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Xia Baolong on fifth day of inspection tour in Macao
The Director of the Hong Kong and Macao Work Office of the Communist Party of China Central Committee and the Director of the State Council’s Hong Kong and Macao Affairs Office, Mr Xia Baolong, today visited tertiary education institutions, a science and technology park, and medical facilities.
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【Target summer season for market expansion】MGTO holds Experience Macao Carnival in Hong Kong to boost visitations
Seizing the golden opportunity before the summer holidays begin, Macao Government Tourism Office (MGTO) holds a roadshow named “Experience Macao” Carnival in Hong Kong from 17 – 19 May, to showcase Macao’s offerings of “tourism +” to Hong Kong residents. The roadshow spotlights Macao’s festivals and events and promotes discounted tourism products for summer vacations, to tap into the potential of different market segments and energize Hong Kong residents’ intention to visit Macao. The event is part of the endeavor to expand visitor markets and steer the tourism economy forward.
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Lei Wai Nong: Utmost effort to polish Macao’s ‘golden business card’ as an international metropolis
The Secretary for Economy and Finance, Mr Lei Wai Nong, today said his department’s team would spare no effort to unite the business community, and consolidate and fully utilise Macao's unique advantages. This is in a bid to polish further Macao’s “golden business card” as an international metropolis, as mentioned by Director Xia Baolong, and therefore promoting the city’s high-quality economic and social development.
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Private sector construction and real estate transactions for the 1st quarter of 2024
Information from the Statistics and Census Service (DSEC) indicated that a total of 965 building units and parking spaces were purchased and sold in the first quarter of 2024 as per Stamp Duty record, and the total value of transactions was MOP4.76 billion, up by 19.0% and 26.6% respectively quarter-on-quarter. Purchase and sale of residential units increased by 48 quarter-on-quarter to 573 units, and the total value went up by 16.7% to MOP3.34 billion. Number of existing residential units transacted (530 units) grew by 20.7% and the transaction value (MOP3.11 billion) swelled by 27.6%. Moreover, transaction volume (43 units) and value (MOP 230 million) of pre-sale residential units declined by 50.0% and 45.7% respectively quarter-on-quarter.
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