News

The Monetary Authority of Macao (AMCM) raised the Base Rate of the Discount Window today (5 May 2022) by 50 basis points to 1.25%.
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According to statistics released today by the Monetary Authority of Macao, broad money supply continued to fall in March. Meanwhile, both resident deposits and loans decreased from a month earlier.
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The Novel Coronavirus Response and Coordination Centre announces (hereinafter referred to as the “Centre”) that starting from 00:00 on 8 May 2022, arrivals shall pay for the regular nucleic acid tests conducted during their time of medical observation at hotel. The individuals concerned should make an appointment for the nucleic acid tests in advance of their arrival/return to Macao, after securing a booking with the medical observation hotel.
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The Department of the Portuguese under the University of Macau (UM) Faculty of Arts and Humanities (FAH) recently held the Portuguese Language Day. The event aimed to increase students’ interest in Portuguese language and their understanding of the culture of Portuguese-speaking countries. This year’s event allowed students to engage in Portuguese language activities joining different performances.
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Curtains were lifted upon the Light up Macao Drone Gala 2022 (the “Drone Gala”) at Anim’Arte NAM VAN tonight (3 May). The guests attended the opening ceremony and enjoyed the first show themed as “Spring Rejoice”. 880 drones glittered upon the night sky and let the audience experience the beauty of spring in Macao.
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The University of Macau (UM) is committed to nurturing Chinese-Portuguese bilingual talent and has been offering a variety of courses for many years. One of these courses, the popular Portuguese Language Summer Course, will continue to be offered online this year between 11 July and 29 July. Students, teachers, translators, and those who are interested in the Portuguese language, aged 16 or above, are welcome to apply. The application deadline is 27 May.
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To better cope with the Macao MICE development under the impact of the epidemic, and to enhance the competitiveness and professional level of the MICE practitioners, Macao Trade and Investment Promotion Institute (IPIM) held the first online training session (webinar) of the year on 26^th April with the theme “Market Brief – Mainland China”. Industry experts and representatives were invited to share and exchange market trends with the participants, so as to keep them abreast of the new trends in the MICE market in Mainland China. The webinar attracted about 50 online participants from the local MICE industry, as well as teachers and students from local higher education institutions.
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The Municipal Affairs Bureau (IAM) is carrying out optimisation works of pavements and carriageways in Zona Nova de Aterros do Porto Exterior (NAPE area). Barrier-free facilities are added to improve pedestrian passage environment, and the green area of pavements is greatly expanded to enhance the comfort of walking. Meanwhile, to respond to public needs and avoid repeat excavations, the Transport Bureau (DSAT) suggested straightening and widening of a section of originally bent carriageway from Avenida Dr. Sun Yat-Sen to Rua Cidade de Sintra and adjusting positions of zebra crossings to further facilitate the dynamic flow of pedestrians and vehicles, enhance the traffic environment in the area and improve traffic safety. Recently, IAM and DSAT have introduced the optimisation proposal to the Consultative Committee on Municipal Affairs and the resident and business associations of that area. The construction works will be carried out in phases to reduce the impact on the public.
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