News

The six-day "5^th China International Import Expo" came to a successful conclusion today (10 November). During the event, Macao enterprises had more than 1,000 business matching sessions. Two live streaming interviews at CIIE conducted by influencers attracted over 70,000 views online.
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The Macao Institute for Tourism Studies hosted the IFTM Scholarship and Fellowship Presentation Ceremony 2022 on 11 November at Grand Hall of IFTM Mong-Há Campus. A total of 297 scholarships and fellowships offered by IFTM and various donors were presented to students with outstanding performance in various fields or financial difficulties.
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Information from the Statistics and Census Service indicated that there were 16,563 wholesale & retail establishments, market stalls and fixed street stalls operating in 2021, an increase of 568 year-on-year; however, total number of persons engaged decreased by 2,957 to 69,437. As the coronavirus pandemic situation was relatively stable compared to 2020, receipts of Wholesale & Retail Trade rose by 34.7% year-on-year to MOP114.19 billion, returning to over 80% of the receipts in 2019. Expenditure stood at MOP104.84 billion, up by 29.7% year-on-year. Gross Surplus surged by 243.7% year-on-year to MOP10.79 billion. Gross Value Added that measures the sectoral contribution to the economy totalled MOP21.41 billion, an uplift of 58.1%. Gross Fixed Capital Formation expanded by 31.7% year-on-year to MOP973 million.
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Information from the Statistics and Census Service (DSEC) indicated that Receipts of the Construction Sector grew by 8.2% year-on-year to MOP56.58 billion in 2021, with Receipts from Construction Works Performed (MOP55.19 billion) rising by 7.8%. Expenditure of the sector increased by 7.7% year-on-year to MOP51.62 billion. Gross Surplus rose by 13.4% to MOP4.97 billion, and Gross Value Added that measures the sectoral contribution to the economy expanded by 12.6% to MOP14.68 billion. Gross Fixed Capital Formation totalled MOP250 million, up by 46.2% year-on-year.
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How to deal with failure to fill in residential address in the “Macao Health Code”
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The “2022 Guangdong & Macao Branded Products Fair” (2022GMBPF), jointly organised by the Macao Trade and Investment Promotion Institute (IPIM) and the Department of Commerce of Guangdong Province, opened today (11 Nov). The Fair will be held from today until 13 November at Cotai Expo Hall D, The Venetian Macao.
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The Macao Grand Prix Museum will hold a total of six workshops for three consecutive weekends (Saturdays and Sundays) from 19 November. These “Dynamic Racing Car Workshops at Macao Grand Prix Museum” are rolled out to spotlight the Macau Grand Prix, spark lively vibes for the prestigious event and enrich the range of “tourism + events” elements.
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