News

Possible warning signals to be issued due to the impact on "Man-yi"
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Possible warning signals to be issued due to the impact on "Man-yi"
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“Celebration of the 75th Anniversary of the Founding of the People’s Republic of China and the 25th Anniversary of the Establishment of the Macao Special Administrative Region – 71^st Macau Grand Prix” was successfully held from November 14^th to 17^th this year. During the event, international renowned tyre company Pirelli presented a commemorative tyre to the Macau Grand Prix Organizing Committee (MGPOC). The tyre was received by Ao Ieong U, MGPOC President and Secretary for Social Affairs and Culture of the Macao SAR Government.
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Macao Orchestra’s first outdoor lawn concert “Starry Symphony at the Lawn” was successfully held at the Cultural Centre Plaza on the evening of 16 November (Saturday), attracting more than 700 music enthusiasts. Under the baton of Lio Kuokman, the Music Director and Principal Conductor of Macao Orchestra, the Orchestra and the trumpet virtuoso Chris Botti jointly led the audience to an exceptional audio-visual journey.
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In alignment with the strategy of promoting the appropriately diversified economic development, the Commerce and Investment Promotion Institute (IPIM) has kept on conducting investment promotion in the mainland. With the help of the network of IPIM’s Chengdu representative office, IPIM went to Guizhou, Chongqing and Chengdu to promote Macao’s business environment from 12 to 15 November, in order to attract more emerging enterprises to invest in Macao and to further strengthen the potential of local economic development.
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To cultivate high-calibre talents in tourism, the Macao University of Tourism (UTM) and Menzies Macau Airport Services Limited (Menzies) have signed a scholarship agreement to recognise outstanding students at UTM and lay a solid foundation for their future career development.
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Information from the Statistics and Census Service (DSEC) indicated that receipts of the interviewed restaurants & similar establishments went down by 9.4% month-on-month in September 2024 after the summer holiday; receipts of Chinese Restaurants fell by 10.1% whereas those of Japanese & Korean Restaurants rose by 0.6%. In addition, sales of the interviewed retailers decreased by 16.5% month-on-month in September; sales of Cosmetics & Sanitary Articles Retailers, Leather Goods Retailers and Department Stores dropped by 28.7%, 23.9% and 22.3% respectively, while the sales of Motor Vehicle Retailers grew by 30.4%.
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According to the statistics released today (18 November) by the Monetary Authority of Macao, the proportion of international business in the local banking sector retreated in the third quarter of 2024. At end-September 2024, the share of international assets in total banking assets decreased to 83.2% from 83.4% at end-June 2024, while the share of international liabilities in total banking liabilities fell to 80.5% from 81.1%.
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Possible warning signals to be issued due to the impact on "Man-yi"
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