Macao SAR Government Portal
News
Monetary and financial statistics – February 2022
According to statistics released today by the Monetary Authority of Macao, broad money supply retreated in February. Meanwhile, resident deposits decreased from a month ago whereas loans to residents posted an increase.
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“Stay, Dine and See Macao” rolls out new itineraries and elements Self-choice itinerary spikes in popularity Over 4,700 residents signed up in the first quarter
As the “Stay, Dine and See Macao” project carries on this year, local tours are regularly enhanced and woven with fresh elements. New itineraries and greater discounts unfold from April onwards. Macao residents are encouraged to explore and spend in the local community, where local tours lead to more robust growth in economic activities.
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The amended Law on “Prohibition of Providing Illegal Accommodation” effective on 1 April Greater force unfolds to combat illegal accommodation
The Macao Special Administrative Region Government first enforced the Law on "Prohibition of Providing Illegal Accommodation" in 2010 to crack down on illegal accommodation in residential buildings. Riding on changes in the social environment, illegal hostels became more shrouded and posed hidden threat to community safety, arousing concern in different circles of the society. To strengthen legal mechanisms against such illicit operations, the Government formulated the Law No. 3/2022 as Amendments to the Law No. 3/2010 on "Prohibition of Providing Illegal Accommodation". Effective from today (1 April), the amended law is grounded on thorough consideration of opinions from different sectors of the city.
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Starting April, Employers with No Staff Change Not Required to Report and can Make their Payments through Electronic Channels
Starting from the contribution month of April 2022 (i.e. payment for contributions of the first quarter of 2022), in order to simplify the reporting procedures and open up payment channels for employers, employers whose long-term employees have no changes in employment situation are not required to report again, and they can directly pay contributions through designated electronic payment channels using the contribution payment advice. In addition, employers who have hired a non-resident worker may also pay the employment fee through designated electronic channels.
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Philatelic Gifts Spring and Summer Sale
To embrace spring and summer, we are delighted to extend the special offer of selected philatelic products to 30th June 2022. The following 43 designated products are offered with special discounts to philatelists at the Philatelic Shop of General Post Office, Red Market Post Office, Carmo Post Office and Nova Taipa Post Office.
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