News

Information from the Statistics and Census Service (DSEC) indicated that total merchandise export amounted to MOP906 million in October 2021, up by 14.5% year-on-year. Value of re-exports (MOP741 million) grew by 8.6%, with that of Perfumes and Beauty, cosmetic & skincare products jumping by 645.2% and 218.8% respectively. Value of domestic exports (MOP166 million) increased by 51.3%, with that of Garments and Copper & articles thereof rising by 56.3% and 42.3% respectively. Meanwhile, total merchandise import went down by 7.8% year-on-year to MOP10.63 billion; imports of Beauty, cosmetic & skincare products, Construction materials and Perfumes declined by 37.3%, 24.7% and 20.5% respectively, whereas imports of Mobile phones and Articles for casino leapt by 163.4% and 99.6% respectively. Merchandise trade deficit in October 2021 totalled MOP9.73 billion.
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The Statistics and Census Service (DSEC) released results of the Survey on Manpower Needs and Wages for the third quarter of 2021. Survey coverage for this quarter comprises Manufacturing; Electricity, Gas & Water Supply; Hotels; Restaurants; Child-care and Elderly Care. As affected by the pandemic of novel coronavirus pneumonia, the average earnings of full-time employees in September last year were notably dragged down as a number of employees in some industries were placed on unpaid leave. Due to the low base of comparison, the average earnings in September this year generally increased.
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The 2021 Guangdong & Macao Branded Products Fair (2021GMBPF), jointly organised by the Macao Trade and Investment Promotion Institute (IPIM) and the Department of Commerce of Guangdong Province, concluded successfully on Sunday (28 November). This year’s GMBPF was rich in content and bustling with excitement, attracting nearly 400 enterprises. More than 90 online and offline business meetings were arranged, with 21 projects signed. There were more than one million live views and replay views in the three days.
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The 2021 Guangdong & Macao Branded Products Fair (2021GMBPF) offers a wide range of attractions, with a focus on technology elements. The event creates both online and offline communication platform for exhibitors, while promoting tourism and food products from Guangdong and Macao to rejuvenate the economy during the pandemic.
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A suspect surnamed Chau and others have been asked to accompany police officials of the Macao Special Administrative Region (MSAR), in order to assist with an investigation in relation to previously-gathered evidence.
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【DST】“Macao Week in Chongqing”
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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, presents 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”. The opening ceremony was held on 26 November, at the lobby of the Macao Museum, and was officiated by the President of the Cultural Affairs Bureau of the Macao SAR Government, Mok Ian Ian; the Deputy Director of the Department of Publicity and Culture of the Liaison Office of the Central People's Government in the Macao SAR, Yin Rutao; the 2^nd Class Inspector of the Department of Culture and Tourism of Guangdong Province, Zhou Xianhua; the Director of the Guangdong Museum, Xiao Haiming; the Deputy General Manager of the Bank of China Macau Branch, Chan Hio Peng; the Assistant to the Chief Executive Officer of Air Macau Company Limited, Wen Dexin; and the Director of the Macao Museum, Lou Ho Ian. The Secretary for Home Affairs Bureau of the Hong Kong SAR Government, Tsui Ying Wai, also participated in the opening ceremony via video. The exhibition is held until 13 March 2022. All are welcome to visit.
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In order to introduce more industries and projects in Macao for its moderate economic diversification, the Macao Trade and Investment Promotion Institute (IPIM) has been constantly enhancing investment promotion in recent years on aspects such as strengthening the synergy between MICE and commerce and trade sectors, increasing the application of electronic technology, improving the Investor’s One-stop Service, and pro-actively publicising Macao’s business environment and advantages. With these efforts, IPIM strives to amplify investment promotion effectiveness, uphold the goal of making Macao an ideal place where investors can quickly launch and effectively maintain businesses and enhance the moderate diversification of economic growth.
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