The first phase of the agreement with Alibaba for the development of the MSAR as a ‘Smart City’ will cost MOP200 million until 2019, with the cloud centre to be constructed on government premises
Starting from zero, local company Cube Technology stepped into the complicated sector of real estate. Exploring a sector relatively void of technology ten years ago, they found a business model that is proving to be a success. We talk to Kaman Chan, manager and main shareholder of the company.
The firm kicked off works for dismantling the over-100-metre high chimney of its power plant on Avenida de Venceslau de Morais, with the area expected to be decommissioned, de-contaminated and demolished by the third quarter of 2018
‘Regional Collaboration Towards a Better Future’ is the theme for this year’s edition of the Global Tourism Economy Forum (GTEF), the organisers announced in a press release. In its 6th edition, the GTEF will be held from October 16 to...
A survey reveals that stored value cards are the preferred method for e-payments for 67 per cent of MSAR respondents
The amount of approved credit limit by local banks for SME’s went up by 26.8 per cent year-on-year to MOP12.61 billion in the first half of this year
Another chapter in the development of intellectual property rights’ co-operation on a trans-regional basis is set to take place at the end of the month in Zhuhai
The group is ‘actively looking for a tenant’ for the six-storey ‘Yellow House’ near the Ruins of St. Paul’s
As of June 30, Banco Nacional Ultramarino registered net profits of MOP320.9 million, a 15.2 per cent year-on-year increase, while Novo Banco Ásia registered losses of MOP5.5 million
Local entrepreneurs seeking funding via gov’t scheme will need to provide proof of at least 42 hours training in business administration or related field. While broadening the scope of funding disbursal, the gov’t announced it will also increase oversight. Including penalties for non-repayment, and simplification of application.
Chinese BYD Company Ltd. has signed two separate agreements with Chong Ou Direct Bus Services Limited and gaming operator Galaxy Entertainment Group that could see around 25 electric buses hit local streets in the next four to six months
The local bureau overseeing intellectual property matters - Macao Economic Services - is reaching out to Guangdong, Hong Kong, and Hengqin to enhance regional IP co-operation
The government disbursed MOP64.6 million in subsidies through its SME and Young Entrepreneur aid schemes in July, the largest amount granted in one month so far this year
Dairy Farm’s sales slightly lower in H1, but profits up, helped by Macau and Hong Kong markets
The number of personal credit cards in circulation in June increased 12.3 per cent year-on-year, totalling an average of two cards per person in the city
The MSAR came a step closer to the future thanks to the signing of the Framework Agreement of Strategic Cooperation on Smart City Development with the Alibaba Group on Friday. The agreement will apparently provide the city with the most advanced technology in fields like health and transport, and will have a very important impact on its economic structure and development.
The incorporation of a single large fund capital company led to a 5,104 per cent year-on-year spike in the total value of registered capital in the second quarter of this year to MOP7.3 billion
Victor Cui, CEO of ONE Championship
The mixed-used complex being developed in Hengqin with funding from companies controlled by Ng Lap Seng’s son and daughter saw several contracts signed this week for space usage
The sale of its half stake in South Korean integrated resort Jeju Shinhwa World allowed Genting Singapore PLC to pocket a net profit of S$382.9 million in the first half of this year