News

The Macao Institute for Tourism Studies (IFTM) is committed to support academic research and development. Two IFTM scholars have recently received the Highly Commended Paper Award by a leading journal in tourism and hospitality field, which is a testament to the international recognition of IFTM's academic research strengths.
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The Macao Polytechnic University held the 2024 Scholarship Award Ceremony at the University Auditorium on January 13. Scholarships were awarded to 600 outstanding students to recognise their excellent achievements in different academic and professional fields. MPU encourages students to uphold the spirit of love for the country and Macao, to pursue excellence and persevere, and to contribute to the development of both the country and Macao.
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Organised by the Cultural Affairs Bureau (IC, from the Portuguese acronym), the “2024 Macao International Parade”, in celebration of the 25^th anniversary of Macao’s return to the motherland, will be held on 24 March 2024 (Sunday). IC is now inviting all registered local associations, schools, institutes and organisations to submit proposals from 16 January to 4 February. All interested local groups are welcome to participate.
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The 19^th China Expo Forum for International Co-operation (CEFCO 2024) was held from 10 to 12 January in Nanchang, Jiangxi Province. The Macao Trade and Investment Promotion Institute (IPIM) organised a delegation comprising 24 representatives from the Macao MICE industry to attend the event in Nanchang, aiming to interact with convention and exhibition managers, professional event organisers and international celebrities in the MICE industry from all over the world.
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The Secretary for Economy and Finance, Mr Lei Wai Nong, signed today, on behalf of the Macao Special Administrative Region (MSAR) Government, a document with Macau Horse Race Company Ltd regarding termination of the latter’s horse-racing concession effective from 1 April 2024.
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The Social Security Fund (abbreviated to FSS in Macao) announced that the interest income for the year 2023 had been credited to the non-mandatory central provident fund system’s government-managed sub-accounts, with an annual interest rate of about 4.39%. To check the balance of the relevant sub-account, residents may either log in to the non-mandatory central provident fund information platform or the “Macao One Account” mobile app or online platform, using the “Macao One Account”. They can also check the balance through a self-service machine.
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The Monetary Authority of Macao announced today (15 January) that the preliminary estimate of Macao SAR’s foreign exchange reserves amounted to MOP223.6 billion (USD27.77 billion) at the end of December 2023. The reserves increased by 1.3% from the revised value of MOP220.6 billion (USD27.44 billion) for the previous month. Macao SAR’s foreign exchange reserves at end-December 2023 represented 11 times the currency in circulation or 91.0% of pataca M2 at end-November 2023.
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The 2024 MGM Macao International Regatta, organized by the Sports Bureau of the Macao SAR Government, MGM and the Ursa Major Sailing Management, co-organized by theMarine and Water Bureau of the Macao SAR Government and the Macau Sailing Association, and supported by the Zhuhai Culture, Radio, Television, Tourism and Sports Bureau, officially concluded today. After four days of thrilling sailing races, Canados Sailing Team from Germany, Muwu BBQ from Mainland China and Team Yacht Racing of Thailand were crowned overall champions in the Macao Cup International Regatta (Beneteau First 40.7 unified design group), the Guangdong-Hong Kong-Macao Greater Bay Area Cup Regatta (IRC group) and the International Catamaran Invitational (Hobie 16 unified design group), respectively.
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