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Discreetness and Transparency Enhanced in the New Assessment Standard of Investment Project Recruitment for Guangdong-Macao Co-operation Industrial Park Representatives of Industries and Professional Sectors Join the Assessment Committee
From 31 Dec this year, Macao enterprises can apply for implementing investment projects in the Guangdong-Macao Co-operation Industrial Park. In the new recruitment phase, there will be no deadline for application and applications will be accepted until the total area of the Park has all been allocated. Eligible and Macao corporate body / natural person commercial entrepreneurs intending to invest in the Park can submit applications to the Macao Trade and Investment Promotion Institute pursuant to the “Application Guidelines on Intended Investment Projects in the Guangdong-Macao Co-operation Industrial Park on Hengqin Island”. The assessment will be carried out by the Assessment Committee for the Macao Projects for Hengqin Development, which composes of government officials from both Macao and Hengqin, representatives from industries and professional sectors. Qualified investments will be recommended to the Park by the Macao SAR Government.
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Consumer Council released specific price survey result on tissue papers, household cleansing products, and oral care products
Consumer Council conducted its specific price survey on tissue papers, household cleansing products, and oral care products on 28 December for the implementation of Section 2b), Article 10, Law 4/95/M of 12 June.
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DSEC releases the analysis report of statistical indicator system for moderate economic diversification of Macao and launches thematic webpage
The Statistics and Census Service (DSEC) released the 2017 Analysis Report of Statistical Indicator System for Moderate Economic Diversification of Macao and launched a thematic webpage that provides the latest available data of the indicator system to facilitate timely access to information regarding the economic diversification of Macao.
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Stamp Issuing Ceremony and Designer Autograph Session
Macao Post and Telecommunications Bureau will hold the stamp issuing ceremony of the stamp issue “Lunar Year of the Pig” at 10:30 a.m. on 5th January 2019, at the Lobby of the General Post Office, Largo do Senado, Macao.
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Invaluable insights offered by entrepreneurs and practitioners at IFT's entrepreneurship courses
The Institute for Tourism Studies has integrated entrepreneurship courses since 2015 into its bachelor degree programmes, namely Culinary Arts Management, Heritage Management, Hotel Management, Tourism Business Management, Tourism Event Management and Tourism Retail and Marketing Management. This fits the agenda set by the Macao SAR Government to stimulate the diversification of local economy as well as encourage innovation via entrepreneurship. The course instructor Dr. Fernando Lourenço developed the entrepreneurship courses aiming to expand the career perspectives of students and motivate them to start their own businesses. Dr. Lourenço also arranged guest talks and experience sharing by government officials, entrepreneurs and industry practitioners, namely Mr. Tai Kin Ip, Director of the Macao Economic Services (DSE), Mr. Gregory Kuong of Macao New Chinese Youth Association, Mr. Timonthy Leong of General Association of Chinese Students of Macau, Mr. Gary Chao of Bank of China and architect Mr. André Ritchie.
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Applications for the “2018 Support Programme for the Production of Feature Films” open from today
The applications for the “2018 Support Programme for the Production of Feature Films”, organized by the Cultural Affairs Bureau (IC), are now open until 10 February 2019. Local filmmakers and producers are welcome to apply. Successful applicants will each receive a financial support of up to two million patacas to produce a feature film.
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UM professor elected member of European Academy of Sciences and Arts and recognised as Global Highly Cited Researcher
Philip Chen, chair professor of the Faculty of Science and Technology, University of Macau (UM), received a formal letter from Dr Felix Unger, president of the European Academy of Sciences and Arts, who congratulates him on being elected a member of the European Academy of Sciences and Arts. In addition, Prof Chen has been recognised as a Global Highly Cited Researcher 2018 in the computer science category by Clarivate Analytics.
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The “3rd Macao Printmaking Triennial” presents a variety of international works
The “3rd Macao Printmaking Triennial”, organized by the Cultural Affairs Bureau, will showcase 175 winning and finalist works at different art venues from 28 December 2018 onwards, presenting the in-depth dialogues and collision of thoughts at this large-scale event of international printmaking art. All are welcome.
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Gross national income for 2017
Information from the Statistics and Census Service (DSEC) indicated that Gross National Income (GNI) at current prices amounted to MOP 372.96 billion in 2017, which was MOP 32.83 billion less than Gross Domestic Product (GDP) at current prices (MOP 405.79 billion), representing a net external factor income outflow of the same amount that was equivalent to 8.1% of GDP in 2017, slightly lower than the value (8.2%) registered in 2016. In 2017, per-capita GNI was MOP 574,668, as compared to per-capita GDP at MOP 625,254.
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Social Security Benefits and Allowances to Increase from January next year
According to the Executive Order No. 307/2018 published in the SAR’s Official Gazette, the amount of benefits and allowances for the social security system will be increased from 1 January 2019. The amounts after increase are as follows:
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