the biggest single project in the 40-year relationship between the two counties, Lusa reports.

2017-06-21

Portuguese officials plan for yuan-denominated bond issue but no date set for release

Portuguese officials have discussed the mechanics of a yuan-denominated bond issue with Chinese authorities but a date for the issue has yet to be confirmed, Reuters reports.

2017-06-20

Macao Film Festival signs cooperation agreement at Shanghai festival

The Organising Committee of the International Film Festival and Awards of Macao has marketed the SAR at the 20th Shanghai International Film Festival, the Tourism Bureau of Macao reports.

2017-06-20

China Road and Bridge on track to finish dredging Angolan port of Caio in 2020

China Road and Bridge Corp should complete its work on the Caio deepwater port in Angola’s Cabinda province by 2020, the Angop news agency reports.

2017-06-20

Hong Kong gets a taste for food from Portuguese-speaking Countries

Food from Portuguese-speaking Countries went on display in Hong Kong last week to improve that market’s awareness of high-quality exports, reports the Macao Trade and Investment Promotion Institute (IPIM).