News

The Monetary Authority of Macao announced today (15 March) that the preliminary estimate of Macao SAR’s foreign exchange reserves amounted to MOP229.4 billion (USD28.45 billion) at the end of February 2024. The reserves increased by 1.7% from the revised value of MOP225.6 billion (USD28.02 billion) for the previous month. Macao SAR’s foreign exchange reserves at end-February 2024 represented 11 times the currency in circulation or 90.1% of pataca M2 at end-January 2024.
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In commemoration of the 500th anniversary of the birth of the famous Portuguese poet and playwright Luís de Camões, the University of Macau Library (UM Library) held a book presentation ceremony to mark the acquisition of the annotated edition of Os Lusíadas do Grande Luís de Camoens published in 1613. The rare book, which has been included in the collection of the UM Library, contains what is believed to be the first biography of the poet.
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Every year on 15 March, the Consumer Council carries out promotion and activities in response to the annual themes proposed by the Consumers International (CI) and China Consumers’ Association (CCA) to celebrate World Consumer Rights Day, raising societal awareness of consumer rights and interests protection.
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Information from the Statistics and Census Service (DSEC) indicated that the number of persons engaged in Wholesale & Retail Trade increased by 4.7% year-on-year to 68,551 at the end of the fourth quarter of 2023. Among them, 43,488 were working in Retail Trade, up by 6.0%. Meanwhile, persons engaged in the Transport, Storage & Communications sector (14,513) rose by 3.9% year-on-year, whereas those in Security Activities (12,755) and Public Sewage & Refuse Disposal Activities (919) dropped by 1.7% and 3.4% respectively.
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The Chief Executive, Mr Ho Iat Seng, called for further effort to adhere to the core and strong leadership of President Xi Jinping, while seeking progress amid maintenance of stability.
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The ITTF Men's and Women's World Cup Macao 2024 presented by Galaxy Entertainment Group, sanctioned by the International Table Tennis Federation (ITTF), organized by the Sports Bureau, Galaxy Entertainment Group and World Table Tennis Management Group Limited (WTMG), and co-organized by the Macau Table Tennis General Association, will be held at Galaxy Arena from 15 to 21 April. Elite world table tennis players will gather in Macao to compete against one another in breath-taking matches.
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In addition to a range of performance programmes and an exhibition, the 34^th Macao Arts Festival will also feature 23 outreach activities over 25 sessions, covering meet-the-artist sessions, backstage tours, talks, workshops and screenings of international stage performances, to invite the audience to appreciate art together and broaden their artistic imagination.
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To support Macao’s youth policies and facilitate its “1+4” adequate economic diversification development, the Macao Polytechnic University (MPU), Sands China Ltd., and the MPU Alumni Association jointly organised an achievement exhibition for the Art Talent Development Showcase at the Lam Kan Exhibition Gallery of MPU to display students’ creative achievements, which received overwhelming responses. Mr Im Sio Kei, Rector of MPU; Mr Wilfred Wong, Executive Vice Chairman of Sands China Ltd.; Mr Wong U Kei, Chairman of the Board of Directors of the MPU Alumni Association; and others, attended the event and presented certificates to the students who participated in the programme.
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