News

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The Chief Executive, Mr Ho Iat Seng, told members of the Legislative Assembly that the Government had organised a trade delegation – including representatives from the Guangdong-Macao Intensive Cooperation Zone in Hengqin – to visit Portugal by the end of April, with an aim was to promote Macao overseas, and offer insights regarding the latest investment opportunities available in the Cooperation Zone in Hengqin.
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The 41^st Macao Young Musicians Competition, organised by the Cultural Affairs Bureau, dedicated to the piano category, will be held from mid-July to mid-August this year, and the competition repertoire and age requirements for all competition categories have now been announced. In order to access the online registration system of the Competition, all interested participants must register through their account of the “Macao One Account”. All interested piano students who hold a Macao Resident Identity Card are welcome to visit the Macao Young Musicians Competition website at www.icm.gov.mo/CJMM for more details.
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Information from the Statistics and Census Service (DSEC) indicated that the Tourist Price Index (TPI) for the first quarter of 2023 grew by 18.16% year-on-year to 138.20, on account of higher hotel room rates and airfares. Among the various sections of goods and services, price index of Accommodation rose by 124.89% year-on-year, while the indices of Entertainment & Cultural Activities and Transport & Communications increased by 15.68% and 8.11% respectively.
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The Monetary Authority of Macao announced today that the preliminary estimate of Macao SAR’s foreign exchange reserves amounted to MOP215.1 billion (USD26.60 billion) at the end of March 2023. The reserves decreased by 0.8% from the revised value of MOP216.9 billion (USD26.84 billion) for the previous month. Macao SAR’s foreign exchange reserves at end-March 2023 represented 10 times the currency in circulation or 84.1% of pataca M2 at end-February 2023.
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Su Tong, a renowned author, will give a talk titled ‘Ways into Creative Writing’ at the University of Macau (UM) on Tuesday 18 April to share his writing experience and skills.
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The Macao Trade and Investment Promotion Institute (IPIM) and the Chengdu Municipal Bureau of Commerce teamed up to launch the “Business Matching Sessions for Portuguese-speaking Countries’ Wine (Chengdu Station)” yesterday (13 April) at the 108^th China Food & Drinks Fair (CFDF). This event successfully assists Macao enterprises in expanding the wine market in southwest China by leveraging Macao’s role as a distribution centre of Portuguese-speaking Countries’ food products.
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The online registration for the exchange of the Tiger and Rabbit Zodiac banknotes and the previously issued XXIV Olympic Winter Games banknotes will commence at 9:00 am on 17 April 2023. Each Macao resident can conduct a single registration for the exchange via the Authority’s website, and the registration will end at 6:00 pm on 12 May 2023.
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The 19th China (Shenzhen) International Cultural Industries Fair (ICIF) will be held in early June 2023 in Shenzhen. The Cultural Affairs Bureau (IC, from the Portuguese acronym) will arrange for Macao’s cultural and creative industries to participate in this exhibition. Through the establishment of the Macao Creative Pavilion, IC endeavours to promote Macao’s cultural and creative products and services and facilitate industry exchange and development. Applications are now open until 12 p.m. on 19 April. Local organisations or companies in the cultural and creative industries are welcome to submit applications.
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