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IPIM Visits the Permanent Secretariat of Forum Macao
The Executive Director of the Macao Trade and Investment Promotion Institute (IPIM) Vincent U and his delegation paid a visit to the Permanent Secretariat of the Forum for Economic and Trade Co-operation between China and Portuguese-speaking Countries (Macao) and met with Secretary-General Ji Xianzheng and other members.
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MGTO resumes promotions in the Mainland Widening source of visitors
Macao Government Tourism Office (MGTO) resumes its offline promotions due to the favorable measures on border crossing between Macao and the Mainland. In late August, the touring caravans named "Experience Macao, Unlimited" roadshow will officially launch, while in early September, the mega roadshow "Shandong•Qingdao Macao Week" will kick off and seize attention. In the meantime, MGTO makes good use of multi-channel promotions and plans to launch a lucky tourist promotional event, providing lucky tourists with a courtesy itinerary and producing a short video of their travel experience to promote Macao through the experience of real tourists.
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Macao, China participated in the virtual annual plenary meeting of the Asia/Pacific Group on Money Laundering in 2022
As a member of the Asia/Pacific Group on Money Laundering (APG), the Financial Intelligence Office (GIF) coordinates the AML/CFT Working Group to participate in the Annual Plenary Meeting of APG as a delegation of Macao, China each year. For this year, the plenary meeting was held in Kuala Lumpur, Malaysia from 24 to 28 July. Due to global COVID-19 pandemic and border control measures in different regions, APG organized, for the first time, its plenary meeting in a hybrid format (in face-to-face and virtual formats simultaneously). Macao, China joined this annual event in virtual format.
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Consumer price index (CPI) for July 2022
Information from the Statistics and Census Service (DSEC) indicated that the Composite CPI for July 2022 (103.95) increased by 1.38% year-on-year. The increment was attributed to higher wages of domestic helpers, rising charges for eating out, as well as dearer prices of gasoline and liquefied petroleum gas; yet, the rise was partially offset by lower rentals for dwellings, falling charges for telecommunication services and reduced prices of pork. Among the various sections of goods and services, price indices of Household Furnishings & Services and Transport grew by 13.18% and 7.35% year-on-year respectively, whereas the index of Communication decreased by 10.09%. The CPI-A (103.68) and CPI-B (104.30) saw respective growth of 1.06% and 1.81% year-on-year.
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Business climate survey on restaurants & similar establishments and retail trade for June 2022
Information from the Statistics and Census Service (DSEC) indicated that the local confirmed cases of coronavirus infection in mid-June 2022 had notable impacts on the business performance of restaurants & similar establishments and retail trade. Receipts of the interviewed restaurants & similar establishments dropped by 34.1% year-on-year in June, with Japanese & Korean Restaurants and Chinese Restaurants recording respective decreases of 42.1% and 40.1%. Meanwhile, sales of the interviewed retailers fell by 32.8% year-on-year in June; Motor Vehicle Retailers (-55.7%), Department Stores (-51.2%), Adults' Clothing Retailers (-44.8%) and Watches, Clocks & Jewellery Retailers (-39.9%) posted a significant decline in sales, while Supermarkets (+28.1%) registered an increase.
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IFTM welcomes 494 new undergraduate and postgraduate students at the online student orientation
Macao Institute for Tourism Studies (IFTM) held a virtual student orientation for the 2022/2023 academic year on 19 August, welcoming a total of 494 new undergraduate and postgraduate students from Macao, Mainland and beyond. During the ceremony, a video of the flag-raising ceremony was played with the national anthem sung solemnly. In the speech to the new students, President Dr. Fanny Vong warmly welcomed them to join the lively and diverse community of IFTM with the academic staff who are committed to providing them with the best possible educational experience and transforming them into outstanding talents who can meet the needs of the industry as well as the society.
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UM holds UAUC joint meeting; Chancellor Ho Iat Seng: drive forward industry-academia collaboration to promote sustainable economic development
The University of Macau (UM) held the Joint Meeting of the University Assembly (UA) and University Council (UC) for the 2021/2022 academic year in its Ho Yin Conference Hall on 18 August. Ho Iat Seng, chief executive of the Macao SAR, chancellor of UM, and chair of the UA, presided over the meeting. In his speech, the chancellor stressed that the SAR government had announced the second five-year plan of Macao, which would serve as a general blueprint for the city’s future development and would create conditions for higher education marketisation as well as research results transfer. UM should build itself on the practical needs of China and Macao and contribute to the sustainable development of Macao's economy and society through providing quality education, conducting key research studies, developing an innovative mode of industry-academia collaboration, and offering community services.
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Epidemic Prevention Measures for the New Academic Year
The new academic year is about to start. In order to protect the health and safety of teachers and students, the Education and Youth Development Bureau (DSEDJ) announced on 12th August the epidemic prevention measures for school opening. Students and teaching staff of tertiary and non-tertiary education are required to return to their usual places of residence (Macao, Zhuhai or Zhongshan) before school starts, and on the school opening day, they should have a negative test result of a NAT taken within 72 hours.
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