News

The 2023 Macao International Environmental Co-operation Forum & Exhibition (2023MIECF) will be held from 17 to 20 August. One of the highlight activities, “Green Business Co-operation Day: Green Forum Session 1”, will be staged at 2:30pm on the first day of the event (17 August) at the Sicily Meeting Room in the Venetian Macao. Building on last year’s co-operation achievements, the Green Forum will be co-organised by the Macao Trade and Investment Promotion Institute (IPIM) and PricewaterhouseCoopers (PwC) once again under the theme of “Green x Innovation x Business Opportunities – Empowering the Sustainable Development of Bleisure Tourism”. Registration for the session is now open.
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In order to promote public appreciation and participation in culture and arts, as well as to build more performance platforms for local artistic and cultural practitioners, the Cultural Affairs Bureau (IC, from the Portuguese acronym) will hold evening concerts at Lai Chi Vun Shipyards in the second half of each month, between July and November, gathering musicians from various regions and different languages to present a variety of musical performances in different music genres and promote exchanges. The concert “lively and poetic melodies” will be held at 4pm on 19 August. Admission is free. Residents and tourists are welcome to participate.
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Information from the Statistics and Census Service (DSEC) indicated that visitor arrivals grew by 24.9% month-on-month to 2,759,544 in July 2023; besides, the figure represented a surge of 28,176.9% year-on-year, mainly due to an increase in visitors as well as a relatively low base of comparison in July last year. Overnight visitors (1,431,681) and same-day visitors (1,327,863) soared by 55,607.4% and 18,370.8% year-on-year respectively. Meanwhile, the average length of stay of visitors dropped by 7.0 days year-on-year to 1.3 days; the duration for overnight visitors (2.3 days) decreased by 23.1 days year-on-year, while that for same-day visitors (0.3 day) went up by 0.2 day.
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Information from the Statistics and Census Service (DSEC) indicated that receipts of the interviewed restaurants & similar establishments surged by 104.5% year-on-year in June 2023. All types of interviewed establishments registered a year-on-year rise in receipts, with receipts of Western Restaurants (+164.3%), Chinese Restaurants (+146.7%) and Local Style Cafes, Congee & Noodle Shops (+90.1%) showing notable growth. In addition, sales of the interviewed retailers rose by 80.6% year-on-year in June. Sales of Department Stores, Watches, Clocks & Jewellery Retailers, Leather Goods Retailers and Adults' Clothing Retailers increased by over 100%, whereas only the sales of Supermarkets (-14.2%) decreased.
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The Judiciary Police (PJ) has recently uncovered a scam where swindlers randomly send promotional SMS messages to residents, alleging they are senior analysts from some investment firms. They claim they have an investment plan with returns several times the initial amount and attach a link in the SMS for victims to contact them.
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M&C Asia, a prestigious MICE magazine in Asia, has honoured Macao with the “M&C Asia Stella Awards - Best Convention City (Asia)”.
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The Monetary Authority of Macao announced today (16 August) that the preliminary estimate of Macao SAR’s foreign exchange reserves amounted to MOP217.4 billion (USD27.07 billion) at the end of July 2023. The reserves increased by 0.8% from the revised value of MOP215.7 billion (USD26.72 billion) for the previous month. Macao SAR’s foreign exchange reserves at end-July 2023 represented 11 times the currency in circulation or 87.8% of pataca M2 at end-June 2023.
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Information from the Statistics and Census Service (DSEC) indicated that total spending of visitors (excluding gaming expenses) surged by 354.6% year-on-year to MOP17.48 billion in the second quarter of 2023. Total spending of overnight visitors (MOP14.58 billion) and same-day visitors (MOP2.90 billion) soared by 415.0% and 186.2% year-on-year respectively. In the first half of 2023, total spending of visitors amounted to MOP32.46 billion, an uplift of 210.9% year-on-year.
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In celebration of the Mid-Autumn Festival, the Haojiang Moonlight Night – Dance Drama “The Eternal Wave” by Shanghai Dance Theatre will be held on 22 and 23 September, at 8pm, at the Macao Cultural Centre Grand Auditorium. Tickets will be on sale from 19 August (Saturday) through the Macau Ticketing Network. The dance drama is the selected programme of the National Art Troupes Performance Season in Macao, and is organized by the Ministry of Culture and Tourism of the People’s Republic of China and the Secretariat for Social Affairs and Culture of the Macao Special Administrative Region Government, co-organized by the Department of Publicity and Culture of the Liaison Office of the Central People’s Government in the Macao SAR, and coordinated by the Cultural Affairs Bureau of the Macao SAR Government and the Shanghai Municipal Administration of Culture and Tourism.
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