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Mortgage loans statistics – May 2020

According to statistics released today by the Monetary Authority of Macao, new approvals of residential mortgage loans (RMLs) increased while those of commercial real estate loans (CRELs) decreased in May 2020. With regard to the outstanding balances, RMLs increased whereas CRELs witnessed a decline.


Government Information Bureau dedicated to transparency in dissemination of information

The Director of the Government Information Bureau, Ms Chan Lou, today said that the Government would adhere to the principle of ensuring transparency in dissemination of information, safeguarding further the public’s right-to-know.




CE: Boosting economy amid COVID-19 alert a key task for Macao

The Chief Executive, Mr Ho Iat Seng, today said boosting Macao’s economy was a key task for the Government, at a time when COVID-19 had been controlled locally.



IFTM students supporting green business

The Macao Institute for Tourism Studies (IFTM) continues its effort to support local small business during the Covid-19 pandemic via student projects. One of these projects began in January and proceeded via using virtual approaches to guide and lead students towards their learning. This student project helped a new startup called LESS IS MORE that offers environmental-friendly products to stimulate lifestyle change and healthier living in the city. The student project was part of the entrepreneurship course led by Dr Fernando Lourenço of IFTM to help LESS IS MORE to research and develop their strategic vision for the coming five years. Towards the end, full business plans were developed and a wide range of strategies and ideas offered by the students who participated in this project.




UM achieves breakthroughs in autonomous driving research

The University of Macau (UM) has achieved two major breakthroughs in autonomous driving research. A study at the university has provided new insights on autonomous driving under bad weather and complex road conditions while another study has developed new learning models that will be specifically applied to autonomous driving in Macao. The research results will be presented at two top annual conferences of artificial intelligence.


All information on this site is based on the official language of the Macao Special Administrative Region. The English version is the translation from the Chinese originals and is provided for reference only. If you find that some of the contents do not have an English version, please refer to the Traditional Chinese or Portuguese versions.