News

Macao Government Tourism Office (MGTO) will introduce a promotional webpage “Fancy Treats at Your Fingertips” to bring into the limelight more than 450 special offers of local integrated resort enterprises and small and medium-sized businesses (SMEs) in celebration of the 25^th anniversary of the establishment of the Macao SAR. The themed webpage will be available between 1 and 31 December. Macao residents and visitors can check out and enjoy these offers in the city for a deeper experience of Macao’s diverse “tourism +” and unique charm, in joyful celebration of the handover anniversary.
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The Faculty of Law (FLL) of the University of Macau (UM) and the Faculty of Law of the University of Coimbra (UC) jointly organised the ‘Joint Seminar between Faculty of Law of University of Macau and Faculty of Law of University of Coimbra: Contemporary Issues of International and European Union Law & Recognition Ceremony: Tribute to Professor Doutor Manuel Lopes Porto’. The ceremony aimed to honour Manuel Lopes Porto, professor of UC, for his outstanding contributions to higher education and academic exchanges between Macao and Coimbra, Portugal, and the seminar aimed to discuss contemporary issues in international and European Union (EU) law.
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The criteria to purchase a residential unit at Macau New Neighbourhood (MNN) in Hengqin has been adjusted, including removing the age limit, removing the five-year resale restriction, and adjusting the calculation of the amount of residential unit that one can purchase, which means eligible Macau residents are no longer bound by the restriction where a married couple is counted as one unit. The adjustments are effective today. MNN is open to holders of Macau resident identity card to purchase.
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Information from the Statistics and Census Service (DSEC) indicated that the value of retail sales decreased by 16.9% year-on-year to MOP53.48 billion in the first three quarters of 2024, corresponding to 95% of the level in the same period in 2019. In the third quarter, value of retail sales totalled MOP16.59 billion, up by 2.5% as compared with the revised figure (MOP16.19 billion) in the second quarter but down by 15.5% year-on-year.
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Information from the Statistics and Census Service (DSEC) indicated that there were 8,554 full-time employees in Financial Activities at the end of the third quarter of 2024, down by 12 (-0.1%) year-on-year. Among them, those in the Banking Sector and Other Financial Intermediation (e.g. payment service institutions, financial leasing companies) decreased by 23 (-0.3%) and 9 (-3.3%) year-on-year to 7,258 and 265 respectively, whereas those in Insurance Activities increased by 10 (+1.2%) to 811.
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Possible warning signals to be issued due to the impact on "Man-yi"
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The Chief Executive, Mr Ho Iat Seng, today presented to the Legislative Assembly the work review of the Macao Special Administrative Region (MSAR) Government for the fiscal year 2024, noting that the MSAR had achieved progress on various fronts and maintained overall stability during the period.
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The 16th UTM-UN Tourism Training Programme commenced today (19 Nov) at MGM Cotai, bringing together more than a dozen of distinguished speakers and 19 programme participants. This diverse group includes tourism government representatives from across the Asia-Pacific region of UN Tourism’s member states, industry professionals and tertiary educators from the Guangdong-Hong Kong-Macao Greater Bay Area, industry leaders, academics, and technology specialists from renowned organisations, associations, and universities.
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