Economic and Business Information

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.

2017-03-06

Mainland China will continue on path towards opening up, says Xi Jinping

Mainland China will maintain its policy of opening up, continual liberalisation and of facilitating trade and investment, President Xi Jinping said yesterday.

2017-03-06

Macao, Portugal launch school twinning programme in new boost to co-operation

Macao and Portugal will create a network among secondary schools that develops bilateral co-operation in education and cultural exchange, the Portuguese Language and Education Sub-committee of the Macao-Portugal Joint Committee has said.

2017-03-03

For fourth year in a row, China creates 13 mln urban jobs

Mainland China created jobs for city-dwellers at the rate of more than 13 million a year in the past four years, even though economic growth has moderated, Xinhua reports.

2017-03-03

Macao, Portuguese funds agree on scientific, technological co-operation

The heads of the Macao Science and Technology Development Fund (FDCT) and the Portuguese Fundação para a Ciência e a Tecnologia (FCT) have signed a co-operation agreement, the FDCT says.

2017-03-03

Pan-Pearl River Delta delegation to visit Brazil, Portugal

Some 50 representatives of the Pan-Pearl River Delta region, assembled by the Macao Trade and Investment Promotion Institute (IPIM), will visit Brazil and Portugal from March 5 to 12, the institute says.