Economic and Business Information

2017-03-20

Cape Verde officially opens first casino, the US$5.4-mln Casino Royal

Cape Verde’s first casino was inaugurated last week on the island of Sal, A Semana reports.

2017-03-20

Mainland investment in Mozambique is worth about US$6 billion in total

Mainland investment in Mozambique has reached almost US$6 billion in cumulative terms, Macauhub reports.

2017-03-20

Angolan signs two agreements with Chinese financial institutions

The Angolan government has arranged finance for two projects with Chinese financial institutions, news agency Angop reported.

2017-03-17

Macao launches scheme to promote study of languages outside the city

The Macao Government will launch a subsidy scheme to encourage graduates to study languages outside the city, Macao’s Tertiary Education Services Office says.

2017-03-17

Number of Chinese tourists to Portugal rises 19 pct in past year

The number of Mainland visitors to Portugal increased by 19 percent year-on-year to 183,000 people last year, Público reports.

2017-03-17

Mainland hopes to expand co-operation efforts with Cape Verde, says Ambassador Du

Beijing is eager to further its co-operation efforts with Cape Verde in the maritime economy, energy and tourism sectors, the Inforpress news agency reports.

2017-03-16

Cape Verde economy grew 3.5 pct last year, showing positive trend, says govt

The economy of Cape Verde grew by 3.5 percent last year, more than doubling the 1.5 percent growth recorded in 2015, the Macauhub website reports.

2017-03-16

Mainland to welcome international talent and technology, says Premier Li

Chinese Premier Li Keqiang says the Mainland will keep its doors open to talent and ideas from around the world, the Government-run news agency Xinhua reports.

2017-03-16

Portuguese-Chinese consortium wins rail, port contract in Mozambique

A Portuguese-Chinese consortium has been awarded a contract to build a railway in Mozambique between the inland mining centre of Moatize and the coastal city of Macuse, Portuguese newspaper Expresso reports.

2017-03-15

Cape Verde applies for Executive Council seat at World Tourism Organization

Cape Verde has applied for a seat in the UN World Tourism Organization (UNWTO) Executive Council, A Semana reports.

2017-03-15

Mainland Chinese companies abroad employ about 1.5 million overseas workers last year

Mainland companies abroad employed about 1.5 million foreign staff members last year, Xinhua reports. The government-run news agency quotes Chinese Minister of Commerce Zhong Shan, who made the comments at the annual session of the National People’s Congress.

2017-03-15

Leong Vai Tac says Central Government can help Macao stage events to spur business

The Macao Secretary for Economy and Finance, Leong Vai Tac, who is also a Macao deputy in the Chinese National People’s Congress, has said the Central Government can help Macao put on exhibitions meant to generate business between China and the Portuguese-speaking Countries, the Macao Daily News reports.