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Foreign exchange reserves and nominal effective exchange rate index for the pataca – November 2018
The Monetary Authority of Macao announced today that the preliminary estimate of Macao SAR’s foreign exchange reserves amounted to MOP158.9 billion (USD19.72 billion) at the end of November 2018. The reserves increased by 0.3% from the revised value of MOP158.4 billion (USD19.61 billion) for the previous month. Macao SAR’s foreign exchange reserves at end-November 2018 represented 10 times the currency in circulation or 81.1% of pataca M2 at end-October 2018.
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Consumer Council released its latest ‘Supermarket price survey’ Surveyed spots included 12 supermarkets in Santo António Parish
Consumer Council conducted its latest ‘Supermarket price survey’ on 13 December for the implementation of Section 2b), Article 10, Law 4/95/M of 12 June. Surveyed locations included supermarkets near Horte e Costa, Avenida do Ouvidor Arriaga and Rua da Emenda areas in Santo António Parish.
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CE reviews progress of Jiangsu-Macao Cooperation Park in Changzhou
The Macao Special Administrative Region Government is looking forward to working closely with authorities in Jiangsu Province and with the Changzhou Government, to outline the next phase of work relating to the Jiangsu-Macao Cooperation Park.
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Exhibition “The Shanghai School of Painting – Collections of the Palace Museum” opens in mid-December at the Macao Museum of Art Registrations for seminar now open
The Macao Museum of Art (MAM), under the auspices of the Cultural Affairs Bureau, holds the exhibition “The Shanghai School of Painting – Collections of the Palace Museum” with an opening ceremony on 18 December 2018 (Tuesday), on the 4th floor of MAM. In order to enhance the public’s knowledge of the Shanghai School of Painting, Xu Tong from the Department of Paintings and Calligraphy of the Palace Museum was specially invited to present a seminar prior to the exhibition on 16 December (Sunday). Admission is free and all are welcome to register.
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Additional 1,700 Macao-registered vehicles to be allowed into Hengqin
An additional 1,700 Macao-registered motor vehicles will be permitted to enter Hengqin Island in Zhuhai Prefecture, marking an aggregate quota of 2,500 vehicles so licensed under a cross-boundary scheme.
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Secretary for Economy and Finance Leong Vai Tac meets with a delegation from Chia Tai Group
The Secretary for Economy and Finance of the Macao SAR Government, Leong Vai Tac, met several days ago with a delegation led by Senior Vice-Chairman of Chia Tai Group and Chairman of the CP Pharmaceutical Group, Xie Bing having both sides discussed and exchanged in-depth views in respect of strengthening Macao’s adequate economic diversification.
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