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News
Rental statistics for the first quarter of 2025
Information from the Statistics and Census Service (DSEC) indicated that the average rent per square metre of usable area for shops in Macao was MOP485 in the first quarter of 2025, down by 0.9% quarter-on-quarter. The average rents for office units (MOP290) and industrial units (MOP123) went down by 1.3% and 0.2% respectively quarter-on-quarter, whereas the average rent for residential units (MOP138) increased by 0.4%.
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Xia Baolong meets industrial and commercial sectors of Macao(GCS Translation)

On the morning of 12 May (Monday), Director of Hong Kong and Macao Work Office of the Central Committee of the Communist Party of China Central and Director of the State Council’s Hong Kong and Macao Affairs Office, Mr Xia Baolong, held a panel meeting in Macao with representatives from Macao’s industrial and commercial sectors, focusing on the implementation of President Xi Jinping’s important speeches during his visit to Macao, which promote the development of Hong Kong and Macao, and facilitate in-depth exchanges on quality national development.
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CE: Ensure firm implementation of Director Xia Baolong’s important directives
The Chief Executive, Mr Sam Hou Fai, said the Macao Special Administrative Region (MSAR) Government will adhere to the “four expectations” outlined by Director Xia Baolong during his latest inspection tour of Macao. The Government will do so while uniting all sectors of the community in order to advance the city’s high-quality development under the “One country, two systems” principle with Macao characteristics.
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UTM and the University Institute of Lisbon (ISCTE) join forces to offer Dual Master's Programme
The Macao University of Tourism (UTM) and the University Institute of Lisbon (ISCTE) have joined forces to offer a dual master's programme. This collaboration combines the teaching advantages of two internationally renowned universities in Macao and Lisbon, to jointly cultivate global management talents in the tourism industry.
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Novel drug developed by UM and CUHK wins gold medal at International Exhibition of Inventions Geneva
A collaborative research led by Zhao Qi, associate professor in the Faculty of Health Sciences (FHS) at the University of Macau (UM), and Leung Kam Tong, assistant professor at The Chinese University of Hong Kong (CUHK), has been awarded a Gold Medal with Congratulations of the Jury at the 50th International Exhibition of Inventions Geneva for the development of the ‘Fc-engineered CD9 antibody for blood cancers’.
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Awards ceremony held for the 2025 MGM Macao International Regatta Photography Competition
Organized by the Sports Bureau, MGM and the Ursa Major Sailing Management, and co-organized by the Photographic Society of Macau, the 2025 MGM Macao International Regatta Photography Competition was held successfully. The awards ceremony took place yesterday (12 May) at MGM Cotai.
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Expanding International Scientific Cooperation and Launching Joint Funding Initiatives
In line with the objective of establishing a higher-level platform for international openness and attracting top-tier global talent, the Government of the Macao Special Administrative Region has recently signed cooperation agreements with the Government of France, while the Macao Science and Technology Development Fund (FDCT) has concluded a partnership with the São Paulo Research Foundation (FAPESP) of Brazil. In response, the FDCT has launched the Funding Scheme for International Scientific and Technological Cooperation to support research teams from Macao and the respective partner countries or regions in strengthening academic exchanges, enhancing collaborative efforts, undertaking joint research projects, and achieving high-level scientific outputs that promote knowledge transfer and application.
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BBC’s Seven Worlds, One Planet Live in Concert to be premiered in Macao An audiovisual immersive experience allows the public to explore the spectacular wonders of the Earth
Jointly presented by the Cultural Affairs Bureau of the Macao SAR Government, Macao Orchestra Company, Limited, and Galaxy Entertainment Group, BBC’s Seven Worlds, One Planet Live in Concert, the highlight of the Macao Orchestra’s 2024-25 Concert Season, will be held at 8pm on 12 July (Saturday), at the Broadway Theatre of Broadway Macau™. Featuring breathtaking footage from the acclaimed BBC documentary series of the same name in the concert, the Macao Orchestra will perform the music composed by Academy Award winner Hans Zimmer and Emmy Award winner Jacob Shea. Paired with bespoke narration, the concert will take the audience on an audiovisual immersive journey through the spectacular landscapes of seven continents on the Earth with the giant ultra-high-definition LED screen. Tickets are now on sale through the Macau Ticketing Network.
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