News

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The Chief Executive, Mr Sam Hou Fai, met with member of the Chinese Academy of Engineering, Director of the Guangzhou Laboratory, and President of the Macau Institute for Translational Medicine and Innovation’s Steering Committee, Mr Zhong Nanshan. The two sides exchanged views on strengthening the development of Macao’s traditional Chinese medicine industry and the scientific-innovation sector.
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To further expand the University of Macau’s (UM) international cooperation network and strengthen academic partnerships with universities in English-speaking countries, UM Vice Rector Rui Martins led a delegation to several top higher education institutions in Ireland to explore cooperation, with consensus reached on several collaborative projects.
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The 2025 Macao International Environmental Co-operation Forum & Exhibition (2025 MIECF) will be held from 27 to 29 March at Cotai Expo, The Venetian Macao under the theme ‘Innovation and Green Development – Solutions to Build Beautiful Cities’. Incorporating debut economy, this year’s event pools international green trade resources to empower new green businesses and promote sustainable development.
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Information from the Statistics and Census Service (DSEC) indicated that, following the further recovery of the local economy, Gross Domestic Product (GDP) expanded by 8.8% year-on-year in real terms to MOP403.3 billion in 2024. The overall economic output returned to 86.4% of the level in 2019. Exports of services and domestic demand (including private consumption expenditure, government final consumption expenditure and investment) showed respective growth of 9.2% and 2.3% year-on-year. Per-capita GDP, the average value of production of goods and services per population, stood at MOP587,922 in 2024, up by 7.6% year-on-year. The implicit deflator of GDP, which measures the overall changes in prices, went up by 0.4% year-on-year to 105.0.
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Information from the Statistics and Census Service (DSEC) indicated that the general unemployment rate (1.6%) and the unemployment rate of local residents (2.1%) for November 2024 - January 2025 went down by 0.1 and 0.2 percentage points respectively from the previous period (October - December 2024), mainly due to a decrease in the number of the unemployed which resulted from a fall in the number of job seekers amid the Chinese New Year. Besides, the general underemployment rate dropped by 0.2 percentage points to 1.3%.
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On 28 February 2025, the Macao SAR Government and Macau International Airport held a regular meeting of the Wildlife Management Committee to review the occurrences of wildlife risk within the airport area in 2024 and assess the effectiveness of the preventive measures.
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The “Hawker Management Regime” will enter into force on 1 March this year. To allow the current hawker license holders to have a clear understanding of the content of the new law, the Municipal Affairs Bureau (IAM) successively organised more than 10 explanatory sessions oriented to hawkers in Macao. The content of the law and the transitional arrangements were explained so that hawkers and relevant stakeholders can better understand and comply with the stipulations of the new law.
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IAM to launch vine removal and forest protection in Guia Hill section by section in phases
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Organised by the Municipal Affairs Bureau (IAM), the 44th Macao Green Week will take place between 15 and 23 March on the same theme “Passing on the love of nature to build a beautiful city together”. During the Green Week, a number of guided eco-tours and experience activities will be held to introduce Macao’s greening development, ecological resources and conservation status. The public will be guided to take care of the tree saplings planted during past Green Weeks, so that they can witness the growth of the tree saplings and jointly cherish natural ecological resources. Furthermore, IAM will continue to organise eco-tours in Hengqin to provide the public with more opportunities to get close to nature.
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