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“Macao Week in Shandong•Qingdao” will commence in early September The glamorous roadshow draws travelers to Macao for National Day holiday
【DST】“Macao Week in Shandong•Qingdao” will commence in early September The glamorous roadshow draws travelers to Macao for National Day holiday
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MGTO unfolds Caravan Roadshow Series across Greater Bay Area First roadshow kicks off in Zhuhai today
Macao Government Tourism Office (MGTO) kicked off the “Experience Macao, Unlimited” Caravan Roadshow Series across the Greater Bay Area in Zhuhai, the first stop of its grand tour. The first roadshow was unveiled at Aoyuan Plaza today (28 August), where a caravan is in the spotlight to attract Zhuhai residents for an impressive encounter with Macao’s elements of “tourism +” until tomorrow. The Roadshow Series represents part of the Office’s diverse efforts to bring travelers to Macao from the Greater Bay Area to propel tourism and economic recovery.
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Exhibition at the “Macao SME Pavilion” Is Nearly Two Times Oversubscribed The 27th MIF Facilitates SMEs’ Upgrading and Transformation through Various Measures
The exhibitor applications for the Macao SME Pavilion at the 27th Macao International Trade and Investment Fair (27th MIF), which is organised by the Macao Trade and Investment Promotion Institute (IPIM), have been completed. The number of booths at the Pavilion has increased from 80 to 160 compared with the previous edition. 292 enterprises applied to exhibit at the pavilion, marking an oversubscription of nearly two times.
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CE raises four aspirations regarding amendment to Law on Safeguarding National Security
The Chief Executive, Mr Ho Iat Seng, said that the amendment to the law is a significant event this year regarding the Macao Special Administrative Region (MSAR) Government’s policy in terms of safeguarding national security. The matter was closely related to the long-term stability of the nation, and the sustainable prosperity and stability of Macao. The Chief Executive proposed four aspirations for all sectors regarding the amendment to the law.
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Gross domestic product for the 2nd Quarter of 2022
Information from the Statistics and Census Service (DSEC) indicated that, in the wake of the latest wave of the pandemic, Gross Domestic Product (GDP) declined by 39.3% year-on-year in real terms in the second quarter of 2022. (A year-on-year fall of 66.3% in GDP was recorded in the second quarter of 2020.) Number of visitor arrivals went down by 27.5% year-on-year in the second quarter of 2022 amid the pandemic, with that of overnight visitors decreasing by 47.0%. As a result, exports of services dipped by 48.6% year-on-year, of which exports of gaming services and exports of other tourism services tumbled by 69.6% and 41.4% respectively; besides, exports of goods dropped by 36.0%. Domestic demand shrank further by 12.2% year-on-year owing to a decline in gross fixed capital formation. Imports of goods and services reduced by 20.0% and 12.0% respectively. The implicit deflator of GDP, which measures the overall changes in prices, went down by 0.9% year-on-year.
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Employment survey for May – July 2022
Information from the Statistics and Census Service (DSEC) indicated that the general unemployment rate and the unemployment rate of local residents for May-July 2022 rose by 0.4 and 0.6 percentage points from the previous period (April-June 2022) to 4.1% and 5.4% respectively, owing to the suspension of most industrial and commercial activities during the “relatively static” period amid the latest wave of the pandemic. Besides, the underemployment rate increased by 9.3 percentage points to 13.4%.
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Cheoc Van Swimming Pool and Cheoc-Van Nautical Centre to resume service
After emergency repair work and cleaning, Cheoc Van Swimming Pool and Cheoc-Van Nautical Centre of the Sports Bureau, which were affected by typhoon earlier, will reopen on 27 August (Saturday). Online booking service have also resumed for pre-purchase ticket two days in advance and online purchase on-the-spot ticket for Cheoc Van Swimming Pool to allow the public to continue swimming activities and exercises.
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