The 24th Macao International Trade and Investment Fair (MIF)
Date: 17 to 19 October 2019 “The 24th Macao International Trade and Investment Fair” is organised by the Macao Trade and Investment Promotion Institute (IPIM), and co-organised by 15 economic and commercial authorities and trade associa-tions from Macao, Hong Kong and Mainland China. MIF is the first local exhibition awarded by the Global Association of the Exhibition Industry (UFI) and is one of the most reputable annual interna-tional economic and trade events in Macao. Under the theme “Coopera-tion – Key to Business Opportunities”, MIF leverages on Macao’s ad-vantages as a “World Centre of Tourism and Leisure” and a “Commercial and Trade Cooperation Service Platform between China and Portuguese-speaking Countries”, as well as the opportunities and vibe arising from the city’s diversified economic development. The MIF aims at assisting its par-ticipants in searching for partnership and creating opportunities for business start-up, development and transformation. It offers exhibition, fo-rum/conference and business matching sessions, and various activities on-site. For enquiries, please contact MIF Coordinators Administration and Service Centre at +853 2882 8711, subscribe “MIFMacau” on WeChat or visit the official MIF website: www.mif.com.mo. |
2019 Portuguese-speaking Countries Products and Services Exhibition (Macao) (2019PLPEX)
Date: 17 to 19 October 2019 To continuously strengthen Macao’s role as a platform for Commercial and Trade Co-operation between China and Portuguese-speaking Countries, the 2019 PLPEX continues to offer incentive schemes enabling enterprises from the food product industry and other industries of Portuguese-speaking Countries to fully utilise Macao’s channel and platforms to explore busi-ness opportunities and stimulate the role of “going global” to explore mar-kets and “bring in investment”. 2019PLPEX will again be held concurrently with 24th MIF. |
2019 Macao-Zhuhai Business Executive Summit
Date: 21 October 2019 The “2019 Macao-Zhuhai Business Executive Summit” aims to promote the thorough implementation of the guidelines and instructions provided by the General Secretary of the Communist Party of China Central Committee, Mr Xi Jinping, during his inspection tour of Guangdong, which included Zhuhai. The event aims to contribute to the implementation of the “Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area”, and to encourage business executives respectively from Macao and Zhuhai to take an active role in the development of the Greater Bay Area. In addition, the summit also aims to contribute to Macao’s economic diversification and to promote integration with national development. This year, the “Macao-Zhuhai Business Executive Summit” takes as its theme “Working together to support the development of emerging industries, jointly advancing the Greater Bay Area dream”. The goal is to help participants seize the significant opportunities brought by the development of the Greater Bay Area, and stimulate the entrepreneurial spirit of business executives in, respectively, Macao and Zhuhai. The summit aims to contribute to a shared business co-operation platform based on five areas: youth-related innovation; featured financial services; cross-border commerce; culture-related tourism and conventions; and professional services. The event will – through promotion of open dialogue, economic and trade visits, and other channels – help push forward business co-operation, contributing to the advancement of the Greater Bay Area dream. |
The 126th China Import and Export Fair (phase one)
Date: 15 to 19 October 2019 China Import and Export Fair, also known as the “Canton Fair”, was established in 1957. Collaboratively-hosted by the Ministry of Commerce of the People's Republic of China and the People’s Government of Guangdong Province and coordinated by China Foreign Trade Centre, the fair is held every spring and autumn in Guangzhou. |
2019 Hong Kong Eco Expo Asia
Date: 30 October to 2 November 2019 Eco Expo Asia is a global trade platform for the environment protection industry that showcases the latest green products, equipment and state-of-the art technology. Co-organised by the Environment Bureau, the Expo provides B2G and B2B opportunities for the green industry with the strong support from Hong Kong, Mainland China, international government authorities and industry associations. |
Small and medium-sized enterprise credit statistics - First half of 2019
(Source: Monetary Authority of Macao)
According to statistics released by the Monetary Authority of Macao on 12 August, newly approved small and medium-sized enterprise (SME) credit continued to expand in the first half of 2019. Concurrently, the outstanding balance of SME loans also registered growth and the share of SME loans to major industries remained stable.
The proportion of international business in the local banking sector retreated in the second quarter of 2019
(Source: Monetary Authority of Macao)
According to the statistics released by the Monetary Authority of Macao on 15 August, the proportion of international business in the local banking sec-tor retreated in the second quarter of 2019. At end-June 2019, the share of international assets in total banking assets decreased to 85.9% from 86.3% at end-March 2019, while the share of international liabilities in total bank-ing liabilities fell to 82.1% from 82.2%.
Non-local currencies continued to be the dominant denomination in interna-tional banking transactions. At end-June 2019, both the shares of the pataca in total international assets and total international liabilities were 0.8%. The Hong Kong dollar, the US dollar, the renminbi and other foreign currencies accounted for 39.2%, 45.8%, 9.6% and 4.5% of total internation-al assets as well as 45.8%, 43.9%, 6.1% and 3.5% of total international lia-bilities respectively.
Exhibitors Information October Exhibitors Information 10 |
Facilitation Services for Commercial Registration in Nine Cities of Guangdong-Hong Kong-Macao Greater Bay Area In order to encourage Macao enterprises to invest in cities in the Greater Bay Area by optimising the commercial registration procedures of the Guangdong-Hong Kong-Macao Greater Bay Area for Macao enterprises, the Macao Trade and Investment Promotion Institute (IPIM) inked an co-operation agreement with the Guangdong Market Supervision & Admin-istration Bureau to roll out the Facilitation Services for Commercial Regis-tration in Nine Cities of Guangdong-Hong Kong-Macao Greater Bay Area, which assist Macao enterprises and citizens in completing commercial reg-istration for investing or starting up business in the nine Mainland cities of the Greater Bay Area, namely Guangzhou, Shenzhen, Zhuhai, Foshan, Hui-zhou, Dongguan, Zhongshan, Jiangmen, Zhaoqing. |
Online Business Matching Service Platform Macao Trade and Investment Promotion Institute’s (IPIM) brand new Online Business Matching Service Platform is now available for local and overseas entrepreneurs to enjoy self-service business matching and ease of expanding their markets. Through this open-source platform, registered users will be able to participate in the business matching sessions in the exhibitions and events organised by IPIM. Furthermore, users will be able to advertise or search for collaboration projects, screen interesting projects, and pre-arrange meetings with interested parties and generate a preliminary meetings schedule. Visit the platform and sign up now. Website: http://bm.ipim.gov.mo/ |
Success Story Banbu International Company Limited |
Investors from Banbu International Company Limited are established by Macau young entrepreneurs who aim at introducing quality living groceries from all over the world in Macao, including food, stationery and cleaning products. With the assistance of IPIM’s Investor’s “One-stop Service”, the investors established the company in June 2018 and opened their first daily necessities store "Banbu Concept Store" in Areia Preta Area. In order to have a better storage environment that accommodates a great variety of goods, they opened the second store at Avenida de Sidónio Pais few months later, use as storefront and storage dual purpose. At present, they are selling 3,000 to 4,000 kinds of products and will continue to provide quality and price-balanced shopping options to consumers. |
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