FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,
HSBC Holdings reported a first-quarter pre-tax profit of USD9.4 billion on Tuesday, falling short of analyst expectations as the bank grappled with unexpected credit charges
Macau banks increased lending to small and medium-sized enterprises (SMEs) in 2025, supported by a gradual economic recovery and easing interest rates, according to new data
More than one-third of banks cite weak credit profiles as the leading reason for rejecting small and medium-sized enterprise (SME) loan applications, according to the
Macau recorded a 10% increase in suspicious transaction reports in the first quarter of 2026, as authorities warn that rapid growth in virtual assets, digital
The Hong Kong Monetary Authority (HKMA) and the Monetary Authority of Macao (AMCM) held a meeting yesterday to enhance financial collaboration, signing a revised memorandum of
Banks in Macau posted operating earnings of nearly MOP7.34 billion in 2025, a 93% year-on-year jump from MOP3.8 billion recorded in 2024, according to the Monetary
Macau's debt securities under custody have surpassed MOP110 billion ($13.7 billion), Acting Monetary Authority of Macao president Simon Vong Sin Man revealed Wednesday during the
Local banks reported strong profits in the first 11 months of 2025, reaching MOP7.958 billion, up nearly 43% from MOP5.573 billion over the same period
Following the expansion of the RMB/MOP swap agreement between the People’s Bank of China and the Monetary Authority of Macau (AMCM) to RMB50 billion (MOP57 billion), the
The government is updating its finance rules so it can switch to a new all-digital system for handling public money. The Executive Council announced
Taxpayers can now settle their tax obligations online through the “Macau Tax” app, “One Account,” and the “Business Portal,” as the Financial Services Bureau expands its
Banco Nacional Ultramarino (BNU) reported a 29% decline in net profit for the first nine months of 2025, with unaudited figures showing earnings of MOP315.3 million
The Monetary Authority of Macau (AMCM) has announced that the development of the city’s digital currency system, known as e-MOP, is nearing completion and is expected to be
HSBC Asia Pacific announced yesterday its plan to take Hong Kong’s Hang Seng Bank private in a deal valued at HKD106.1 billion (USD13.63 billion). This
Moody's Ratings has lowered its outlook for SJM Holdings Limited, becoming the second major ratings agency to do so this month. Citing concerns over the
The Monetary Authority of Macau (AMCM) reported that by the end of July, 962 bonds valued at MOP995.6 million had been issued or listed in Macau, stating
The Monetary Authority of Macao (AMCM) issued a statement yesterday announcing the first issuance of municipal government bonds by the Shenzhen Government in Macau. The announcement
The People’s Government of Guangdong Province has issued RMB2.5 billion in offshore RMB-denominated municipal government bonds on Tuesday. This issuance marks the fifth consecutive year since
Chongwa (Macao) Financial Asset Exchange Co., Ltd. (MOX) and Dongxing Securities Co., Ltd. recently signed a framework business cooperation agreement at the Beijing Financial Street Center, marking
The Monetary Authority of Macao (AMCM) confirmed that the Guangdong government will issue offshore RMB-denominated municipal government bonds in Macau late this month. According
Two senior overseas executives of Bank of China Ltd. (BOC) have become unreachable, with one reportedly detained by anti-corruption authorities, according to Caixin Global. This
China's Ministry of Finance listed RMB 6 billion worth of government bonds on the Chongwa (Macao) Financial Asset Exchange (MOX) yesterday. This marks the fifth consecutive year that
The local government and the Bank of China recently signed a cooperation agreement to enhance banking services in Macau. The signing took place at
The city’s gaming revenue for the first half of 2025 reached MOP45.40 billion, marking a slight increase of 0.9% compared to MOP44.99 billion during the same period
The local banking and real estate sectors are cautiously optimistic following a record-breaking refinancing deal by Hong Kong’s New World Development (NWD), a move seen as a
U.S.-based Citigroup has announced that the Citibank Macau branch will officially close today. However, it will still offer services to its Macau customers through its Hong
Out of 202 active investment projects, 49 reported a 0% execution rate in the first quarter of 2025, according to the Legislative Assembly’s Follow-up Committee for
The Monetary Authority of Macao (AMCM) has announced that the preliminary estimate of Macau’s foreign exchange reserves stood at MOP236.3 billion (approximately USD29.26 billion) as of
The Public Assets Supervision and Administration Bureau (DSGAP) has published a report that grades the performance of publicly owned companies in 2024. According to the
The Chief Executive, Sam Hou Fai, issued a directive on May 14 for preparing the fiscal year 2026 budget, but it did not impose specific restrictions on
The Macau Monetary Authority (AMCM) is currently implementing the prototype system for the “Digital Macau Pataca” (e-MOP) in phases, with the Secretary for Economy and
The Bank of England kept its main U.K. interest rate unchanged at 4.50% yesterday even though the economy is barely growing and the nation faces more
The number and value of local mobile payment transactions grew quarterly in the fourth quarter (Q4) of 2024, according to statistics released by the Monetary Authority of
The Hong Kong Monetary Authority (HKMA) and the Monetary Authority of Macao (AMCM) announced yesterday that they have launched a direct linkage between their respective bond
The local banking sector has continued on an escalation of non-performing loans over the year of 2024, with November hitting the highest level in 20
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