News

According to statistics released today (3 November) by the Monetary Authority of Macao, broad money supply rebounded in September. Meanwhile, resident deposits rose from a month ago whereas loans to residents posted a decline.
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【MGTO】Spectacular highlights of Macao Week in Fujian•Xiamen
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The Macao Institute for Tourism Studies (IFTM) has launched the Idea-cation 2023 competition (the 3^rd edition since its inaugural event in 2021), receiving enthusiastic response of application from both the High School Student and Open categories. After selection process, a total of six high school teams and sixteen higher education institution teams have been shortlisted to the competition. The competition includes on-site exploration, bringing the participants for a trip to Zhongshan in Guangdong Province, to explore the region's cultural heritage and abundant resources.
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A delegation led by João Nuno Calvão da Silva, vice rector of the University of Coimbra, visited the University of Macau (UM). During the visit, the two parties held a book presentation and recognition ceremony to pay tribute to two professors in UM’s Faculty of Law (FLL) for their academic contributions. In addition, the two universities signed a cooperation agreement for their Joint Laboratory of Cognitive Aging and held a plaque unveiling ceremony, with the aim of strengthening teaching and research collaboration.
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For the advent of the 70^th Macau Grand Prix, Macao Government Tourism Office (MGTO) specially presents the mapping show entitled “Macao Grand Prix Museum Chronicles: 70 Legendary Years”. Themed as motor racing, the brand-new mapping show debuts tonight (1 November), ready to immerse residents and visitors in a light and sound spectacular that sparks the charm of “tourism + sports” for twelve sessions each night in November, a month teeming with the excitement of motor races.
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Committed to the “1+4” development strategy for adequate diversification, Macao Government Tourism Office (MGTO) keeps deepening integration across the sectors of “tourism +”. Following Macao’s lifting of border restrictions early this year, marketing campaigns have unfolded in different visitor markets, followed by a steady rise in visitor arrivals. The fruition is significant so far. MGTO is dedicated to steering forward the concerted development between tourism and other related sectors, enrich the variety of tourism offerings, widen the source of visitations and set off the leading momentum of integrated tourism for adequate economic diversification and revival in Macao.
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The Municipal Affairs Bureau (IAM) and Gongbei Customs District further strengthen their cooperation in food testing and inspection. They signed “Memorandum of Cooperation in Establishment of ‘Advance Inspection and Cooperation in Supervision’ Model for Aquatic Food Animals Supplied to Macao” to enhance joint supervision at source, further facilitate cross-border trade in Zhuhai and safeguard the food safety and stable supply of aquatic food animals supplied to Macao.
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In order to promote the development and utilisation of digital cultural resources, The House of Macao Literature, under the auspices of the Cultural Affairs Bureau (IC, from its Portuguese acronym), launches online virtual tours, allowing literary enthusiasts to have a better understanding of the spatial layout and exhibits of The House of Macao Literature. The public is welcome to use this service.
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Information from the Statistics and Census Service (DSEC) indicated that the average daily wage of construction workers decreased by 0.5% quarter-on-quarter to MOP782 in the third quarter of 2023. The average daily wages of local workers (MOP988) and non-resident workers (MOP694) went down by 0.7% and 0.3% respectively.
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