News

The 14^th International Infrastructure Investment and Construction Forum (IIICF) will be held from 1 to 2 June at the Venetian Macao Cotai Expo. Co-organised by the China International Contractors Association and the Macao Trade and Investment Promotion Institute (IPIM), the Forum serves as a platform for representatives of the global infrastructure industry to deepen their exchanges.
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Information from the Statistics and Census Service (DSEC) indicated that visitor arrivals totalled 2,274,050 in April 2023, representing an upsurge of 274.7% year-on-year and a rise of 16.2% month-on-month. Overnight visitors (1,176,456) and same-day visitors (1,097,594) soared by 550.2% and 157.7% year-on-year respectively. Meanwhile, the average length of stay of visitors increased by 0.2 day year-on-year to 1.2 days; the duration for same-day visitors (0.3 day) went up by 0.2 day while that for overnight visitors (2.2 days) dropped by 1.4 days.
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The "14^th Macao Fashion Illustration Contest" of Macau Productivity and Technology Transfer Center (CPTTM) is now open for entries. Fashion illustration enthusiasts are welcome to participate the contest. The deadline for entry submission is June 28. An open category for Portuguese-speaking countries has been added for this year's contest and entries. Welcome to register for the contest.
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According to the statistics released today by the Monetary Authority of Macao, the proportion of international business in the local banking sectorrosein thefirstquarter of 2023. At end-March2023, the share of international assets in total banking assetsincreased to85.6% from85.4% at end-December2022, while the share of international liabilities in total banking liabilitiesroseto83.4% from81.9%.
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The University of Macau (UM) today (17 May) held the Long Service Award and Outstanding Administrative Staff Award Ceremony 2022, in recognition of the efforts of its staff and their contributions to the university. 201 staff members received the Long Service Award for 10, 15, 20, 25, 30, 35, and 40 years of service respectively. The Outstanding Administrative Staff Award and the Most Creative Slogan Award were also presented at the ceremony.
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Information from the Statistics and Census Service (DSEC) indicated that a total of 1,207 building units and parking spaces were purchased and sold in the first quarter of 2023 as per Stamp Duty record, and the total value of transactions was MOP6.93 billion, up by 14.8% and 17.5% respectively quarter-to-quarter. Purchase and sale of residential units increased by 199 quarter-to-quarter to 848 units, and the total value went up by 33.8% to MOP5.59 billion. Number of existing residential units transacted (843 units) grew by 33.8% and the transaction value (MOP5.57 billion) swelled by 37.2%. Moreover, transaction volume (5 units) and value (MOP 27 million) of pre-sale residential units declined by 73.7% and 78.2% respectively quarter-to-quarter.
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In order to celebrate the “World Telecommunication and Information Society Day” (WTISD) established by the International Telecommunication Union (ITU), the Macau Post and Telecommunications Bureau (CTT) held a celebration ceremony and thematic lectures at the Grand Ballroom, MGM Macau at 10:00 am on May 17^th. The Secretary for Transport and Public Works, Raimundo Arrais do Rosário, presided over the ceremony. The Director of CTT, Lau Wai Meng, gave a speech. The theme of WTISD this year is "Empowering the least developed countries through information and communication technologies", which aiming to accelerate sustainable development in the places where international assistance is needed the most and to tap the full potential of the Least Developed Countries helping them make progress on the road to prosperity, including to ensure everyone has the opportunity to access high-quality Internet.
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Information from the Statistics and Census Service (DSEC) indicated that total spending of visitors (excluding gaming expenses) surged by 127.1% year-on-year to MOP14.98 billion in the first quarter of 2023, driven by an uplift of 163.7% in the number of visitor arrivals. Total spending of overnight visitors (MOP12.34 billion) and same-day visitors (MOP2.64 billion) leapt by 131.5% and 108.7% year-on-year.
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The swimming pool of Tamagnini Barbosa Sports Centre has been temporarily closed with immediate effect until further notice due to the failure to meet the required water quality standards. A series of cleaning and disinfection works will be carried out to ensure the safety of the public. The Sports Bureau regrets any inconvenience caused by the temporary closure of the swimming pool and appreciate the public’s understanding.
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