News

The “China-Portuguese Speaking Countries Cooperation and Development Fund Promotion Session” – the first publicity campaign of the China-Portuguese Speaking Countries Cooperation and Development Fund (referred to hereafter as “CPDFund”) since its settlement in Macao – was held on 12 October at Lotus Room, 5^th Floor, World Trade Center Macau with an attendance of over 120 participants from government departments, industry and commerce associations and the public. This Promotion Session has helped to deepen the understanding among the industrial and commercial sectors in Macao and the public on the CPDFund, promoted bilateral cooperation in investment between China and Portuguese-speaking countries (PSCs), and further implemented the series of measures of the Central Government to support the development of Macao.
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The “China-Portuguese Speaking Countries Cooperation and Development Fund Promotion Session” – the first publicity campaign of the China-Portuguese Speaking Countries Cooperation and Development Fund (referred to hereafter as “CPDFund”) since its settlement in Macao – was held on 12 October at Lotus Room, 5^th Floor, World Trade Center Macau with an attendance of over 120 participants from government departments, industry and commerce associations and the public. This Promotion Session has helped to deepen the understanding among the industrial and commercial sectors in Macao and the public on the CPDFund, promoted bilateral cooperation in investment between China and Portuguese-speaking countries (PSCs), and further implemented the series of measures of the Central Government to support the development of Macao.
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Consumer Council conducted its first ‘Supermarket price survey’ in October on 13 October for the implementation of Section 2b), Article 10, Law 4/95/M of 12 June. Surveyed locations included supermarkets near Areia Preta, Mong Há and Avenida de Venceslau de Morais in N. Sra. de Fátima Parish.
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Organized by the Cultural Affairs Bureau, the exhibition “Affection for Lotus – Exhibition of Painting and Calligraphy for the 100^th Birthday of Jao Tsung-I” was inaugurated on Thursday, 12 October, at 3:30pm, at the Jao Tsung-I Academy. The opening ceremony was officiated by the President of the Cultural Affairs Bureau of the Macao S.A.R. Government, Leung Hio Ming; the Assistant of the Deputy Director of the Department of Culture and Education of the Liaison Office of the Central People’s Government in the Macao S.A.R., Shao Bin; the Deputy Director of Jao Tsung-I Petite Ecole of the University of Hong Kong, Tang Wai-hung; and the member of Jao Tsung-I Petite Ecole Fan Club, Lao Ngai Leong, and was attended by the Vice President of the Cultural Affairs Bureau of the Macao S.A.R. Government, Chan Peng Fai; the Head of the Division of Research and Publications, Wong Man Fai; the Director of the Macao Museum of Art, Chan Kai Chon; and the renowned Macao sculptor, Wong Ka Long.
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Information from the Statistics and Census Service (DSEC) indicated that a total of 217 establishments were engaging in Real Estate Management Services in 2016, an increase of 8 year-on-year. Number of persons engaged rose by 5.4% to 5,217; among them, 62.0% (3,236) were property caretakers/doorkeepers. Receipts of the industry amounted to MOP 1.39 billion, up by 8.0% year-on-year. Expenditure increased by 9.5% to MOP 1.12 billion, of which Compensation of Employees (MOP 589 million) and Operating Expenses (MOP 417 million) rose by 14.3% and 2.1% respectively. Gross Value Added that measures the sectoral contribution to the economy grew by 10.2% year-on-year to MOP 850 million and Gross Surplus went up by 2.1% to MOP 260 million. Meanwhile, Gross Fixed Capital Formation tumbled by 94.3% year-on-year to MOP 13.08 million on account of a reduction in acquisition of properties.
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Information from the Statistics and Census Service (DSEC) indicated that inward direct investment flows increased by 31.9% year-on-year to MOP 11.81 billion in 2016 as some banks and gaming enterprises retained their profits for reinvestment. Analysed by industry, inflows of direct investment were recorded in Banks & Securities (MOP 4.91 billion), Insurance (MOP 3.59 billion) and Construction (MOP 2.58 billion); meanwhile, inflow in the Gaming sector rose from a negative value (- MOP 6.02 billion) in 2015 to MOP 616 million in 2016. Analysed by country/territory of usual residence of direct investors, inward direct investment flows came mainly from Hong Kong (MOP 9.06 billion), Mainland China (MOP 4.87 billion) and the British Virgin Islands (MOP 2.52 billion), whereas the Cayman Islands continued to record a negative inflow (- MOP 10.04 billion).
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The Identification Services Bureau has received confirmation from the relevant authorities that holders of the Macao SAR Passport can get access to the following countries by means of an electronic visa (e-visa):
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The University of Macau (UM) today (12 October) held a talk on massive open online courses (MOOC). Dr Nie Fenghua,deputy director of the Ministry of Education Research Centre for Online Education,deputy secretary-general of Tsinghua University and director of the university’s Online Education Office,and board chairman of Beiing Muhua Information Technology, was the keynote speaker. During the talk, Nie discussed the current development and future trends of online education. At the same event, UM signed a collaboration agreement with Beijing Muhua Information Technology on the establishment of an online education platform.
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The University of Macau (UM) today (12 October) held a talk on massive open online courses (MOOC). Dr Nie Fenghua,deputy director of the Ministry of Education Research Centre for Online Education,deputy secretary-general of Tsinghua University and director of the university’s Online Education Office,and board chairman of Beiing Muhua Information Technology, was the keynote speaker. During the talk, Nie discussed the current development and future trends of online education. At the same event, UM signed a collaboration agreement with Beijing Muhua Information Technology on the establishment of an online education platform.
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The new issue of the Macao Higher Education Magazine - Special Edition has been published. Interested parties can obtain the magazines in specific government departments, public libraries, higher education institutions etc., or visit the website of the Tertiary Education Services Office (GAES) to read and download the magazine.
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