Economic and Business Information

2017-02-08

Brazil’s central bank plans sustainable reduction in lending spreads

The Central Bank of Brazil will work to reduce lending spreads with a view to lower interest rates overall, the Reuters news agency reports.

2017-02-08

Ranked by purchasing power, PwC says Mainland China is world’s No.1 economy

Mainland China continued to be the world’s biggest economy based on purchasing power parity in 2016, according to new research by professional services consultancy PricewaterhouseCoopers (PwC).

2017-02-08

Number of school students taking Portuguese jumps by 7 percent this year

The number of students enrolled in Portuguese classes in Macao’s primary and secondary schools has increased by about 7 percent this year, the Jornal Tribuna de Macau reports.

2017-02-07

Mainland attracts record level of overseas investment, topping US$139 bln

The Mainland was the world’s third biggest recipient of foreign direct investment (FDI) last year, state-run China Radio International reports.

2017-02-07

State Council rejigs development zone rules to attract more investment

The Mainland’s development zones will continue to be opened to attract foreign investors, Xinhua reported on Monday.

2017-02-07

Portugal sees room to improve ties in energy, tourism, maritime: Ambassador

Renewable energy, tourism and the maritime economy offer significant opportunities for closer co-operation between Mainland China and Portugal, according to Portuguese Ambassador to China Jorge Torres Pereira.

2017-02-06

Brazil will see moderate economic growth in first quarter, says finance minister

Brazil’s economy is expected to grow moderately in the first quarter of this year according to the country’s finance minister Henrique Meirelles, Xinhua reports.

2017-02-06

BNU sees growth in business linked to Portuguese-speaking world

The business of Macau-based Portuguese lender Banco Nacional Ultramarino (BNU) with clients related to Portuguese-speaking Countries registered a double-digit growth in 2016, Jornal Tribuna de Macau reports.

2017-02-06

Leiria polytechnic acknowledged for leading role in Sino-Portuguese co-operation

The Polytechnic of Leiria has been recognised by the Liga dos Chineses em Portugal for its work in building cultural ties. The association gave its Intercultural Relation Award to the polytechnic for developing co-operation with Mainland China.

2017-02-03

Angola’s central bank holds interest rates steady

The Angolan central bank has left the country’s key interest rate unchanged despite inflation reaching a 12-year high in December, the Macauhub website reports.

2017-02-03

Trade between Macao and Portuguese-speaking Countries up 11.5 pct last year

Trade between Macao and Portuguese-speaking Countries grew to 671.9 million patacas (US$84.1 million) last year – an increase of 11.5 percent over 2015 – according to the Macao Statistics and Census Service.

2017-02-03

China shows strong interest in Brazil: President Temer

Mainland organisations are investing in Brazilian infrastructure in “a big way”, Brazilian President Michel Temer told The Financial Times this week.