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Results of advertising and conference & exhibition organising services survey 2023
Information from the Statistics and Census Service (DSEC) indicated that the Advertising and Conference & Exhibition Organising Services industries recorded Gross Surplus in 2023 as against their deficits in the previous year, which reflected an obvious improvement in business environment in 2023 compared to 2022. This was attributed to an increase in the demand from businesses and institutions for publicity amid economic revival, coupled with a strong rebound in the number of MICE events.
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Results of property management, security and cleaning services survey 2023
Information from the Statistics and Census Service (DSEC) indicated that a total of 235 establishments were engaged in Property Management Services in 2023, up by 7 year-on-year. Number of persons engaged increased by 8.7% year-on-year to 8,157. Receipts of Property Management Services went down by 1.3% year-on-year to MOP1.92 billion. Expenditure dropped by 1.3% to MOP1.79 billion, with Compensation of Employees (58.8%) and Operating Expenses (28.3%) accounting for relatively large proportions. Gross Surplus totalled MOP128 million, down by 1.9% year-on-year. Gross Value Added, which measures the industry’s contribution to the economy, rose by 3.4% year-on-year to MOP1.18 billion.
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Greater Bay Area Cultural Heritage Forum to be held in late October to promote the protection, inheritance, revitalisation and utilisation of cultural heritage in the Greater Bay Area
In order to celebrate the 75th anniversary of the founding of the People’s Republic of China and the 25th anniversary of the establishment of the Macao SAR and to promote exchange and cooperation in regard to cultural heritage in the Guangdong - Hong Kong - Macao Greater Bay Area, the series of activities of the “Greater Bay Area Cultural Heritage Forum” will be held from October to November, organised by the Cultural Affairs Bureau of the Macao SAR Government and co-organised by the Department of Culture and Tourism of Guangdong Province and the Development Bureau of the Hong Kong SAR Government, under the patronage of the National Cultural Heritage Administration and the Secretariat for Social Affairs and Culture of the Macao SAR Government, and supported by MGM. Focusing on “the integration and sharing of cultural heritage in the Guangdong-Hong Kong-Macao Greater Bay Area”, the Forum will feature the participation of representatives from cities of the Greater Bay Area, as well as experts and scholars in the field of cultural heritage from home and abroad, to deliver speeches on such topics and share their research results. Registration for the Forum is open from 8 October.
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[Leveraging the China-PSCs platform] 29th MIF to host over ten economic and trade promotion events for Portuguese-speaking countries to explore business opportunities through MICE platform
As part of the celebrations marking the 75th anniversary of the founding of the People’s Republic of China and the 25th anniversary of Macao’s return to the motherland, the 29th Macao International Trade & Investment Fair (29th MIF) will host over ten economic and trade promotion activities focusing on Portuguese-speaking countries. The “Portuguese-Speaking Countries Market Zone” will also be set up, featuring over 200 booths with more than 180 exhibitors. This will further enhance Macao’s role as a platform for fostering co-operation between China and Portuguese-speaking countries. The fair is committed to providing an integrated space for exhibitions, forums and conferences, project promotion seminars, and business matching sessions, creating more interactive opportunities for participants to experience Portuguese-speaking countries’ products and services while fostering greater trade exchanges between China, Portuguese-speaking countries, and the international market.
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Fine text scam impersonating the Macao Government emerges for the first time. Beware of phishing websites that steal credit card information

The Judiciary Police (PJ) discovered that fraudsters had been sending bogus text messages to Macao residents in the name of the Macao SAR Government. These SMS falsely claim that residents have unpaid fines, and the problem can be resolved by clicking on the link embedded in the message. The link leads to a fake website purporting to be the “Government Portal of Macao Special Administrative Region of the People’s Republic of China.” Residents who enter their vehicle license plate numbers as prompted on the page will be informed that they have pending fines for traffic violations that need to be paid via credit card. Scammers then use the credit card information they extracted to carry out large-sum, unauthorized transactions, resulting in financial losses for the victims.
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【Facilitating “1+4” Development】29th MIF and 2024MFE host eight themed matching sessions including Procurement Oriented Matching Session to capitalise on business opportunities
To celebrate the 75th anniversary of the founding of the People’s Republic of China and the 25th anniversary of Macao’s return to the motherland, the 29th Macao International Trade & Investment Fair (29th MIF) and the Macao Franchise Expo 2024 (2024MFE) will host a total of eight themed matching sessions. These sessions aim to construct a business and trade exchange platform focusing on “1+4” industries, business and trade between China and Portuguese-speaking countries, business opportunities for Macao and Hengqin, international franchise brands, and the IP industry, for exhibitors and visitors from home and abroad, with a view to helping participants connect to international resources and expand business networks.
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Residential property price index for June – August 2024
Information from the Statistics and Census Service (DSEC) indicated that the overall residential property price index for June - August 2024 decreased by 0.9% over the previous period (May - July 2024) to 214.5. The indices for the Macao Peninsula (211.3) and Taipa & Coloane (227.3) fell by 1.0% and 0.2% respectively.
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【Celebrating two anniversaries】29th MIF and 2024MFE to kick off on 16 October with “new attempt” to enhance empowerment
In celebration of the 75th anniversary of the founding of the People’s Republic of China and the 25th anniversary of Macao’s return to the motherland, the 29th Macao International Trade & Investment Fair (29th MIF) and the Macao Franchise Expo 2024 (2024MFE) will be offering gifts with a value of over MOP500,000 to all visitors. The exhibition areas will also feature the large consumption promotion event “Macao Consumption Rewards” to offer more discounts to consumers on-site. All are welcome to join.
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Application are open for original fashion brands for the Macao Fashion Pop-Up Store
In order to promote Macao’s original fashion brands, the Cultural Affairs Bureau (IC, from the Portuguese acronym) will collaborate with Galaxy Entertainment Group to set up a “Macao Fashion Pop-Up Store” at Galaxy Macau™ Integrated Resort from 9 to 18 November. Applications are open from today until 14 October at 5:45pm, and application is free. All local fashion brands are welcome to participate.
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