News

Each annual edition of the Macao International Environmental Co-operation Forum & Exhibition (MIECF) invites a renowned expert to deliver a keynote speech. Achim Steiner, a former Executive Director of the United Nations Environment Programme (UNEP) and former Under-Secretary General of the UN, will be the keynote speaker of the “Green Forum” at the 2017MIECF. The MIECF event will take place very soon. Mr Steiner now serves as International Vice-Chair of the China Council for International Cooperation on Environment and Development (CCICED).
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Each annual edition of the Macao International Environmental Co-operation Forum & Exhibition (MIECF) invites a renowned expert to deliver a keynote speech. Achim Steiner, a former Executive Director of the United Nations Environment Programme (UNEP) and former Under-Secretary General of the UN, will be the keynote speaker of the “Green Forum” at the 2017MIECF. The MIECF event will take place very soon. Mr Steiner now serves as International Vice-Chair of the China Council for International Cooperation on Environment and Development (CCICED).
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The “35^thMacao Young Musicians Competition”, organized by the Cultural Affairs Bureau, will be held between 22 July and 3 August in designated venues in Macao. Applications are open from 20 to 26 March. The deadline for applications is 26 March, at 7pm. All interested parties may complete the online registration and submit documents and registration fee in the designated period of time.
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Consumer Council conducted its latest ‘Supermarket price survey’ in March on 21 March for the implementation of Section 2b), Article 10, Law 4/95/M of 12 June. Surveyed locations included supermarkets at Lam Mau, Patane and San Kio areas in Santo António Parish.
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The 49^thSession of Codex Committee on Food Additives (CCFA) commences in Macao today (March 21). Over 260 representatives from 50 member countries, 1 member organisation (European Union) and 32 international organisations participated in the session this year. It is the first time that the session is held in Macao since China has started serving as the host country of CCFA.
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As of the end of 2016, total assets of the Macao SAR Fiscal Reserve stood at MOP438.7 billion approximately, comprising MOP132.8 billion of Basic Reserve and MOP305.9 billion of Excess Reserve. Under an effective and prudent investment strategy, the Fiscal Reserve recorded a total investment income of MOP3.31 billion for 2016. The income represented an annual return of 0.8% in 2016, a slight increase compare to the 0.7% of 2015. The size of the Fiscal Reserve, nevertheless, grew 27% over the year.
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As of the end of 2016, total assets of the Macao SAR Fiscal Reserve stood at MOP438.7 billion approximately, comprising MOP132.8 billion of Basic Reserve and MOP305.9 billion of Excess Reserve. Under an effective and prudent investment strategy, the Fiscal Reserve recorded a total investment income of MOP3.31 billion for 2016. The income represented an annual return of 0.8% in 2016, a slight increase compare to the 0.7% of 2015. The size of the Fiscal Reserve, nevertheless, grew 27% over the year.
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For the implementation of Section 2b), Article 10, Law 4/95/M of 12 June, Consumer Council on 21 March collects prices of fresh pork from wet markets and supermarkets for consumers’ reference. The mentioned data collected during 15 March to 21 March are used for comparing the average selling price of the same products from Zhuhai. The relevant data has been uploaded to the Council’s website for consumers’ reference.
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The Consumer Council, together with Macao Government Tourism Office (DST), and Civic and Municipal Affairs Bureau (IACM), met with two associations of the food and beverage industry earlier to discuss about the services of local F&B industry, especially on enhancing the transparency of food price list. The associations agree with the suggestion given, and will disseminate the information to its members to abide by the laws to safeguard consumer rights.
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Information from the Statistics and Census Service (DSEC) indicated that the Composite CPI in February 2017 increased by 0.37% year-on-year to 108.79, driven by dearer charges for eating out, higher rentals for parking spaces, rising prices of gasoline and motor cars, as well as increases in tuition fees and out-patient service charges. The year-on-year growth in February 2017 eased significantly from January 2017 (+1.76%) since the Lunar New Year took place in February last year. This high base of comparison led to notable year-on-year decreases in package tour charges and vegetable prices, which are easily affected by seasonal factors; moreover, lower rentals for dwellings also contributed to the slowdown in growth.
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