News

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In order to facilitate senior citizens to withdraw the funds allocated by the government, on 1^st August this year, the Social Security Fund (abbreviated to FSS in Macao) will introduce a new measure － “Registration for Automatic Withdrawal of Funds for the Non-Mandatory Central Provident Fund System Special Allocation from Budget Surplus” (hereinafter referred to as “Automatic Withdrawal of Funds”). Account owners who are at least 65 years of age and are currently receiving old-age or disability pension from the FSS can register for automatic withdrawal of funds at the same time they apply for fund withdrawal. Starting from the year that immediately follows the year of registration, as long as there is fund allocation in the year concerned and the account owner also meets the relevant requirements, the funds of the year and all the income will be automatically deposited into the bank account where the account owner receives old-age or disability pension. The senior citizen does not need to apply for fund withdrawal every year.
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The Consumer Council conducted its ‘Supermarket price survey’ of the second-half of July on 25 July for the implementation of Section 2b), Article 10, Law 4/95/M of 12 June. Surveyed locations included 10 supermarkets in Santo António 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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The Macao Cultural Centre, under the auspices of the Cultural Affairs Bureau, presents Dust to Dust, a new local theatre production to be presented in three shows at CCM’s Small Auditorium, running from September 20 to 22 (Friday to Sunday).
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The Macao Public Library of the Cultural Affairs Bureau launches the 19^th issue of the magazine Books and the City, now available to the public. This is the time of the year when graduates are seeking jobs, therefore this issue is themed “Job-seeking Tips”, featuring interviews with human resources professionals and international business etiquette instructors, who introduce various job-seeking skills and recommend a number of useful books to fresh graduates and job-seekers.
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Under the theme of “Brand Expansion Continues, Business Opportunities to Be Seized”, the Macao Franchise Expo 2019 (2019MFE) will be held at the Venetian Macao from July 26 to 28, attracting 180 branded enterprises from Macao and the rest of the world. The 2019MFE is jointly organised by the Macao Trade and Investment Promotion Institute, the Macao International Brand Enterprise Commercial Association, the Macau Chain Stores & Franchise Association, the Brazilian Franchise Association, the Association of Chain and Franchise Promotion, Taiwan, and the Licensing and Franchising Association of Hong Kong, and is supported by the China Chain Store & Franchise Association and the Japan Franchise Association. Reaching the 11^th edition this year, the MFE continues progressing steadily. In particular, in November 2018, the MFE had the honor of becoming the first franchise expo in Greater China that is acknowledged by the Global Association of the Exhibition Industry (UFI). The internationalisation, professionalism, and brand operation of the MFE have been comprehensively recognised, which further motivates the MFE to become a better platform that helps enterprises expand their businesses.
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The “Forum on Chain and Franchise Business Opportunities of International Brands”, one of the highlights of the Macao Franchise Expo 2019 (2019MFE), will be held at the Naples Room of the Venetian Macao at 3pm on 26 July.
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A visit to Hebei Province by a delegation of young Macao people not only presented a great opportunity for participants to get information on the nation’s latest developments in various fields, but it also illustrated the Macao Special Administrative Region (SAR) Government’s support for Macao youth to engage further in national development efforts.
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