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Bolstering of ties for reciprocal economic development: Macao-Portugal Joint Committee
The latest Macao-Portugal Joint Committee meeting, held in Lisbon, Portugal, concluded with consensus on the topic of fostering bilateral cooperation, including in economic and trade matters and Portuguese-language education. This was so that the two parties could achieve further reciprocal economic development.
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Consumer Council attended Consumers International Summit 2019 in Portugal
Mr. Casimiro de Jesus Pinto, consultant of the Office of the Secretary for Economy and Finance of the Macao SAR Government, together with representatives of Macao Consumer Council attended Consumers International Summit 2019 in Portugal and participated in meetings and seminars during the Summit.
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Foreign exchange reserves and nominal effective exchange rate index for the pataca – April 2019
The Monetary Authority of Macao announced today that the preliminary estimate of Macao SAR’s foreign exchange reserves amounted to MOP164.7 billion (USD20.39 billion) at the end of April 2019. The reserves increased by 0.9% from the revised value of MOP163.3 billion (USD20.19 billion) for the previous month. Macao SAR’s foreign exchange reserves at end-April 2019 represented 10 times the currency in circulation or 80.5% of pataca M2 at end-March 2019.
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Macao Helps Traditional Chinese Medicine Enterprises to Access European and African Markets at the Business Matching Forum of the 2019 Traditional Medicine International Development Forum (2019 TMIF Euro-Africa)
On the occasion of the “2019 Traditional Medicine International Development Forum (Euro-Africa)”, a Business Matching session was held in Lisbon, Portugal in that afternoon. Present at the event were representatives from government departments, experts in traditional medicine, representatives from business and trade sectors, and distributors, totalling 120 participants, coming from Macao, Mainland China, the European Union, and African countries. At the event, the discussions were focused on the current situation, market features, cases of international trade and registration, and relevant regulations of Traditional Medicine, food supplements, and health products in European and African countries and regions.
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