News

According to statistics released today by the Monetary Authority of Macao, funding costs of the local banking sector generally declined in the third quarter of 2021.
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The Smart Energy Research Group of the State Key Laboratory of Internet of Things for Smart City, University of Macau (UM), won an Award of Excellence and a Best Mentor award at the 2021 X-Game Shanghai New Energy Vehicle Big Data Competition.
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Professor Jao Tsung-I was an internationally renowned sinologist and had a close connection with Macao. In order to fully demonstrate his outstanding academic and artistic achievements, the Cultural Affairs Bureau founded the Jao Tsung-I Academy in 2015, showcasing his works and promoting Chinese culture and art. Located at No. 95C-D, Avenida do Conselheiro Ferreira de Almeida, Macao, the Jao Tsung-I Academy features exhibition rooms, a library, an auditorium, as well as a front yard and a backyard, with a permanent exhibition on the first floor to showcase the creative works by Professor Jao. A new exhibition of paintings and calligraphy by Professor Jao is currently in preparation, allowing the public to appreciate the sinologist’s masterpieces and appreciate the long history of Chinese culture.
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Organised by the Cultural Affairs Bureau (IC, from the Portuguese acronym), the Tap Siac Craft Market in autumn will continue to be held at Tap Siac Square from 26 to 28 November (Friday to Sunday), featuring a new round of cultural and creative brands. All are welcome to participate, appreciate music performances and enjoy the creative atmosphere while shopping for favourite cultural and creative products.
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Information from the Statistics and Census Service (DSEC) indicated that a total of 2,483 organisations were operating in the four core domains of cultural industries in Macao in 2020, namely 'Creative design', 'Cultural exhibitions & performances', 'Art collection' and 'Digital media'; the figure represented an increase of 28 year-on-year. Total number of persons engaged dropped by 13.4% to 11,862, and Compensation of Employees decreased by 4.8% to MOP 2.11 billion. Total Service Receipts of the cultural industries declined by 36.9% to MOP 5.0 billion. Gross Value Added that measures the sectoral contribution to the economy fell by 27.9% to MOP 2.14 billion, accounting for 1.1% of the total Gross Value Added of all economic activities in Macao in 2020, up by of 0.4 percentage points from 2019 (0.7%). Gross Fixed Capital Formation of the cultural industries slid by 35.7% to MOP 0.39 billion, ascribable to the sale of property and a decrease in the purchase of equipment by some organisations.
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Healthquarantine requirements and measures for inbound travellers of differentidentities.
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Crime enforcement statistics recorded in the first nine months of 2021 and published today show Macao remains a secure and safe city.
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In order to promote the development of the Cultured Greater Bay Area in the Guangdong-Hong Kong-Macao Greater Bay Area and further strengthen cooperation among the three regions, the Macao Museum, under the auspices of the Cultural Affairs Bureau, will hold the exhibition “A Tale of Three Cities: Guangdong-Hong Kong-Macao Greater Bay Area and Export of Silk Products in the Ming and Qing Dynasties” on the third floor of the Museum. The opening ceremony will be held on 26 November (Friday), at 6:30pm, at the lobby of the Macao Museum. The exhibition is open to the public from 27 November 2021 to 13 March 2022.
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