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“Art Macao: Macao International Art Biennale 2025” opens this Friday
The “Art Macao: Macao International Art Biennale 2025” (hereinafter referred to as “Art Macao 2025”) will be held across the city from summer to autumn. The inauguration ceremony will be held on Friday (18 July) at 4:30pm at the Macao Cultural Centre Small Auditorium. On the occasion, the Main Exhibition will also be inaugurated.
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GMBPF Unleashes Diverse Business Opportunities with a Spotlight on Silver Economy and China Chic
The 2025 Guangdong & Macao Branded Products Fair (2025GMBPF), co-organised by the Commerce and Investment Promotion Institute of the Macao Special Administrative Region and the Department of Commerce of Guangdong Province, will take place from 24 to 27 July in Cotai Expo Hall D, The Venetian Macao. With a focus on the Silver Economy and the China Chic industry, this year’s edition will feature a diverse range of activities, including product sales, business matching, forums, guided community tours, and multi-venue events in Macao and Hengqin. During the event, emerging trends such as innovative services for the ageing population and consumption driven by cultural IPs will be introduced to fuel Guangdong-Macao economic and trade co-operation, reinforce exchanges between China and “Belt and Road” economies and Portuguese-speaking countries, and inject fresh momentum into Macao’s development of appropriate economic diversification.
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The Macao SAR Government firmly supports the Electoral Affairs Commission for the Legislative Assembly Election in performing its duties and responsibilities in accordance with the law
On 15 July, the Electoral Affairs Commission for the Legislative Assembly Election made decisions of ineligibility in accordance with the law for those candidates who do not uphold the Basic Law and bear allegiance to the Macao SAR of the People’s Republic of China pursuant to the results of the eligibility review of candidates standing for the eighth Legislative Assembly Election conducted by the Committee for Safeguarding National Security. The decisions are correct measures in strict accordance with the provisions of the Law on Safeguarding National Security and the Electoral Law for the Legislative Assembly to fully implement the fundamental principle of “patriots administering Macao”. The Government of the Macao Special Administrative Region expresses its firm support for this.
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Committee for Safeguarding National Security conducts eligibility review of candidates in accordance with the law
The Committee for Safeguarding National Security conducts eligibility review of candidates standing for the Legislative Assembly election in accordance with the law, which is a crucial institutional guarantee for implementing the principle of “patriots administering Macao”. In accordance with Article 33 (4) of the Electoral Law for the Legislative Assembly, the Committee for Safeguarding National Security must consider the following when determining whether a candidate upholds the Basic Law and bears allegiance to the Macao Special Administrative Region of the People’s Republic of China, namely:
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MPU Rector Shares Insights at Times Higher Education Digital Universities Asia Summit
Marcus Im, Rector of Macao Polytechnic University (MPU), presented valuable insights on green computing strategies for achieving sustainable university campuses and Sustainable Development Goals (SDGs), along with MPU’s green technology initiatives and success stories at the Times Higher Education (THE) Digital Universities Asia 2025. Around 300 leaders and global experts from higher education institutions and industries attended to discuss digital transformation of society and education.
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Tourist price index (TPI) for the second quarter of 2025
Information from the Statistics and Census Service (DSEC) indicated that the Tourist Price Index (TPI) for the second quarter of 2025 went up by 1.42% year-on-year, on account of dearer prices of jewellery and watches, as well as higher entertainment and leisure expenses; yet, falling prices of clothing and lower charges for restaurant services offset part of the increase. Among the various sections of goods and services, price indices of Miscellaneous Goods (e.g. jewellery, watches, arts and crafts) and Entertainment & Cultural Activities grew by 13.40% and 12.00% year-on-year respectively, whereas the indices of Clothing & Footwear and Restaurant Services dipped by 3.14% and 2.80% respectively.
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Mortgage loans statistics – May 2025
According to statistics released today (15 July) by the Monetary Authority of Macao, new approvals of residential mortgage loans (RMLs) increased whereas those of commercial real estate loans (CRELs) dropped month-on-month in May 2025. With regard to the outstanding balances, both RMLs and CRELs witnessed declines on a monthly basis.
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Foreign exchange reserves and nominal effective exchange rate index for the pataca – June 2025
The Monetary Authority of Macao announced today (15 July) that the preliminary estimate of Macao SAR’s foreign exchange reserves amounted to MOP236.1 billion (USD29.20 billion) at the end of June 2025. The reserves decreased by 0.1% from the revised value of MOP236.2 billion (USD29.25 billion) for the previous month. Macao SAR’s foreign exchange reserves at end-June 2025 represented 11 times the currency in circulation or 89.5% of pataca M2 at end-May 2025.
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