News

Information from the Statistics and Census Service (DSEC) indicated that total merchandise exports and imports amounted to MOP1.15 billion and MOP11.49 billion respectively in November 2024, down by 17.3% and 7.8% year-on-year. Merchandise trade deficit totalled MOP10.34 billion. From January to November 2024, total value of merchandise exports rose by 1.7% year-on-year to MOP12.46 billion, while total value of merchandise imports dropped by 9.1% to MOP117.70 billion. Merchandise trade deficit totalled MOP105.23 billion in the first eleven months, down by MOP12.04 billion from the same period last year (MOP117.27 billion).
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The “Law on Veterinary Clinical Care and Commercial Activity of Animals” entered into force on 1 April this year, stipulating that establishments of veterinary clinical care activities and commercial activity of animals that had operated for one year or more before the effective date of the law, meet the provisions of the transitional regime of the law and intend to continue with their operation are required to make an application for a provisional license to the Municipal Affairs Bureau (IAM) before 25 January 2025. Through continuous promotions and inspections, IAM urges members of the sector to submit their applications for the establishment license as soon as possible.
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Today was the first working day of the sixth-term Government of the Macao Special Administrative Region (MSAR). The Chief Executive, Mr Sam Hou Fai, arrived before 9am at the Government Headquarters to start his working day, symbolising his practical action to lead the new Government team and all sectors of society, in order to serve the country, and create a more prosperous and harmonious Macao for its residents.
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This semester, students from the Macao University of Tourism (UTM) worked on innovative projects under the guidance of Dr. Fernando Lourenço, providing valuable support to local businesses and associations. This project is a testament to UTM's commitment to creating hands-on learning experiences that benefit students and the community.
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Information from the Statistics and Census Service (DSEC) indicated that Gross National Income (GNI) at current prices increased by 50.9% year-on-year in real terms to MOP359.81 billion in 2023, driven by a real growth of 75.1% in Gross Domestic Product (GDP; MOP369.33 billion) amid the gradual resumption of local economic activities. Total outflow of external factor income (income earned by non-residents from investment in Macao) soared by 264.7% to MOP117.53 billion, and the total inflow (income earned by residents from abroad) rose by 58.3% to MOP108.01 billion. As total outflows exceeded total inflows, the net external factor income (total inflows minus total outflows) recorded a net outflow (-MOP9.51 billion). Meanwhile, per-capita GNI (MOP530,504) grew by 50.8% year-on-year in real terms in 2023, owing to the rise in GNI and a steady population growth in the year. In addition, per-capita GDP (MOP544,530) surged by 75.0% in real terms.
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The Chief Executive appointed Mr Seng Ioi Man as the Chairman of the Electoral Affairs Commission for the Legislative Assembly Election, according to Executive Order No. 207/2024 published today in the Gazette of the Macao Special Administrative Region (MSAR).
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Chief Executive Sam Hou Fai led an MSAR Government delegation to Guangzhou this afternoon (24 December) and met with Secretary of the CPC Guangdong Provincial Committee Mr Huang Kunming and Deputy Secretary of the CPC Guangdong Provincial Committee and Governor of Guangdong Province Mr Wang Weizhong. Both parties agreed to diligently uphold and implement the spirit of President Xi’s important speeches during his visit to Macao, and continuously deepen cooperation between Guangdong and Macao, to expedite Macao’s appropriate economic diversification.
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