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Business climate survey on restaurants & similar establishments and retail trade for September 2023
Information from the Statistics and Census Service (DSEC) indicated that receipts of the interviewed restaurants & similar establishments went up by 35.9% year-on-year in September 2023; receipts of Western Restaurants, Chinese Restaurants and Local Style Cafes, Congee & Noodle Shops grew by 68.5%, 46.5% and 35.3% respectively, whereas those of Japanese & Korean Restaurants dropped by 27.9%. In addition, sales of the interviewed retailers rose by 14.4% year-on-year in September, with relatively large growth in the sales of Adults' Clothing Retailers (+35.9%) and Leather Goods Retailers (+32.5%).
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Private sector construction and real estate transactions for the 3rd quarter of 2023
Information from the Statistics and Census Service (DSEC) indicated that a total of 1,030 building units and parking spaces were purchased and sold in the third quarter of 2023 as per Stamp Duty record, and the total value of transactions was MOP5.09 billion, down by 24.7% and 31.6% respectively quarter-on-quarter. Purchase and sale of residential units decreased by 250 quarter-on-quarter to 628 units, and the total value fell by 29.6% to MOP4.07 billion. Number of existing residential units transacted (609 units) dropped by 26.7% and the transaction value (MOP3.94 billion) went down by 28.1%. Besides, transaction volume (19 units) and value (MOP 130 million) of pre-sale residential units declined by 59.6% and 57.0% respectively quarter-on-quarter.
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IFTM launches postgraduate programmes in events management for the upcoming academic year
The Macao Institute for Tourism Studies (IFTM) is to expand its portfolio of programmes with the introduction of two postgraduate programmes in events management. The two programmes are planned for the 2024/2025 academic year and will be in effect after being published in MSAR Gazette.
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Macao Polytechnic University hosts recognition ceremony to honour University Teams
In recognition of outstanding team members from the University Teams at Macao Polytechnic University (MPU) and to encourage students’ active participation in various competitions and activities, MPU held the “2023 University Teams Recognition Ceremony” on November 15th in the university Auditorium. Vice-Rector of MPU, Dr. Lei Ngan Lin, and Deans from various faculties attended the event and presented recognition certificates to the University Teams. As MPU continues to cultivate well-rounded professional talents, it also strives to enhance students’ patriotism and comprehensive qualities, cultivating more outstanding talents for the country and Macao. Over 200 people attended the recognition ceremony, creating a joyful and heartwarming atmosphere.
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