News

Macao and Hengqin joined hands to set up the “Macao-Hengqin Pavilion” at the IBTM World 2023 held in Barcelona, Spain from 28 to 30 November. This marked the first time for the model of “multi-venue event” to be jointly promoted in Europe. The pavilion aimed to showcase the MICE environment, policy and opportunities, entry facilitation measures, and support services of Macao and Hengqin to potential clients from Europe, other countries and regions. The Macao Trade and Investment Promotion Institute (IPIM), the Economic Development Bureau of Guangdong-Macao In-Depth Co-operation Zone in Hengqin, and 11 Macao companies participated in this event, attracting MICE organisers to hold MICE events in Macao and Hengqin.
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The Centre for Science and Engineering Promotion of the University of Macau (UM) held four science outreach workshops, with the aim of promoting knowledge and applications of satellite technology. The workshops, which also served to prepare students for the BOC STEM Talent Challenge to be held in December, attracted the participation of teachers and students from 13 local secondary schools.
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The Online Book Shop, launched by the Cultural Affairs Bureau (IC, from the Portuguese acronym), has been well received by local and overseas readers since its establishment. In celebration of the 24^th anniversary of Macao’s return to the Motherland and in appreciation of readers’ support, the Online Book Shop will launch special offers from 1 to 31 December. Readers may enjoy a 20% discount on all books on the website, as well as 50% and 10% discount on back issues and recent issues of the Review of Culture, respectively. In addition, readers may receive an exquisite gift from The House of Macao Literature on any book purchase on the Online Book Shop (by each transaction) during the abovementioned period. The gifts are available while stocks last.
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Cheong Weng Chon, Secretary for Administration and Justice of the Macao Special Administrative Region, and Lv Weihong, Deputy Customs Commissioner-General of the General Administration of Customs of the People’s Republic of China (GACC), signed a newly revised “Memorandum on inspection, quarantine and veterinarian health requirements of meat products exported to Mainland from Macao” today (30 November). This memorandum further expands the scope of the source of raw materials of food exported to the Mainland, which aids Macao enterprises in developing the Mainland market by producing high-quality and diverse products and promoting appropriate diversified development of Macao industries.
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As the first national-level expo focus on supply chains in the globe, the First “China International Supply Chain Expo” (CISCE) was held at the China International Exhibition Center in Beijing from 28 November to 2 December. The Macao Trade and Investment Promotion Institute (IPIM) organised a delegation of 16 Macao entrepreneurs to attend the 1^st CISCE and set up booths in the exhibition halls, whereby they introduced and promoted the business environment and preferential policies of Macao and the Guangdong-Macao In-Depth Co-operation Zone in Hengqin, advantages of Macao’s MICE industry, and a series of support services provided by IPIM, such as investment promotion measures, support for bidding MICE to be held in Macao, and the Commercial and Trade Service Platform between China and Portuguese-speaking Countries (China-PSCs Platform), to the participants including the upstream, midstream and downstream sectors of key industries; small, medium and large enterprises; industry, academia, research and users, as well as domestic and international enterprises.
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According to the statistics released today (30 November) by the Monetary Authority of Macao, on 30 June 2023, investment of Macao residents (including individuals, the government and other legal entities but excluding Macao’s foreign exchange reserves) in securities issued by unrelated non-residents reached MOP1,073.0 billion at current market value, representing an increase of 6.4% from end-2022 or 7.8% year-on-year. Among the various instruments of portfolio investment, equity securities (including mutual funds and investment trust units), long-term debt securities and short-term debt securities were valued at MOP334.0 billion, MOP658.6 billion and MOP80.4 billion respectively. As compared with end-2022, the market values of equity securities and long-term debt securities rose by 4.0% and 10.4% respectively whereas that of short-term debt securities dropped by 10.9%.
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Information from the Statistics and Census Service (DSEC) indicated that licensed motor vehicles in Macao totalled 250,743 as at end-October 2023, up by 0.8% year-on-year; both light automobiles (115,437) and heavy motorcycles (109,069) rose by 1.4%. New registration of motor vehicles in October fell by 0.9% year-on-year to 845 (229 were electric vehicles), of which light automobiles increased by 41.6% to 511 (129 of them were electric) while heavy motorcycles dropped by 40.3% to 278 (66 of them were electric). From January to October 2023, new registration of motor vehicles grew by 17.6% year-on-year to 9,730. Number of traffic accidents in October climbed by 9.7% year-on-year to 1,185, with 351 persons injured. In the first ten months of 2023, there were 11,099 traffic accidents, which resulted in 7 deaths and 3,814 injuries.
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