News

The CCAC has received a complaint from the chairman and members of the Pearl Horizon Condominium Owners United Association, where they alleged that the SAR Government had breached its initial commitment that the Pearl Horizon parcel would be put out to public tender and that the replacement housing proposal put forward by the Government was unable to solve the problems concerning Pearl Horizon completely. They insisted taking over the properties according to the “original legal procedures, duty certificates and horizontal property records” and requested the CCAC to look into the matter.
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As part of the celebrations for the 20^th Anniversary of the Establishment of the Macao Special Administrative Region and the Macao International Fireworks Display Contest (“the Contest”) at its 30^th edition this year, Macao Government Tourism Office (MGTO) organized the first Seminar of Designing and Producing Fireworks as one of the new program highlights this year.
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Macao was one of the cities invited to showcase the example of UNESCO Creative Cities of Gastronomy at a panel during the first UNESCO World Forum on Food and Culture, held September 12 and 13, in Parma, Italy. The event brought together government officials, international organizations, representatives and experts from around the world to discuss about “Culture and Food: Innovative Strategies for Sustainable Development”.
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Information from the Statistics and Census Service (DSEC) indicated that total receipts of the gaming sector increased by 13.7% year-on-year to MOP304.71 billion. Receipts from Gaming & Related Services grew by 13.6% year-on-year to MOP304.18 billion, with receipts from gaming (MOP302.86 billion) rising by 13.6%, whereas those from food & beverage (MOP541 million) dropping by 4.6%. Interest receipts leapt by 258.3% year-on-year to MOP526 million, on account of an upsurge in deposits and loans granted by enterprises.
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The Monetary Authority of Macao announced today that the preliminary estimate of Macao SAR’s foreign exchange reserves amounted to MOP169.8 billion (USD21.02 billion) at the end of August 2019. The reserves increased by 1.7% from the revised value of MOP166.9 billion (USD20.71 billion) for the previous month. Macao SAR’s foreign exchange reserves at end-August 2019 represented 10 times the currency in circulation or 81.1% of pataca M2 at end-July 2019.
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Organizers of the Suncity Group 66^th Macau Grand Prix, which will be held from 14-17 November 2019, held a press conference today (September 12^th) at the Macau Tower Convention & Entertainment Centre to announce updates for this year’s event.
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This year marks the 30th anniversary of the University of Macau’s (UM) Faculty of Education (FED). Over the past 30 years, the faculty has produced many outstanding graduates for society and has earned international recognition for the quality programmes it offers. In the Times Higher Education World University Rankings by Subject, UM is ranked in the 201-250 bracket in Education. Wang Chuang, dean of the FED, says that UM will continue to nurture outstanding professionals as usual to promote education development in Macao.
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The fifth-term Chief Executive, Mr Ho Iat Seng, today said he would ensure continuing implementation in Macao of the “One country, two systems” principle, with the city’s own characteristics.
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This year marks the tenth anniversary of the University of Macau (UM) Honours College (HC). Over the past decade, the HC has nurtured many outstanding young leaders for society. To celebrate the tenth anniversary, the HC has organised a series of activities. The HC admitted 195 outstanding students from the 2019/2020 academic year.
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The Consumer Council conducted its ‘Supermarket price survey’ of the first-half of September on 12 September for the implementation of Section 2b), Article 10, Law 4/95/M of 12 June. Surveyed locations included 7 supermarkets in Taipa and Coloane Parish. Consumers may now check the report data on the Council’s website (www.consumer.gov.mo), the “Supermarket Price Information Platform” app, or the Council’s WeChat account.
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