Macao SAR Government Portal
News
Wanzai checkpoint to resume operations on 23 January 2020
The Wanzai boundary checkpoint in Zhuhai, Guangdong Province, will resume customs clearance operations with effect from 23 January 2020. Macao’s Inner Harbour Ferry Terminal will also resume the ferry service between Macao and Wanzai on the same day. On nearby Hengqin Island, the new Hengqin port boundary checkpoint linking to Cotai would eventually commence operation in phases.
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IFTM Open Day on 5 January
On 5 January, the Macao Institute for Tourism Studies (IFTM) will hold the Open Day at IFTM Mong-Há Campus. Through various activities, visitors will be able to know more about the Institute’s teaching philosophy, learning facilities and environment. The general public and high school students who are interested in joining IFTM are welcome to attend the Open Day.
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UM and CRI promote Chinese culture in lusophone countries via radio programme
UM and China Radio International will jointly launch a weekly radio programme titled ‘Chinese Ideas’
The University of Macau’s (UM) Department of Portuguese (DP) and the Chinese-Portuguese Bilingual Teaching and Training Centre (CPC), with the Department of Portuguese Language of the China Radio International (CRIpor), will jointly launch a weekly radio programme titled ‘Chinese Ideas’. The first edition of the programme will be aired in Portugal and Brazil, on 2 January 2020 and 3 Jan 2020, respectively, via FM overseas of CRI (http://portuguese.cri.cn). The details of the broadcasting can also be viewed at https://cpc.fah.um.edu.mo/.
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Employment survey for September-November 2019
Information from the Statistics and Census Service (DSEC) indicated that the general unemployment rate (1.7%) and the unemployment rate of local residents (2.3%) for September-November 2019 both decreased by 0.1 percentage point from the previous period (August-October 2019). Meanwhile, the underemployment rate held steady at 0.5%.
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External merchandise trade statistics for November 2019
Information from the Statistics and Census Service (DSEC) indicated that total merchandise export for November 2019 amounted to MOP1.13 billion, up by 10.6% year-on-year. Value of re-exports (MOP967 million) increased by 7.6%, with that of Other jewellery (except diamond jewellery) jumping by 286.4%. Value of domestic exports (MOP165 million) rose by 33.1%, with that of Tobacco surging by 243.7%. Total merchandise import grew by 8.3% year-on-year to MOP8.66 billion, of which imports of Beauty, cosmetic & skin-care products, Construction materials and Handbags & wallets expanded by 74.0%, 35.7% and 26.8% respectively; meanwhile, imports of Food & beverages, Watches and Fuels & lubricants dropped by 11.0%, 7.4% and 7.1% respectively. Merchandise trade deficit in November totalled MOP7.53 billion.
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Social Security Benefits and Allowances to be Increased Tomorrow
According to Executive Order No. 212/2019 published in the Official Gazette of the Macao SAR, all pension payments and allowances of the Social Security System will be increased on 1 January 2020. The old age and disability pension will be increased to 3,740 patacas per month. The total number of beneficiaries is expected to be about 136,000. The total annual expenditure is about 5.2 billion patacas, of which old-age pension accounts for 4.6 billion patacas. It is expected that the additional expenditure for the increase in benefits will be about 150 million patacas. Details of the increase are as follows:
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Beneficiaries of Old-Age and Disability Pension can Provide Proof of Life at Self-Service Machine from 9 a.m. on New Year’s Day
The Social Security Fund (abbreviated to “FSS” in Macao) reminds that beneficiaries who are receiving old-age or disability pension from the FSS are required to provide the proof of life in January each year. About 124,000 beneficiaries will be involved in 2020, who can provide the proof of life on the self-service machine as early as 9 a.m. on 1st January using their Macao SAR Resident ID cards.
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Grace period for the exchange of the 20th Anniversary of the Return of Sovereignty of Macao banknotes and the Zodiac Banknotes ending this Friday
The grace period for the exchange of the 20th Anniversary of the Return of Sovereignty of Macao banknotes and for the four previously issued Zodiac Banknotes will end on 3 January 2020 (Friday). The Monetary Authority of Macao would like to remind those registrants who have not yet conducted the note exchange to exchange for their subscribed notes at their previously selected bank on or before this Friday.
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FBA holds interdisciplinary conference for accounting knowledge exchange and big data research
The Faculty of Business Administration (FBA) of the University of Macau (UM) and the Asia Pacific Journal of Accounting & Economics (APJAE) jointly hosted the Eighth Conference of the World Accounting Frontiers Series (WAFS) from 4 December to 6 December 2019 with success. With the theme ‘Accounting and Institutional Infrastructure’, this interdisciplinary conference aimed at bridging the academic-practice gap through big data research and the exchange of a wide spectrum of accounting knowledge.
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