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Tourist price index (TPI) for the 2nd quarter of 2019
Information from the Statistics and Census Service (DSEC) indicated that the Tourist Price Index (TPI) for the second quarter of 2019 dropped by 1.39% year-on-year to 128.06. The decrease was mainly attributable to lower charges for hotel accommodation and falling prices of handbags and ladies’ clothing; yet, dearer prices of local food products and rising charges for restaurant services offset part of the decrease. Among the various sections of goods and services, price indices of Accommodation and Clothing & Footwear fell by 8.39% and 3.00% respectively year-on-year, whereas the indices of Food, Alcoholic Beverages & Tobacco (+2.84%) and Entertainment & Cultural Activities (+2.70%) saw increases.
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The Institute for Tourism Studies ranks high in 2019 ShanghaiRanking's Global Ranking of Academic Subjects
In the newly-released 2019 ShanghaiRanking'sGlobal Ranking of Academic Subjects, the Institute for Tourism Studies takes the first place among universities in Macao, the 3rd in the Greater China Region, the 5th in Asia and the 30th globally in terms of the subject “Hospitality and Tourism Management”. The Institute regards the rankings this year as recognition for its academic achievements. It will continue to support academic research and improve the quality of education and academic research.
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CE: Mainland visits by young people offer them comprehensive understanding of national development
The Chief Executive, Mr Chui Sai On, said today that visits to mainland provinces by Macao’s young people were opportunities for them better to grasp – in a comprehensive and intensive way – the latest aspects of national development.
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