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Visitor arrivals for July 2023
Information from the Statistics and Census Service (DSEC) indicated that visitor arrivals grew by 24.9% month-on-month to 2,759,544 in July 2023; besides, the figure represented a surge of 28,176.9% year-on-year, mainly due to an increase in visitors as well as a relatively low base of comparison in July last year. Overnight visitors (1,431,681) and same-day visitors (1,327,863) soared by 55,607.4% and 18,370.8% year-on-year respectively. Meanwhile, the average length of stay of visitors dropped by 7.0 days year-on-year to 1.3 days; the duration for overnight visitors (2.3 days) decreased by 23.1 days year-on-year, while that for same-day visitors (0.3 day) went up by 0.2 day.
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Business climate survey on restaurants & similar establishments and retail trade for June 2023
Information from the Statistics and Census Service (DSEC) indicated that receipts of the interviewed restaurants & similar establishments surged by 104.5% year-on-year in June 2023. All types of interviewed establishments registered a year-on-year rise in receipts, with receipts of Western Restaurants (+164.3%), Chinese Restaurants (+146.7%) and Local Style Cafes, Congee & Noodle Shops (+90.1%) showing notable growth. In addition, sales of the interviewed retailers rose by 80.6% year-on-year in June. Sales of Department Stores, Watches, Clocks & Jewellery Retailers, Leather Goods Retailers and Adults' Clothing Retailers increased by over 100%, whereas only the sales of Supermarkets (-14.2%) decreased.
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Stay vigilant against SMS of unknown origin to avoid falling prey to online investment traps
The Judiciary Police (PJ) has recently uncovered a scam where swindlers randomly send promotional SMS messages to residents, alleging they are senior analysts from some investment firms. They claim they have an investment plan with returns several times the initial amount and attach a link in the SMS for victims to contact them.
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[Proven MICE Strengths] Macao Is Crowned as “Best Convention City (Asia)”
M&C Asia, a prestigious MICE magazine in Asia, has honoured Macao with the “M&C Asia Stella Awards - Best Convention City (Asia)”.
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Foreign exchange reserves and nominal effective exchange rate index for the pataca – July 2023
The Monetary Authority of Macao announced today (16 August) that the preliminary estimate of Macao SAR’s foreign exchange reserves amounted to MOP217.4 billion (USD27.07 billion) at the end of July 2023. The reserves increased by 0.8% from the revised value of MOP215.7 billion (USD26.72 billion) for the previous month. Macao SAR’s foreign exchange reserves at end-July 2023 represented 11 times the currency in circulation or 87.8% of pataca M2 at end-June 2023.
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Results of visitor expenditure survey for the 2nd quarter of 2023
Information from the Statistics and Census Service (DSEC) indicated that total spending of visitors (excluding gaming expenses) surged by 354.6% year-on-year to MOP17.48 billion in the second quarter of 2023. Total spending of overnight visitors (MOP14.58 billion) and same-day visitors (MOP2.90 billion) soared by 415.0% and 186.2% year-on-year respectively. In the first half of 2023, total spending of visitors amounted to MOP32.46 billion, an uplift of 210.9% year-on-year.
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Tickets for Haojiang Moonlight Night – Dance Drama “The Eternal Wave” are on sale this Saturday
In celebration of the Mid-Autumn Festival, the Haojiang Moonlight Night – Dance Drama “The Eternal Wave” by Shanghai Dance Theatre will be held on 22 and 23 September, at 8pm, at the Macao Cultural Centre Grand Auditorium. Tickets will be on sale from 19 August (Saturday) through the Macau Ticketing Network. The dance drama is the selected programme of the National Art Troupes Performance Season in Macao, and is organized by the Ministry of Culture and Tourism of the People’s Republic of China and the Secretariat for Social Affairs and Culture of the Macao Special Administrative Region Government, co-organized by the Department of Publicity and Culture of the Liaison Office of the Central People’s Government in the Macao SAR, and coordinated by the Cultural Affairs Bureau of the Macao SAR Government and the Shanghai Municipal Administration of Culture and Tourism.
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Macao Polytechnic University’s Centre for Continuing Education Received Positive Feedback for its Professional Training Courses
To actively respond to the society and meet the actual needs of industries and enterprises, the Centre for Continuing Education of Macau Polytechnic University has offered nearly 40 diversified and practice-oriented professional training courses in the first half of 2023.
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UM welcomes 4,400 new students, rector hopes students to be courageous and innovative
The University of Macau (UM) today (15 August) held the Convocation and First Lecture of University of the 2023/2024 academic year, welcoming 4,400 new students. UM Rector Yonghua Song expressed hope that the new students will embark on their new journey with optimism and confidence, be diligent in their thoughts, be courageous and innovative, and become globally competitive talent who make contributions to the country and Macao.
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