Macao SAR Government Portal
News
Interest Income of the Year Distributed to Non-Mandatory Central Provident Fund System’s Government-Managed Sub-Accounts, Annual Interest Rate is About 4.39%
The Social Security Fund (abbreviated to FSS in Macao) announced that the interest income for the year 2023 had been credited to the non-mandatory central provident fund system’s government-managed sub-accounts, with an annual interest rate of about 4.39%. To check the balance of the relevant sub-account, residents may either log in to the non-mandatory central provident fund information platform or the “Macao One Account” mobile app or online platform, using the “Macao One Account”. They can also check the balance through a self-service machine.
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Foreign exchange reserves and nominal effective exchange rate index for the pataca – December 2023
The Monetary Authority of Macao announced today (15 January) that the preliminary estimate of Macao SAR’s foreign exchange reserves amounted to MOP223.6 billion (USD27.77 billion) at the end of December 2023. The reserves increased by 1.3% from the revised value of MOP220.6 billion (USD27.44 billion) for the previous month. Macao SAR’s foreign exchange reserves at end-December 2023 represented 11 times the currency in circulation or 91.0% of pataca M2 at end-November 2023.
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2024 MGM Macao International Regatta successfully concluded
The 2024 MGM Macao International Regatta, organized by the Sports Bureau of the Macao SAR Government, MGM and the Ursa Major Sailing Management, co-organized by theMarine and Water Bureau of the Macao SAR Government and the Macau Sailing Association, and supported by the Zhuhai Culture, Radio, Television, Tourism and Sports Bureau, officially concluded today. After four days of thrilling sailing races, Canados Sailing Team from Germany, Muwu BBQ from Mainland China and Team Yacht Racing of Thailand were crowned overall champions in the Macao Cup International Regatta (Beneteau First 40.7 unified design group), the Guangdong-Hong Kong-Macao Greater Bay Area Cup Regatta (IRC group) and the International Catamaran Invitational (Hobie 16 unified design group), respectively.
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UM holds Open Day in Macao and Hengqin, showcasing its vision and development direction
The University of Macau (UM) held its open day event today (14 January). Titled ‘UM Open Day 2024: Connecting Macao and Hengqin’, this year’s Open Day was held in both Macao and Hengqin for the first time, showcasing the latest achievements of the university and the Zhuhai UM Science & Technology Research Institute (ZUMRI) in teaching and research, talent cultivation, and industry-academia collaboration. The event attracted many students, parents, members of the public and visitors, who came to learn about the admission information, education model, and campus culture of the university. Yonghua Song, rector of UM, said that the Open Day is a manifestation of UM’s vision and development direction, and the university plans to establish a new campus in Hengqin.
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Fierce competition on the third day of the 2024 MGM Macao International Regatta
The penultimate day of the 2024 MGM Macao International Regatta saw teams fighting for leading positions in their respective championships. Strong wind conditions made for some exciting racing. Canados Sailing Team from Germany climbed to pole position in the standings of the Macao Cup International Regatta (Beneteau First 40.7 unified design group), following the retirement of overnight leaders ExeQute Racing from South Africa. Meanwhile, Muwu BBQ and Team Yacht Racing of Thailand maintained their overall lead in the Guangdong-Hong Kong-Macao Greater Bay Area Cup Regatta (IRC group) and the International Catamaran Invitational (Hobie 16 unified design group), respectively. All teams will continue to show their best tomorrow to fight for the overall champions title.
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IFTM Students engaged in a memorable Q&A session with Chef Gordon Ramsay
Gordon Ramsay, the globally acclaimed chef and restaurateur visited Macao. During his visit, students from the Macao Institute for Tourism Studies (IFTM), enrolled in the Culinary Arts Management bachelor degree programme and accompanied by alumni, had the exceptional opportunity to partake in a thought-provoking Question and Answer session with Chef Ramsay. The session took place at the newly established Gordon Ramsay Pub & Grill at The Londoner Macao.
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IFTM Students Collaborate on Rural Revitalisation Project in Jiangmen Rural Village
The Macao Institute for Tourism Studies (IFTM) is dedicated to offer students with practical opportunities related to entrepreneurship. Students from Tourism Retail and Marketing Management programme have embarked on an industrial project aimed at supporting the rural revitalisation of ChaKeng Village in Jiangmen.
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Racing action resumed on the second day of the 2024 MGM Macao International Regatta
Racing bursts into life on the second day of the 2024 MGM Macao International Regatta. ExeQute Racing, Muwu BBQ and Team Yacht Racing of Thailand maintained their overall lead in the Macao Cup International Regatta (Beneteau First 40.7 unified design group), the Guangdong-Hong Kong-Macao Greater Bay Area Cup Regatta (IRC group) and the International Catamaran Invitational (Hobie 16 unified design group), respectively.
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【Single-day visitor arrivals peak at 175,000 on New Year's Eve】Visitor arrivals in 2023 reach 28.23 million and 70% of pre-pandemic level
Provisional statistics indicate an approximate total of 28.23 million visitor arrivals in Macao in 2023 and an average daily volume of 77,000 visitors, rebounding to 70% of the levels in 2019. On New Year’s Eve yesterday (31 December 2023), the number of visitors reached 175,030, the highest single-day record in 2023 and since after the pandemic.
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