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News
Forum on ‘one country, two systems’ policy to be held at UM next week
In celebration of the 75th anniversary of the founding of the People’s Republic of China and the 25th anniversary of the establishment of the Macao SAR, the University of Macau (UM) and the Policy Research and Regional Development Bureau of the Macao SAR will jointly hold a forum on the ‘one country, two systems’ policy on 21 and 22 October. The aim of the forum is to review the successful implementation of the ‘one country, two systems’ policy in Macao and to explore the future development of the city.
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Foreign exchange reserves and nominal effective exchange rate index for the pataca – September 2024
The Monetary Authority of Macao announced today (15 October) that the preliminary estimate of Macao SAR’s foreign exchange reserves amounted to MOP230.6 billion (USD28.81 billion) at the end of September 2024. The reserves increased by 0.8% from the revised value of MOP228.9 billion (USD28.50 billion) for the previous month. Macao SAR’s foreign exchange reserves at end-September 2024 represented 11 times the currency in circulation or 91.2% of pataca M2 at end-August 2024.
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National Art Troupes Performance Season in Macao presents Fujian Liyuan Opera and performances by the China National Opera House
Organised by the Ministry of Culture and Tourism of China and the Secretariat for Social Affairs and Culture of the Macao SAR Government, four performances as part of the National Art Troupes Performance Season in Macao 2024 will be staged between 22 and 31 October at the Macao Cultural Centre, including Liyuan Opera new production The Scholar and the Widow presented by the Fujian Liyuan Opera Inheritance Centre and the Golden Lotus Blossoms Concerts Series presented by the China National Opera House, allowing the audiences in Macao to enjoy a national musical feast. Tickets for the concerts are now on sale through the Macau Ticketing Network.
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[Celebrating two anniversaries] 29th MIF and 2024MFE to kick off on 16 October with four new features
29th MIF and 2024MFE to kick off on 16 October, 2024!
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Tourist price index (TPI) for the 3rd quarter of 2024
Information from the Statistics and Census Service (DSEC) indicated that the Tourist Price Index (TPI) for the third quarter of 2024 went up by 4.29% year-on-year to 147.22. Among the various sections of goods and services, price index of Miscellaneous Goods rose by 13.68% year-on-year due to dearer prices of jewellery, and the indices of Clothing & Footwear (+6.14%), Accommodation (+3.52%) and Restaurant Services (+3.52%) also increased. Meanwhile, the index of Entertainment & Cultural Activities dropped by 13.33%.
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CE: Full cooperation with Chief Executive-elect Sam Hou Fai for smooth transition to new governmental team
The Chief Executive, Mr Ho Iat Seng, today met with the Chief Executive-elect, Mr Sam Hou Fai. The two agreed to keep in close touch and cooperate fully, in order to ensure a smooth transition to a new administration.
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Commemorative postmark cancellation service of “29th Macao International Trade & Investment Fair”
To celebrate the 29th Macao International Trade & Investment Fair, Macao Post and Telecommunications Bureau announces that a Temporary Post Counter will be set up at the Cotai Expo of The Venetian Macao and the Philatelic Shop of the General Post Office, during 16th to 19th October 2024 to provide the commemorative postmark cancellation service for the “29th Macao International Trade & Investment Fair”. Opening hours are as follows:
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