The MSAR government is committed to optimizing the business environment, revitalizing the community economy, and continuously taking various measures through cross sectors to help Macao enterprises improve their soft and hard strength, broaden their industrial base, and support the sustainable development of various industries.

With the global economic and financial environment becoming increasingly complex, members of the Regional Comprehensive Economic Partnership (RCEP) need to enhance cooperation to promote the economic recovery and safeguard financial stability, officials and economists suggested on Tuesday at the ongoing 2022 Financial Street Forum in Beijing.

The global Covid-19 pandemic has changed the future of business in many ways. One of the more positive consequences has been the creation of a more vibrant environment for start‑ups. The number of start‑ups in Hong Kong reached a record high of 3,755 in 2021.

A key delegate at Singapore International Water Week 2022 – a five‑day event for the global water industry to share best practices, showcase technologies and explore solutions – highlighted the urgent nature of the water‑related challenges facing the world. Dechen Tsering, Regional Director and Representative for Asia and the Pacific on the United Nations Environment Programme, said: “We don’t have decades for something that is put into a legally binding instrument to roll down to society. These amazing innovations, these amazing technologies, this amazing finance – it’s not happening fast enough, and we don’t have enough time.”

A statement issued on Thursday, 13 October 2022 by the German Financial Stability Committee (FSC) declared that while German financial institutions were well capitalised overall, they should prepare for a significantly altered risk situation. In its statement, the FSC set out its views on the weakening of the economic environment, heightened risks and safeguarding the resilience of the German financial sector.