BrazilChina

Chinese company builds oil platform for Petrobras

A Chinese naval company BOMESC Offshore Engineering Co Ltd has announced that it will build a Brazilian state-owned oil platform platform Petrobras. BOMESC revealed on Monday that Petrobras has ordered a floating production, storage and transfer unit for the Búzios…
ChinaEconomy

Ho Iat Seng asks UM for results to help diversify the economy

The University of Macau (UM) has a responsibility to transform technological innovation into results that help diversify the economy. Message left yesterday by the Chief Executive at the joint meeting of the University Assembly and Council. Ho Iat Seng, who is also the…
EconomyMacao

Vaccine-only tourism in Macau

The normalization of tourism in Macau, which in 2019 received almost 40 million visitors, will only be possible with a vaccine for covid-19. “Many countries are currently testing possible vaccines. I hope that vaccines will help to give confidence to restart the…
EconomyMacao

Subsidized tourist itineraries will be extended

The Government announced today that it will increase the number of subsidized tourist routes from 15 to 25. This is the second phase of the “Vamos Macau” campaign, designed to boost tourism, one of the sectors most affected by the pandemic. The new offer was presented…
EconomyMacao

Only a third spent the total amount of the consumer card

As of Friday, only 205,000 residents have spent the entire 3,000 patacas on the consumer card, that is, less than a third of the 624,000 who have already withdrawn it. This is when there are two weeks to expire the validity of the consumption card. It is that if the 3000…
EconomyMacao

Macau visitors fell more than 90% in June to 22,500

750 was the average number of visitors that Macau received each day last month. In all, in June, 22556 visitors were registered, a number that reflects a drop of more than 90% compared to the same period last year, according to data released today by the Directorate of…
EconomyWorld

Japan with a trade deficit of 2.2 billion euros in June

Japan recorded a trade deficit of 268.8 million yen (2.2 billion euros) in June, the government said today. The negative balance is lower than the deficit in May, but contrasts with the surplus of 588.1 billion yen (4.8 billion euros) recorded in June 2019, according to…