News

In order to celebrate the 75^th anniversary of the founding of the People’s Republic of China and the 25^th anniversary of the establishment of the Macao SAR, the “Greater Bay Area Cultural Heritage Forum”, organised by the Cultural Affairs Bureau of the Macao SAR Government and co-organised by the Department of Culture and Tourism of the Guangdong Province and the Development Bureau of the Hong Kong SAR Government, under the patronage of the National Cultural Heritage Administration and the Secretariat for Social Affairs and Culture of the Macao SAR Government, and supported by MGM, was inaugurated today (31 October) at the Macao Cultural Centre Small Auditorium. Focusing on “the integration and sharing of cultural heritage in the Guangdong-Hong Kong-Macao Greater Bay Area”, the Forum features the participation of representatives from cities of the Greater Bay Area, as well as experts and scholars in the field of cultural heritage from home and abroad, to deliver speeches on such topics and share their research results.
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Information from the Statistics and Census Service (DSEC) indicated that there were 15,817 wholesale & retail establishments, market stalls and fixed street stalls operating in 2023, a decrease of 10 year-on-year; total number of persons engaged dropped by 832 to 64,693. Wholesale & Retail Trade was back on the growth track following the resumption of economic activity, with receipts increasing by 27% year-on-year to MOP136.41 billion. Expenditure (excluding depreciation, taxes and interest) amounted to MOP120.96 billion, up by 18.5%. Gross Surplus surged by 170.8% to MOP18.37 billion. Gross Value Added that measures the sectoral contribution to the economy totalled MOP29.36 billion, an upsurge of 71.2% year-on-year.
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“Celebration of the 75^th Anniversary of the Founding of the People’s Republic of China and the 25^th Anniversary of the Establishment of the Macao Special Administrative Region – 71^st Macau Grand Prix” will be held from November 14^th to 17^th this year.
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Information from the Statistics and Census Service (DSEC) indicated that licensed motor vehicles in Macao totalled 251,809 as at the end of the third quarter of 2024, up by 0.6% year-on-year. In the first three quarters, cross-border vehicular traffic (6,669,112 trips), passenger ferry trips (59,708 trips) and arriving and departing commercial flights at the Macau International Airport (42,400 trips) rose by 27.4%, 22.4% and 57.8% year-on-year respectively. As at the end of the third quarter, number of mobile phone subscribers (1,439,021) and internet subscribers (770,664) showed respective growth of 6.3% and 7.4%.
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In order to celebrate the 20^th anniversary of the inscription of the “Historic Centre of Macao” on the World Heritage List, the Cultural Affairs Bureau (IC, from its Portuguese acronym) launches the 2025 desk calendar dedicated to the theme “Splendid Timeless Encounters”. The calendar features scenes from the Historic Centre of Macao, all of which were jointly created by local illustrator Yolanda Kog and designer Tramy Lui, reflecting the life of peace and harmony that takes place in heritage buildings over the years. Interested parties can register for the calendar from 5 November.
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Information from the Statistics and Census Service (DSEC) indicated that inward direct investment flows in Macao SAR totalled MOP 13.07 billion in 2023, down by 57.2% year-on-year. The decrease resulted from the incorporation of large financial companies as well as a substantial increase in the capital of gaming enterprises in preparation for the tender for concession agreement on operating games of chance in casinos in 2022. Inward direct investment income amounted to MOP 51.04 billion in 2023, returning to 63.4% of the corresponding level in 2019. As at the end of 2023, stock of inward direct investment totalled MOP 383.12 billion, up by 4.2% year-on-year.
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The Chief Executive-elect, Mr Sam Hou Fai, will visit Beijing from 31 October to 2 November to receive the Order of the State Council confirming the official appointment as the six-term Chief Executive of the Macao Special Administrative Region.
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