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“SME International Business Days” to be launched during the 13th MIF
Being the most important component of the Macao economic structure, the development of SMEs is closely intertwined with that of the Macao economy, which influences to the stability and prosperity of the society. With the objective to strengthen the competence of local SMEs as to combat challenges posed by economic conditions, the Macao SAR government places high emphasis on its policy for the sustainable development of SMEs. As highlighted in Macao government policies to support SMEs and slogan of SME Service Centre - Take Service as a fundamental and SME as a Priority - Macao Trade and Investment Promotion Institute (IPIM) has launched a number of initiatives to assist local SMEs, with the objectives of assisting them to enhance the overall comprehensive competitiveness and seize the business opportunities brought about by Macao's economic development. MIF is the largest economic event in Macao for promoting bilateral trade and investment. In this year’s MIF, we will have more than 200 delegations from 50 countries and regions to participate, as well as received 36 business associations from Macao to organize activities here in 13th MIF, with all of it making MIF the ideal destination for economic and political congregation, global connection and opening up new business opportunities. To encourage SMEs to take advantage of the business opportunities presented in the MIF platform, IPIM, for its first time, will hold the “SME International Business Days” (24/10/2008 – 25/10/2008) during the MIF. IPIM hopes that the 13th MIF will facilitate an ideal business platform to SMEs for global connection, investment fund raising, market exploration, business matching, accessing up-to-date market information and most importantly, promotion of trade and economic co-operation and development. By way of holding this themed event continuously during the MIF, it is believed the themed activities and services will provide SMEs a breeding ground to leverage their competitive edges and grasp business opportunities.Besides, IPIM will continue to strive on organizing more activities as well as creating more opportunities for SMEs to explore business opportunities abroad. The two-day event comprises four components: (1). Seminars, Presentations & Information Series; (2) Business Capacity Expansion and Business Matching Series, (3) Product/Services Promotion Series and (4) Forum Series Brief Introduction of “SME International Business Days” The enriching programme of “SME International Business Days” is composed of some 30 seminars/forums and a multi-faceted variety of business services specially dedicated to SMEs. Seminars, Presentations & Information Series - “Seminars on International Business Opportunities” is a collection country or region-themed business promotion seminars with two categories: Gateway to China and Venturing Abroad, with the objective to let SMEs grasp updated industry and product information on international markets. Business Capacity Expansion and Business Matching Series - Invited speakers of various conferences and seminars of “Special Topics on Branding, Licensing, Franchising and Financing for SMEs” will be going to share their experiences and insights with SMEs and inspire SMEs to explore different business strategies. There will be themed business matching events at the “Buyer’s Corner and Business Matching Area” presenting SMEs an opportunity to meet with on-site international business delegations and look for business partners. Product/Services Promotion Series - Amongst other themed pavilions, the “Macao SME Pavilion” will be a showcase of the products/services promotion of the 13th MIF SMEs exhibitors. Apart from exhibition, the “Product Presentation Area” located in the hub of “Macao SME Exhibition” will be the best arena for SMEs and enterprises to utilize MIF as a efficient platform of promotion/demonstration for their business offerings. Forum Series - “New Generation Market Exploration Forums Series” include forums furnished with elements of Macao’s New Generation and Modern Market Concepts. Invited guest speakers will give expert lecture and keynote speeches to stimulate SMEs with the 21st generation’s business concepts. The Opening Ceremony of the “SME International Business Days” will be held at 10 am to 10.30 am at the Seminars and Presentations Area. Interested parties are cordially invited to sign up for the above activities. For further details, please visit our website at www.mif.com.mo or contact SME Service Centre (SMEC). Enquiry Hotline: 28728212. The ultimate objective of the “SME International Business Days” is to work side by side, with the Macao International Trade and Investment Fair (MIF). By way of holding this themed event continuously during the MIF, it is believed the themed activities and services will provide SMEs a breeding ground to leverage their competitive edges and grasp business opportunities.
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Tourist Price Index ( TPI ) for the 3rd Quarter of 2008
Information from the Statistics and Census Service indicated that the Tourist Price Index (TPI) for the third quarter of 2008 was 143.70, up by 12.52% year-on-year. The price indices of Miscellaneous Goods; Clothing & Footwear; and Restaurant Service surged significantly by 22.97%, 20.60% and 14.18% respectively, which was attributable to dearer jewellery prices driven by rising gold prices, higher prices of men’s and ladies’ clothing, as well as rising charges of restaurant services. Moreover, the price index of Food, Alcoholic Drinks & Tobacco went up by 10.55% due to increasing prices of alcoholic beverages and pastries. Compared with the second quarter of 2008, TPI rose slightly by 0.11% in this quarter, with the price index of Clothing & Footwear rising by 12.22%, on account of higher prices of new arrivals of men’s and ladies’ clothing; meanwhile, the price indices of Restaurant Service and Food, Alcoholic Drinks & Tobacco rose by 3.32% and 2.93% respectively. On the contrary, the price index of Accommodation registered a quarter-to-quarter decrease of 9.34% as a result of lower hotel room rates. The average TPI for the last 4 quarters ended the third quarter of 2008 increased by 12.48% over the previous period. In the first three quarters of 2008, TPI went up by 12.78% year-on-year. TPI reflects the price changes of goods and services purchased by visitors, which is compiled based on the consumption pattern of visitors. TPI covers eight sections of goods and services, namely Food, Alcoholic Drinks & Tobacco; Clothing & Footwear; Accommodation; Restaurant Service; Transport & Communications; Medicine & Personal Goods; Entertainment & Culture; and Miscellaneous Goods. The base year of TPI is from July 1999 to June 2000.
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Government guarantees bank deposits
The Government will guarantee all bank deposits and would provide liquidity and even inject capital into the system when necessary. These measures, effective today, were announced by the Secretary for Economy and Finance, Mr Francis Tam Pak Yuen, at a press conference at the Monetary Authority of Macao this evening. He said this is aimed at boosting the people’s confidence in banks and maintain stability in the banking system. Mr Tam stressed Macao’s banking sector had all along been very healthy and well-regulated, and these moves should not be seen as a sign of weakness in the banking system. The Government would review these measures by the end of 2010, said Mr Tam. He disclosed the total amount of deposits in Macao’s non-offshore banks amounted to about 228.4 billion patacas. Deposits of these banks varied from one billion patracas to about 60 billion patacas. With foreign exchange reserves of more than 120 billion patacas and fiscal reserves, the Government was financially strong enough to provide these backings, he said. However, he said he believed that it was unlikely that the Government would have to use its foreign exchange reserves and fiscal reserves, considering the stability of Macao’s banking system. He said he believed that the global financial turmoil might affect Macao’s economy for a few years, though he said he was very confident in protecting the economic backbone of Macao. He urged the public to keep their faith in Macao’s banking sector in order to keep the stability of the society.
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Press Conference of the Business Matching and Seminars & Presentations
Organized by the Macao Trade and Investment Promotion Institute, co-organized by the Macao Chamber of Commerce, Industrial Association of Macau, Macao Importers and Exporters Association, Association of Knitting and Spinning Industry of Macau, Macao Shipper's Association, The Macau Association of Banks, Macao Association of Building Contractors and Developers, The Macau Small and Medium Enterprises Association, The Macau Chinese Enterprises Association, Chongqing Foreign Trade and Economic Relations Commission, The Chinese Manufacturers' Association of Hong Kong and coordinated by the Macao Convention and Exhibition Association, Macau Fair and Trade Association and The Association of Advertising Agents of Macau, the "13th Macao Trade and Investment Fair (MIF)" will take place at the Macao Venetian Resort, from 23rd to 26th October, 2008. MIF, an event accredited by UFI (The Global Association of Exhibition Industry), is the largest exhibition in Macao held annually to promote international co-operation and investment. The theme of this year's MIF is "Macao: An Efficient Business Platform to Leverage the Advantages of Regional Cooperation". Through a series of product exhibitions, seminars and conferences, business matching sessions and projects promotions, MIF aims to consolidate Macao's role as a business platform to promote cooperation with the other countries and regions and to support the small and medium-sized enterprises in the search of business opportunities. A series of business matching activities have been planned. Also, promotional activities and seminars concerning franchising, chain enterprises and branding will be organized for the first time, so as to attract the investors to these investments. In addition, the Buyers' Corner and Business Matching Area will offer one-stop service, including a market information, and legal consultancy on the laws of Mainland China and Macao, as well as information on CEPA. BUSINESS MATCHING TO DEVELOP BUSINESS OPPORTUNITIES IPIM has contacted and invited buyers, suppliers, franchisors and brand names owners to form business delegations and join MIF's specialized promotion and business matching sessions, to jointly create new business opportunities. Up to present, the Organizer has received a total of 1309 matching intention, including 137 for sourcing projects from buyers, 331 for supply projects, 50 for franchising and chain enterprises projects, 167 for brand name projects, 624 for investment projects, mainly related to hotel and tourism, manufacture, food retail and distribution, convention and exhibition, general merchandise, technology products, construction, infra-structure, medicine, restaurant, etc. BUYERS As of today, we have received 137 purchasing goods of 39 buyers, from Mainland China, Macao, United States of America, Hong Kong, Singapore, to purchase through Macao, food, wine, nuts, coffee, meeting and convention equipment, jewels, watches, hotel equipment, cosmetic, pharmaceutical products and nutritive items, construction materials, energy saving products, office maintenance products, packing and gift items, etc. There are 331 suppliers registered so far, offering, among others, the following items: general merchandises, food and beverage, articles for the hospitality business, pharmaceutical products and medicine, etc. FRANCHISING AND BRANDING To assist the small and medium enterprises in the development of their business and to attract to Macao more brand names from abroad, this year's MIF will launch several activities to promote franchising and agency of branded articles. A Pavilion for Franchising Activities will be set-up and, in addition, support will be provided to the local enterprises interested to develop such commercial activity, by arranging contacts with the franchise operators and the representatives of brand names from 50 countries, including mainland China, Hong Kong, Taiwan, United States of America, Japan, etc. On the other hand, IPIM has received requests from brand names owners, from Indonesia, the Netherlands, Canada, Denmark, Brazil, Malaysia, Romania and other countries, for assistance to look for agents in Macau. COOPERATION IN INVESTMENT PROJECTS IPIM has invited investment promotion agencies from China and abroad to send in their lists of investment projects, so that the investors could use the Macao platform in the search of the right business partners. So far, 624 investment projects, mainly from Mainland China (including re-construction projects, Sichuan Province, affected
by earthquake), Brazil, East Timor, Guinea-Bissau, Mozambique, Portugal, related with civil construction, infra-structures, tourism development, food processing, high-technology projects, construction of industrial parks, automobile production, biological products for medicinal purposes, chemical and organic products, construction materials, etc., were received. SPECIALIZED BUSINESS MATCHING This year, more efforts will be paid so that the exhibitors and representatives of trade associations could take advantage of the trade services platform offered by Macao, to enlarge their business networks and to establish the right business partnership. In this regards, the organizer has planned several matching sessions for business delegations, including "Sourcing Day for USA Great Hotels and Resorts and Macao's SMEs", in cooperation with the American Chamber of Commerce in Macau, "Exchange Seminar between the Portuguese-Speaking Countries, Fujian and Macau and Promotion Seminar of Fujian Products", in cooperation with the Division of Foreign Trade Cooperation of Fujian Province, to be held on 24th October, and "Business Matching for Small and Medium-Sized Enterprises in the Convention and Exhibition Service Industry", on 25th October. SEMINARS AND PRESENTATIONS SESSIONS During this year's MIF, there are altogether 27 seminars and presentations sessions, during which the SMEs will be able to look for new business opportunities, to connect with the international market so as to attract investors and investments, for development of their business and to enter into business partnerships. The Organizer will arrange, on 24th and 25th October, a series of promotional activities specially designed for the SMEs, including forums on the new era, products promotion, business matching in international trade, cooperation opportunities between the SMEs and the operators of brand names and franchising. At the same time, the Pavilion for Specialized Business Negotiations will arrange a show of catalogues of products of 80 companies, from Thailand, Indonesia the Netherlands, Denmark, Canada, etc., displaying more than 150 items, including beverages, agricultural products, sea food, spices, arts and crafts, medical equipment, furniture, lamps, logistic services, software, electrical appliances, jewels, accounting services and design. ON-LINE BUSINESS MATCHING TO INCREASE EFFICIENCY The Organizer will set up for the first time a Center for Business Matching in Sourcing and a Pavilion for Business Matching and Products Promotion, to facilitate contacts among the entrepreneurs. At the same time, to coincide with these business-matching activities, IPIM has improved its on-line business matching service. This service is provided 24 hours a day, so that any interested party can obtain information on the buyers and suppliers, even before the opening of the MIF. Additionally, our facilitators for Business Matching will plan the matching activities of the parties and arrange for the booking of the matching sessions, thereby increasing the success rate of these activities. The newly-introduced on-line platform for business matching will follow the commercial classification generally used in the international market and a total of 900 commercial classifications were set: Macao's main business categories are placed in the front rows, to be followed by the business activities of the companies and thereafter the nature of the projects, the goal of which is to increase the accuracy of the data base. A classification in accordance with activities and themes have also been introduced, e.g., this year's edition of the MIF has been divided into four major categories, namely: business matching, franchising, brand names agency and cooperation in investment projects. All these will increase the automation function of the business matching. At the same time, on-line pre-registration service will be provided for all participants to confirm the date of their business matching. At present, updated business matching information is already available on-line. Enterprises will be able to register on-line and obtain the latest news on the MIF. After the MIF, this service will continue to support the enterprises in their search for business partners, so as to achieve the best result. On the other hand, through on-line search engines at the Buyers’ Corner, Business Matching Area and Macao Trade and Invest Kiosk at exhibition hall of MIF, visitors can obtain the latest information on projects. The Organizer has installed several on-line search systems, to enable the visitors to find the exhibitors' products and services. Buyers and professional participants can thus locate the pavilion and the booth number of any exhibitor, thus facilitating business contact. BUSINESS MATCHING FACILITATORS – A SUCCESS FACTOR So far, the Organizer has pre-arranged 729 business-matching sessions. On-site registration for business matching is welcomed and will be available at the "Buyers’ Corner" and "Business Matching Area". Interested parties can visit our website – www.mif.com.mo - and the Macao Trade and Invest Kiosk for more information or contact our Business Matching facilitators, Mr. Chan (tel.: 853-8798 9241) or Mr. So (tel.: 853-8798 9286) directly for registration and the latest information. For details regarding seminars and presentations sessions, please contact our hotline: 853-8798 9604 / 8798 9605, fax: 853-2872 7123 / 2872 8213, e-mail: twh@ipim.gov.mo.
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Macau awarded at main MICE tradeshow in Asia
Macau Government Tourist Office (MGTO) together with a strong travel trade delegation promoted the city as a business tourism destination at the 16th Incentive Travel & Conventions, Meetings Asia 2008 held in Bangkok last week, and brought home the top award for the best booth at the event. The booth of Macau at Incentive Travel & Conventions, Meetings Asia (IT&CMA) received the gold award for the category Stickiest National Pavilion. The prize is awarded to the country or territory which booth stands out from the crowd, by decision of a panel of juries. Organizers announced the winners of this year on 9 October at the Sticky Awards Luncheon. IT&CMA was held between 7 and 9 of October. MGTO booth at the event was decorated with the colorful campaign Experience Macau and gathered under the same roof close to twenty Macau travel trade representatives, coming from hotels, convention and exhibition venues, travel agencies, event and destination management companies, theme park, among others. During the tradeshow, organizers invited Macau to conduct media briefing on October 8, which was attended by more than 30 media from the different parts of the globe. Taking the convenience of time and location, on October 10, after IT&CMA, MGTO held jointly with Thailand Convention & Exhibition Bureau a business session named MICE Macau & Thailand Seminar. The seminar brought together more than 30 representatives from corporate companies, travel-related agents and media from Thailand with around twenty representatives from Macau, for service and products update and business discussion. In its 16th year, IT&CMA was launched with the objective of promoting the Asia-Pacific region as a meetings, incentives, conferences and exhibitions (MICE) destination. The event is the region’s premier meetings and incentive travel show and is attended by thousands of delegates from around 40 countries and territories.
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Monetary Authority require distributing institutions of Leman Brothers minibond to handle this issue in a timely and proper manner
The Monetary Authority of Macao (AMCM) has implemented corresponding supervisory requirements on the selling of investment products since 2004. Such requirements cover due diligence of customers including understanding their financial status, investment experience and purpose, risk appetite and tolerance, etc.; sufficient description and disclosure of the corresponding products such as name, content, structure, special features, and the associated risks as well; establishment and implementation of internal control and risk management including policy, procedures, senior management oversight, control activities, compliance and audit etc.; ensurance of the qualification, experience and capability of the sales personnel. In the wake of the incident of Leman Brothers minibonds, the AMCM has taken immediate follow-ups and formed two internal working groups respectively responsible for receiving enquiries and complaints and for investigating the complaints received. As at 7:00 p.m. of 10th October, this Authority has received a total of 140 enquiries and 132 complaints. Of which, 52 cases filed in person while 80 in writing; 24 cases replied, 108 under verification, 18 in investigation, and 1 with superficial evidence. In addition to following up on individual enquiries and complaints, the AMCM has also exerted all-round efforts: requiring distributing institutions to provide full information about the affected situation and focus efforts to handle customer enquiries and complaints properly and timely; requiring distributing institutions to maintain close contact with the coordinating distributor and trustee in Hong Kong in order to have in hand the progress of the incident and provide updates to their customers in a timely manner; requiring distributing institutions to conduct self assessment on the selling procedures and internal controls on distribution of Lehman Brothers minibonds and submit self-assessment report to the AMCM; holding discussions with the coordinating distributor to understand the progress of the incident and solving plan under consideration and request them to provide information and assistance to the distributing institutions in Macao timely; maintaining close contact with the relevant supervisory authorities of Hong Kong and constructing point-to-point communication with them to understand the progress of the incident and solving plan concerned, requesting for assistance and arrangement where appropriate for the related parities of Macao to attend meetings to be held in Hong Kong in case of need and exchanging views about relevant supervisory issues; holding meetings with distributing institutions to follow up on the handling progress of their enquiries and complaints, their views on the solving plan proposed in Hong Kong and the progress of their self assessment; requiring all banks and financial intermediaries that are involved in the selling of investment products to conduct comprehensive review on the distribution and selling of investment products as an agent, to re-assess the risk level of investment products being distributed and the risk tolerance of related customers; establishing working groups and focusing resources to handle related enquiries and complaints; conducting onsite inspections and investigations at distributing institutions concerned; reviewing the existing supervisory regime on the distribution of investment products as an agent, the scope of which includes the policy for distribution such as whether such products should be distributed to general retail customers, distribution manner, i.e. active or passive selling, risk assessment and disclosure methodology, practices of advertisement or promotion, incentive scheme, and so on. It is noted that Hong Kong has taken the initiative of studying the arrangement for distributing institutions to buy back the concerned Lehman minibonds. An independent third party will be shortly mandated to assess the valuation of the relevant bonds and then use it as the base for the said buy-back. The excess of proceeds (if any) from disposal of the minibonds bought back by distributing institutions in the future will be returned to the relevant customers. The distributing institutions in Macao have stated that they would follow suit in this regard. The AMCM is investigating the complaints at all its strength and closely following up on the development of this issue, and requiring the distributing institutions to handle this issue in a timely and proper manner. Again, the AMCM reiterates that, if any misconduct of the distributing institution is found and proved in this respect, the AMCM will take disciplinary actions in accordance with the provisions of the prevailing laws and regulations.
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Package Tours and Hotel Occupancy Rate for August 2008
Information from the Statistics and Census Service indicated that Macao registered 373,474 visitor arrivals in package tours in August 2008, down by 3.5% from a year earlier. Visitors from Southeast Asia (31,468) soared significantly by 119.2% year-on-year, while those from Mainland China (252,464) and Hong Kong (27,567) decreased by 10.7% and 6.1%. In the first eight months of 2008, visitor arrivals in package tours rose by 19.9% over the same period of 2007 to 3,192,670. The number of Macao residents travelling outbound in package tours increased by 7.5% year-on-year to 27,931 in August 2008. Mainland China (62.4%), Japan (11.1%) and Thailand (8.4%) were the three most popular tour itineraries. In the first eight months of 2008, Macao residents travelling in package tours rose by 6.2% over the same period of 2007 to 154,323. Meanwhile, 37,611 residents travelled outbound under individual arrangements using services provided by travel agencies, down by 29.8% over August 2007. Hong Kong (41.0%), Mainland China (25.5%) and Taiwan, China (13.7%) were the major destinations. In the first eight months of 2008, outbound residents travelling under such arrangements rose by 2.1% year-on-year to 255,301. At the end of August 2008, the total number of guest rooms available in the hotel sector grew by 799 (+5.1%) from a year earlier to 16,577 rooms. In August 2008, a total of 546,903 guests checked into hotels and similar establishments, up by 3.6% year-on-year; the majority of the guests came from Mainland China (43.8%) and Hong Kong (29.3%). The average hotel occupancy rate dropped by 7.1 percentage points to 76.7%, with 5-star hotels leading at 80.7%; in addition, the average length of stay of hotel guests extended by 0.2 night to 1.5 nights. Total number of hotel guests reached 4,342,112 in the first eight months of 2008, up by 17.6% over the same period of 2007. In the first eight months of 2008, visitor-guests staying in hotels accounted for 43.2% of the total number of tourists, up from 42.7% in the corresponding period of 2007.
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MGTO hosts Macau World Heritage Photo Exhibition in Paris
Macau Government Tourist Office (MGTO) organized a 10 day long “World Heritage Photo Exhibition – Macau Historic Centre” from October 9 in Paris, to promote Macau's unique cultural heritage and to reinforce its image as a prominent tourism destination. Director João Manuel Costa Antunes of MGTO, Minister-Advisor of the Embassy of the People's Republic of China (PRC) in France, Mr. Qu Xing, Head of Chinese Culture Center of the PRC in Paris, Mrs Hou Xianghua, Head of Promotion & Marketing Department of MGTO, Cecilia Tse and General Manager of MGTO Representative Office in France, Cyrille Schwartz officiated the Opening Ceremony. In 2005, "The Historic Centre of Macau" is enlisted on UNESCO's prestigious World Heritage List, raising the number of World Heritage Sites in China to 31. A selection of photos showcasing "The Historic Center of Macau", through which MGTO aims to further promote the world heritage of Macau in the European markets, will be displayed between October 9-18. The Chinese Cultural Center of the PRC is situated nearby the Seine River, in a prestigious building of the Haussmann period, where the culture of east meets west. To take the promotion a step further, on October 8, MGTO took part at the Opening Ceremony of Asia Pacific Roadshow (L’ASIE PACIFIQUE dans votre ville) at the Quai Branly Museum (Musée du quai Branly) to provide tourism destinations from Asia Pacific to market their products to French travel industry. Approximately 200 sellers and 400 buyers attended the event. Macau is represented with a stand to highlight Macau's multi-faceted tourism products and to distribute latest tourism information. In addition, the representation office of France, together with other Asia Pacific destinations, also attend a series of the Roadshow in other cities, Lille (Oct 14), Marseille (Oct 18), Nice (Oct 20), Strasbourg (Oct 23) to raise Macau’s image in France. The representative office of MGTO in France was set up in 2005, to expand the European market for Macau. Last year Macau welcomed over 36,000 visitors from France, nearly 26 per cent year-on-year growth. From January to August this year, received over 28,000 visitors, a growth of 23% compared to same period of last year.
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Government tighten food safety controls
A co-ordination group for food safety today decided on a string of measures to further tighten controls on food safety. These include stricter supervision of food imports, establishing communication mechanism with neighboring regions, centralising the arrangement of laws on food inspection, and providing training for food inspectors. The Health Bureau and the Economic Services Bureau would continue to examine dairy products and announce results as they become available. Past test results are posted on the Macao Government website (www.gov.mo) and the Health Bureau website, where there is a specific information zone about melamine (http://www.ssm.gov.mo/foodsafety/melamine/cn/index.html). People could also call the hotline (2856 1122) operated by the Centre for Disease Prevention and Control for information.
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Catalogue Show of Canadian Products and Services (13/10/2008 – 24/10/2008)
Jointly organized by the Consulate General of Canada in Hong Kong and Macao Trade and Investment Promotion Institute (IPIM), the “Catalogue Show of Canadian Products and Services” will be held from 13th October to 24th October 2008 (office hour only) at IPIM’s SME Service Centre of IPIM at Alameda Dr. Carlos d'Assumpçao No. 263, Edif. China Civil Plaza, 19 Andar, Macau (office hours: 09:00 am – 18:00 pm). Located in the North America, Canada’s major national outputs rely on natural resource industry, manufacturing industry and service industry. Major exports range from motor vehicles and parts, industrial machinery, electronics, oil, natural gas, metals, wood and fertilizers. In 2007, imports from Canada reached 90.8 million patacas, of which mainly included machinery and equipment, wood, medicine, skincare and food. Compared with import value of 98.5 million in 2006.Till July 2008, total import value already reached 68.9 million patacas, a 41.7% increased in comparing with the same period in 2007(Jan – July). Canada has been having frequented trading cooperation with Macau, its investment scope in Macau has included Educational, Traveling and Trading service industries. The captioned event is going to be the first American country-themed Catalogue Show ever held at SMEC Display catalogues in this Show include Food and Beverage, Medical and Health, Environmental industry, Construction and Building products, Education, Information and Communication Technology, etc. There are in total over 50 types of Catalogues, such as Agriculture industry, seafood industry and food promotion etc. As well as introducing the different types of Canadian’s industries’ developments, product pamphlets of 17 Canadian companies/export associations in the collection include, food and beverage, medical and health, and educational organization are looking for product agents and distributors in Macao. Local SMEs in search for partners or distribution rights from Canada and interested parties are cordially invited to visit at MBSC during office hours (9am to 6 pm). For queries, please contact Mr Ho or Ms Wong of Small and Medium Enterprise Service Centre (28728212) or visit IPIM’s website and Macao Trade and Invest Kiosk.
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