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Adjustment to criteria to purchase Macau New Neighbourhood effective today
The criteria to purchase a residential unit at Macau New Neighbourhood (MNN) in Hengqin has been adjusted, including removing the age limit, removing the five-year resale restriction, and adjusting the calculation of the amount of residential unit that one can purchase, which means eligible Macau residents are no longer bound by the restriction where a married couple is counted as one unit. The adjustments are effective today. MNN is open to holders of Macau resident identity card to purchase.
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Retail sales survey for the first three quarters of 2024
Information from the Statistics and Census Service (DSEC) indicated that the value of retail sales decreased by 16.9% year-on-year to MOP53.48 billion in the first three quarters of 2024, corresponding to 95% of the level in the same period in 2019. In the third quarter, value of retail sales totalled MOP16.59 billion, up by 2.5% as compared with the revised figure (MOP16.19 billion) in the second quarter but down by 15.5% year-on-year.
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Result of survey on manpower needs and wages for the 3rd quarter of 2024 – Financial activities
Information from the Statistics and Census Service (DSEC) indicated that there were 8,554 full-time employees in Financial Activities at the end of the third quarter of 2024, down by 12 (-0.1%) year-on-year. Among them, those in the Banking Sector and Other Financial Intermediation (e.g. payment service institutions, financial leasing companies) decreased by 23 (-0.3%) and 9 (-3.3%) year-on-year to 7,258 and 265 respectively, whereas those in Insurance Activities increased by 10 (+1.2%) to 811.
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Possible warning signals to be issued due to the impact on “Man-yi” (Update Time: 2024-11-19 23:00)
Possible warning signals to be issued due to the impact on "Man-yi"
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Collaborating for stable development, overcoming challenges: CE
The Chief Executive, Mr Ho Iat Seng, today presented to the Legislative Assembly the work review of the Macao Special Administrative Region (MSAR) Government for the fiscal year 2024, noting that the MSAR had achieved progress on various fronts and maintained overall stability during the period.
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The 16th UTM-UN Tourism Training Programme Opens in Macao, Spotlighting Technology in Meetings and Events Industry
The 16th UTM-UN Tourism Training Programme commenced today (19 Nov) at MGM Cotai, bringing together more than a dozen of distinguished speakers and 19 programme participants. This diverse group includes tourism government representatives from across the Asia-Pacific region of UN Tourism’s member states, industry professionals and tertiary educators from the Guangdong-Hong Kong-Macao Greater Bay Area, industry leaders, academics, and technology specialists from renowned organisations, associations, and universities.
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2025 budget proposal suggests continuation of tax relief and welfare measures
The Chief Executive, Mr Ho Iat Seng, today presented a budget proposal for 2025, suggesting continuation of a number of tax relief measures and subsidies for disadvantaged groups, as well as of the Wealth Partaking Scheme and the health voucher scheme.
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Finals of 3rd Chinese-Portuguese Translation Contest for Higher Education Institutions in China to be held at UM
The finals of the 3rd Chinese-Portuguese Translation Contest for Higher Education Institutions in China will be held concurrently at the University of Macau (UM) and Beijing Foreign Studies University (BFSU) on 22 November. A total of 84 students from 26 higher education institutions in Macao and mainland China will participate in the contest. The event, jointly organised by UM’s Chinese-Portuguese Bilingual Teaching and Training Centre and BFSU, aims to promote exchanges in Portuguese language teaching between Macao and mainland institutions, encourage students majoring in Portuguese studies to gain practical experience in Chinese-Portuguese translation, and identify high-quality Chinese-Portuguese translation talent.
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