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UM professor receives Best Reviewer Award
Lawrence Fong Hoc Nang, an assistant professor of international integrated resort management from the Faculty of Business Administration, University of Macau (UM), received the Best Reviewer Award at the 16th Asia-Pacific CHRIE (ApacCHRIE) Conference. The award aims to motivate reviewers to deliver reviews on conference papers in a professional and efficient manner.
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Credit card statistics –2nd quarter 2018
According to statistics released today by the Monetary Authority of Macao, the total number of personal credit cards issued by banks in Macao continued to rise in the second quarter of 2018. Both the credit card turnover and total repayments witnessed double-digit growth from a year ago.
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AMCM reiterates virtual currencies are not legal tenders Public is urged to be vigilant against potential fraud
Monetary Authority of Macao (hereafter “AMCM”) reiterates that virtual currencies are virtual commodities which are neither legal tenders nor financial instruments. The public should remain vigilant that virtual currencies might involve fraud, or might even be used for illegal activities.
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Related bills on new Municipal Affairs Bureau ready by 2019
The Secretary for Administration and Justice, Ms Chan Hoi Fan, said today the Government had almost completed drafting the set of legislative bills associated with the establishment of the new Municipal Affairs Bureau.
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Ticket sales for the 32nd Macao International Music Festival satisfactory on the first day of sales
The tickets for the 32nd Macao International Music Festival (MIMF), organized by the Cultural Affairs Bureau (IC), went on sale on 5 August (Sunday). Interested members of the public waited at different ticket offices to purchase tickets. Over 5,000 tickets were sold by 7:00pm on the first day of ticket sales, and the percentage of the ticket sales for most of the shows were more than 50 %.
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Company statistics for the 2nd quarter of 2018
Information from the Statistics and Census Service (DSEC) indicated that a total of 1,720 new companies were incorporated in the second quarter of 2018, an increase of 491 year-on-year. Total value of registered capital was decreased by 97.0% to MOP221 million, due to the incorporation of a fund company with a large capital in the same quarter last year. Analysed by industry, there were 556 newly incorporated companies operating in Wholesale & Retail Trade and 505 in Business Services. Companies in dissolution totalled 169 in the second quarter, and the value of registered capital of companies in dissolution amounted to MOP50 million.
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