FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,
The government has projected gross gaming revenues (GGR) of MOP240 billion for 2025, an increase of approximately 11% compared to the current year’s budget estimate of MOP216 billion.
Micro Connect (H.K) Investments Limited made waves in the financial sector yesterday with the launch of its innovative market operating structure, the Micro Star, under the Micro Connect
In the News Guangdong, Hong Kong, Macau and Shenzhen signed, in Hong Kong, a memorandum (MoU) on tax cooperation, the Financial Services Bureau (DSF) has announced
Treasurer Jim Chalmers will this week become the first Australian government minister in that key economic role to visit China in seven years, in the latest sign that
The prototype of Macau’s digital currency (e-MOP) will be revealed before year-end, the Chief Executive (CE), Ho Iat Seng, said yesterday morning during the opening ceremony
The expanded use of China’s RMB currency and strengthened financial trading infrastructure will be central to visions of taking economic bonds between China and Portuguese-speaking
Macau and Hong Kong have both followed the U.S. Federal Reserve by reducing their interest rates to 5.25%, a decrease of 50 basis points.
Monetary authorities in Macau and Hong Kong have announced a bond linkage that will allow investors from both regions to trade bonds seamlessly.This significant development was
AGTech Holdings Limited has announced the acquisition of a controlling stake in Ant Bank (Macao), a digital banking unit of Ant Group, for MOP243 million (approximately
The Monetary Authority of Macao (AMCM) has announced a remarkable current account surplus of MOP 136.7 billion for 2023, highlighting a strong recovery in travel service exports.
In a move to further integrate the Guangdong-Hong Kong-Macau Greater Bay Area, Guangdong’s Department of Finance plans to issue offshore yuan-denominated bonds worth up to 2.5
China ratcheted up its effort to reinvigorate its economy yesterday by cutting a key policy rate and interest paid on bank deposits. The move coincided with
The Professional Accountants Committee (CPC) has launched a public consultation on revising the territory’s accounting standards to align with the latest International Financial Reporting Standards
The Industrial and Commercial Bank of China, Macau (ICBC Macau) and Bank of China, Macau (BOC Macau) have been recognized as the top banking institutions
WeBank Co, Ltd (WeBank), a world leading digital bank founded in Shenzhen, has established its technology company headquarters in Hong Kong earlier this week.
The MPay mobile app has achieved exceptional penetration among Macau’s local population, with its registered user base representing over 90% of the city’s residents. Based
Japan's central bank raised its benchmark interest rate yesterday for the first time in 17 years, ending a longstanding policy of negative rates meant to boost
The automated inter-bank credit inquiry platform does not refuse applications that have all required documents, the Monetary Authority of Macao (AMCM) has told lawmaker Ron Lam.
Regional investment and financing firm Micro Connect has released a new set of protocols to introduce a new market standard for micro and small business financing,
Lawmaker Ip Sio Kai wants the local bond market to be less institutional and more open to the general public and specific investors, he said yesterday
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