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【International Exchange】Macao joins the first UNESCO Creative Cities of Gastronomy Annual Conference in Thailand
On behalf of Macao, Macao Government Tourism Office (MGTO) joined the first edition of UNESCO Creative Cities of Gastronomy Annual Conference in Phuket, Thailand from 10 – 12 May, joining other member cities of the UNESCO Creative Cities Network in the field of gastronomy around the world to lead a meaningful discussion and sharing of good practices in fostering development as creative cities of gastronomy. The meeting led to closer cooperation among member cities and raised Macao’s international profile and impact.
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Foreign exchange reserves and nominal effective exchange rate index for the pataca – April 2024
The Monetary Authority of Macao announced today (14 May) that the preliminary estimate of Macao SAR’s foreign exchange reserves amounted to MOP229.2 billion (USD28.44 billion) at the end of April 2024. The reserves increased by 1.3% from the revised value of MOP226.2 billion (USD28.07 billion) for the previous month. Macao SAR’s foreign exchange reserves at end-April 2024 represented 11 times the currency in circulation or 91.1% of pataca M2 at end-March 2024.
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Rental statistics for the 1st quarter of 2024
Information from the Statistics and Census Service (DSEC) indicated that the average rent per square metre of usable area for residential units in Macao was MOP133 in the first quarter of 2024, up by 2.1% year-on-year. Among the districts with a relatively high number of lease declarations, the average rents for residential units in Barca (MOP120), NAPE & Aterros da Baía da Praia Grande (MOP136) and NATAP (MOP153) increased by 6.1%, 5.8% and 5.5% respectively, whereas the average rents for those in Areia Preta & Iao Hon (MOP121) and Barra & Manduco (MOP127) decreased by 2.5% and 1.5% respectively.
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Be wary of calls faking the “Center for the Wealth Partaking Scheme”
The Judiciary Police (PJ) has received multiple reports from residents who have received calls from individuals impersonating the "Center for the Wealth Partaking Scheme." Using recordings in both Cantonese and Mandarin, the swindlers claimed that the recipient's eligibility for the "Wealth Partaking Scheme" had been revoked. The recipients were instructed to follow the prompts in the recording to obtain more information.
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