News

The Chief Executive, Mr Ho Iat Seng, today said Macao was devoting full effort to promoting the development of the city’s integrated tourism and leisure industry. In tandem, there were utmost effort to facilitate the development of four nascent industries, namely: the “Big Health” industry, with a focus on traditional Chinese medicine; modern financial services; high and new technology; and the cultural, convention and exhibition, commercial and trade industries.
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In order to promote public appreciation and participation in culture and arts, as well as to build more performance platforms for local artistic and cultural practitioners, the Cultural Affairs Bureau (IC, from the Portuguese acronym) will hold evening concerts at Lai Chi Vun Shipyards - Plots X11-X15 in the second half of each month, between July and November, gathering musicians from various regions and different languages to present a variety of music performances in multiple music genres and promote exchanges.
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The 2023 Mainland-Macao Business Associations Joint Conference was held today (13 September) in Macao, attended by 68 delegates of trade promotion agencies and chambers of commerce from both sides. Since the year 2024 marks the 20^th anniversary of the establishment of the joint conference mechanism, in-depth discussions were conducted on topics including further innovating the mechanism’s form and content, expanding its coverage, and stimulating its vitality; encouraging Macao to better participate in the development of the Guangdong-Hong Kong-Macao Greater Bay Area, and better facilitate the exchange and co-operation between the mainland and Macao enterprises, by taking the opportunity of the Business Conference on Guangdong-Hong Kong-Macao Greater Bay Area Development.
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In order to improve the current condition of inconvenient passage in the space outside Dr. Carlos d'Assumpção Park and the necessity for pedestrians to make a detour to cross the road, the Municipal Affairs Bureau (IAM) will optimise the pavement outside the park to provide the public with more convenient passage and access to the park. In addition, the fences of the park will be removed to eliminate the sense of alienation and elevate openness. Moreover, green elements will be added to the surroundings of the park for beautification of the view to offer better walking and leisure environment for the public. IAM previously introduced the construction works to the Consultative Committee on Municipal Affairs of IAM, the Community Service Consultative Councils and associations of the district respectively and listened to their opinions. The construction works are expected to be carried out in phases starting from 18 September, striving to complete in January next year.
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The Monetary Authority of Macao announced today (14 September) that the preliminary estimate of Macao SAR’s foreign exchange reserves amounted to MOP220.6 billion (USD27.30 billion) at the end of August 2023. The reserves increased by 1.4% from the revised value of MOP217.4 billion (USD27.07 billion) for the previous month. Macao SAR’s foreign exchange reserves at end-August 2023 represented 11 times the currency in circulation or 88.0% of pataca M2 at end-July 2023.
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Organized by the Sports Bureau, Galaxy Entertainment Group (GEG) and the General Association of Athletics of Macau (AGAM), the 2023 Galaxy Entertainment Macao International Marathon will take place on 3 December (Sunday), and the Organizing Committee held a press conference today (13 September) to announce the details and registration arrangements for the event. The press conference was attended by Pun Weng Kun, President of the Sports Bureau; Francis Lui, Vice Chairman of GEG; Chan Pou Sin, Vice President of AGAM; and Allen Lau and Christine Lam, Vice Presidents of the Sports Bureau; and Ted Chan, Chief Financial Officer of Galaxy Entertainment Group.
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