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IFTM students support green business
The Macao Institute for Tourism Studies continues its effort to bring greater relevance to students’ learning by establishing industrial projects to serve local entrepreneurs, SMEs and businesses. This mode of learning helps to create better relationship between higher education and the industry to generate mutual benefit.
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IC announces the list of entrants for the second review of the “7th Subsidy Programme for Fashion Design on Sample Making”
The Cultural Affairs Bureau (IC, from its Portuguese acronym) has recently completed the initial review of the “7th Subsidy Programme for Fashion Design on Sample Making”. A total of 19 entries were received, and the adjudicating panel selected 15 entries for the second review. Each candidate eligible for the second review will be granted a subsidy up to a maximum amount of MOP170,000 to cover expenses for sample making and production of promotional materials.
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Mortgage loans statistics – September 2019
According to statistics released today by the Monetary Authority of Macao, new approvals of residential mortgage loans (RMLs) and commercial real estate loans (CRELs) both decreased in September 2019. With regard to the outstanding balances, both RMLs and CRELs witnessed increases.
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Results of wholesale and retail survey 2018
Information from the Statistics and Census Service indicated that a total of 15,551 wholesale & retail establishments, market stalls and fixed street stalls were operating in 2018, an increase of 494 year-on-year. Total number of persons engaged rose by 2.1% to 71,030, with employees accounting for 82.3% of the total. Receipts of Wholesale & Retail Trade amounted to MOP 129.42 billion, up by 6.0% year-on-year. Expenditure grew by 7.9% to MOP 117.51 billion, of which Purchase of Goods & Commission Paid, Compensation of Employees and Operating Expenses recorded respective growth of 9.5%, 6.2% and 1.9%. Gross Surplus totalled MOP 14.07 billion, up by 16.3% year-on-year. Gross Value Added that measures the sectoral contribution to the economy went up by 11.6% to MOP 25.13 billion, and Gross Fixed Capital Formation rose by 6.0% to MOP 2.06 billion.
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Consumer Council released 3rd supermarket price survey report of the current month
The Consumer Council conducted its ‘Supermarket price survey’ of the first-half of November on 11 November 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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