Macau GDP reduced by 67.8% in 2020Q2

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Last week, the Statistics and Census Service of Government of Macao SAR announced that the GDP of Macau in 2020 Q2 reduced by 67.8% year-on-year. Though Macau has exercised effective precaution to stop COVID-19 spread, the extreme measures also halted casinos running which highly rely on Chinese tourists. As we know, the gambling industry is … Read more

BUD Mainland – Support HK lawyers to practice in Greater Bay Area

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In the 21st meeting, the Standing Committee of the 13th National People’s Congress decided to authorize the State Council to execute a pilot programme in the nine Greater Bay Area (GBA) mainland cities (Guangzhou, Shenzhen, Zhuhai, Foshan, Dongguan, Zhongshan, Jiangmen, Huizhou, and Zhaoqing). The programme allows Hong Kong and Macau lawyers to practice in specific … Read more

BUD Fund FTA economies at a glance

International Trade

BUD Fund extended to the ASEAN in 2018, divided into “Mainland Programme” and “ASEAN Programme”. It furthered to all economies which signed a free trade agreement (FTA) with Hong Kong, and ASEAN Programme upgraded as “FTA Programme“. After signing “Closer Economic Partnership Arrangement” (CEPA) with mainland China, Hong Kong signed a FTA with 7 economies … Read more

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