FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,
A report from Global Finance Magazine on the “Richest Countries in the World 2023” revealed that Macau’s per capita purchasing power this year dropped nearly 30% compared to
A Dubai-based British hedge fund trader sought by Danish authorities for allegedly orchestrating a $1.7 billion tax fraud, considered one of the largest in the Scandinavian country, has
A new type of bank license with a restricted scope of business may be issued under the updated laws for the financial system, the Monetary Authority of Macao
China's leaders are expected to search for ways to mend the country’s fractured property market, create jobs for millions of unemployed youths and spur faster growth
In a statement released on the update, the Monetary Authority of Macao (AMCM) noted that the new phase of the Easy Transfer function will be rolled out
China's Ministry of Finance said it will issue a sovereign bond of RMB5 billion yuan in Macau on September 20, a move considered to support
The People’s Government of Guangdong Province will issue offshore bonds for the third consecutive year, the local government has announced. According to a government
The next phase of the local Easy Transfer service shall see instant transfer of HKD, the Monetary Authority of Macao (AMCM) has announced on its
The Hong Kong dollar-renminbi Dual Counter Model was launched at a time when the strategic importance of Chinese yuan currency in terms of fund flow, liquidity
Hong Kong-listed Yuexiu Real Estate Investment Trust’s RMB 1.5 billion unsecured bond was listed on the China (Macau) Financial Assets Exchange Co., Ltd. (MOX), being the
The Monetary Authority of Macao (AMCM) has adjusted the benchmark interest rate to 5% (+0.25%), AMCM noted in a press statement. This is the highest
The Asian region has continued to occupy the largest share of Macau residents’ external portfolio investments at 53.8%. The rest was mainly placed in the North
As Bank of China (BOC) opens a subsidiary in Macau next Monday, certain services will be briefly suspended to cope with the transformation, bank executives
A legislative bill to expand the number of permitted financial institutions in the city is on its way to the parliament, the Executive Council (ExCo) announced
The Bank of England said yesterday that it will launch a temporary government bond-buying program to stave off “material risk to U.K. financial stability” after
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