News

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The University of Macau (UM) Centre for Macau Studies and Department of Economics have released the revised version of the Macroeconomic Forecast for Macao 2022. Based on two different scenarios, the research team estimates that economic growth will drop between 26.4% and 29.2%; exports of services will drop between 31.3% and 33.6%; and the current revenue of the Macao SAR government is expected to be between MOP 29.3 billion and MOP 33.3 billion.
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Information from the Statistics and Census Service (DSEC) indicated that licensed motor vehicles in Macao totalled 247,715 as at end-August 2022, up by 0.8% year-on-year; light automobiles (113,373) and heavy motorcycles (106,944) rose by 0.8% and 2.3% respectively. New registration of motor vehicles in August grew by 0.8% year-on-year to 1,025 (including 212 electric vehicles), with that of light automobiles rising by 3.9% to 395 (115 of them were electric). In the first eight months of 2022, new registration of motor vehicles fell by 27.2% year-on-year to 6,235. Number of traffic accidents in August dropped by 10.0% year-on-year to 911, with 326 persons injured. From January to August 2022, there were 7,220 traffic accidents, which resulted in 5 deaths and 2,564 injuries.
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The Online Book Shop launched by the Cultural Affairs Bureau (IC, from the Portuguese acronym) has been well received by local and overseas readers since its establishment. In appreciation of readers’ support, an annual promotion will be launched from 1 to 31 October. Readers may receive, by each transaction, a set of exquisite Jao Tsung-I Academy bookmarks for any book purchase on the Online Book Shop during the abovementioned period. The gifts are available while stocks last. In addition, readers may enjoy a 10% off on a variety of new books and selected publications, as well as 50% and 10% off on back issues and recent issues of Review of Culture, respectively.
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To welcome the National Day Golden Week Holiday from 1 to 7 October 2022, Macao Government Tourism Office (MGTO) has poured greater efforts in destination marketing and promotion of special offers, alongside a range of wonderful activities. Preparations are made to welcome visitors as a new impetus to tourism and economic revival.
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The Identification Services Bureau (DSI) continuously improves online services related to the registration of association and foundation. Starting from 28^th September 2022, citizens who lodge the application for the Certificate of Existence of Registration Record of an association or foundation through the “Macao One Account” can choose to receive the certificate in electronic form, which allows citizens to go through the entire application procedures online without leaving home.
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This year’s International Infrastructure Investment and Construction Forum – the 13^th IIICF – has added presentations to its agenda to promote Macao’s MICE industry. Two presentation sessions were held – one online and one offline – attracting the participation of more than 60 representatives from large infrastructure enterprises in the Mainland and the MICE industry chain in Macao. Through the presentations, IIICF organisers hoped to create a cross-sectorial platform for the MICE industry, enhancing the “industries + MICE” collaboration by leveraging various preferential measures for Macao.
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Jointly organised by the China International Contractors Association and the Macao Trade and Investment Promotion Institute (IPIM), the 13^th International Infrastructure Investment and Construction Forum kicked off today (28 September), gather more than 1,300 elites to discuss direction of policies, financial innovation, environmental, green and low-carbon development and digital application, jointly build a sustainable future.
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The Macao Polytechnic University (MPU) and the Asia-Pacific Quality Network (APQN) are jointly organising “The 14^th Higher Education International Conference on Online Teaching and Sustainable Quality Assurance: Challenges and Perspectives”, with the call for papers until October 24^th. Experts and scholars of higher education in Macao and around the world are cordially invited to participate and publish papers in related fields. The conference aims to continuously enhance the quality of teaching and learning in higher education as well as to strengthen the cooperation between Macao and overseas higher education institutions, and explores the challenges and perspectives of sustainable online teaching and quality assurance in higher education in the post-pandemic era.
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The Monetary Authority of Macao (AMCM) releases today the preliminary balance of payments (BOP) statistics of Macao SAR for the reference year 2021. The BOP, which comprises the current account, the capital account and the financial account, is a statistical statement that summarises external transactions of an economy with the rest of the world.
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