News

Macao and Hong Kong today signed a Closer Economic Partnership Arrangement (CEPA) to advance liberalisation of trade and so create further favourable conditions for regional integration.
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Macao and Hong Kong today signed a Closer Economic Partnership Arrangement (CEPA) to advance liberalisation of trade and so create further favourable conditions for regional integration.
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Two subjects at the University of Macau (UM) Faculty of Science and Technology (FST) have entered the Times Higher Education (THE) World University Rankings 2018 by Subject. The subject of engineering and technology has been ranked between No 151 and No 175 in the world, while the subject of computer science has been ranked between No 176 and No 200 in the world. UM is the only higher education institution from Macao that has made it to the list in terms of these two subjects, which is testament to the growing international recognition of the FST’s academic and research achievements in recent years.
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The Guangdong-Hong Kong-Macau Greater Bay Area Forum on Regional Economy, Logistics and Tourism: Prospects and Opportunities, co-organised by the University of Macau (UM) Asia Pacific Academy of Economics and Management (APAEM) and Faculty of Business Administration (FBA), was held at UM today (27 October). The forum attracted more than 100 experts and scholars, UM faculty members and students, as well as members of the general public. The forum featured three sessions, which were focused on regional economy and logistics, investment, and tourism, respectively. During the expert panels, participants discussed how to deepen links among the three regions, how to develop the regions’ potential, and how to increase mutual development and collaboration within the area.
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The University of Macau (UM) English Debating Team and Public Speaking Team recently participated in the 2017 Public Speaking and Debating Contest for Universities from Shanghai, Hong Kong, and Macao, which was organised by Fudan University.
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The 44th WorldSkills Competition was held in the capital of United Arab Emirates, Abu Dhabi from 10^th to 19^th October. MPI students achieved splendid results. A year 3 student of Bachelor of Science in Computing, Fong Hok Kin won the Gold Prize in the category of Web Design and Development, which is the first gold ever for Macao in the Competition, whereas a year 2 student of Bachelor of Arts in Visual Art, Chio Weng Chong was awarded the Medallion of Excellence in Fashion Technology.
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Information from the Statistics and Census Service (DSEC) indicated that both the general unemployment rate (2.0%) and the unemployment rate of local residents (2.7%) for July-September 2017 remained stable as in the previous period (June-August 2017). The underemployment rate was 0.6%, up by 0.1 percentage point.
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Information from the Statistics and Census Service (DSEC) indicated that total merchandise export for September 2017 amounted to MOP1.02 billion, up by 24.6% year-on-year; value of re-exports (MOP835 million) increased by 41.9%, with that of Diamond & diamond jewellery surging by 288.5%; meanwhile, value of domestic exports (MOP188 million) slid by 19.3%, with that of Tobacco falling by 31.6%. Total merchandise import went up by 16.5% year-on-year to MOP7.23 billion, of which imports of Motor cars & motorcycles and Construction materials expanded by 72.8% and 41.7% respectively. Merchandise trade deficit in September amounted to MOP6.20 billion.
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Information from the Statistics and Census Service (DSEC) indicated that total merchandise export for September 2017 amounted to MOP1.02 billion, up by 24.6% year-on-year; value of re-exports (MOP835 million) increased by 41.9%, with that of Diamond & diamond jewellery surging by 288.5%; meanwhile, value of domestic exports (MOP188 million) slid by 19.3%, with that of Tobacco falling by 31.6%. Total merchandise import went up by 16.5% year-on-year to MOP7.23 billion, of which imports of Motor cars & motorcycles and Construction materials expanded by 72.8% and 41.7% respectively. Merchandise trade deficit in September amounted to MOP6.20 billion.
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Having noted the recent emergence of online lending platforms, the Monetary Authority of Macao (the “Authority”) hereby clarifies as follows:
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