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Gross national income for 2018
Information from the Statistics and Census Service (DSEC) indicated that Gross National Income (GNI) at current prices amounted to MOP 406.02 billion in 2018, which was MOP 38.64 billion less than Gross Domestic Product (GDP) at current prices (MOP 444.67 billion), representing a net external factor income outflow of the same amount that was equivalent to 8.7% of GDP in 2018, slightly higher than the value (8.5%) registered in 2017. In 2018, per-capita GNI was MOP 614,950, as compared to per-capita GDP at MOP 673,481.
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Prof Michael Hui appointed UM vice rector (academic affairs)
The University of Macau (UM) has appointed Prof Michael Hui as its vice rector (academic affairs), following a rigorous global search process. A renowned marketing scholar and former pro-vice-chancellor/vice-president at the Chinese University of Hong Kong (CUHK), Prof Hui has garnered rich experience in teaching, research, and management.
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Consumer Council released 8th supermarket price survey report of the current month
The Consumer Council conducted its ‘Supermarket price survey’ of the second-half of December on 26 December for the implementation of Section 2b), Article 10, Law 4/95/M of 12 June. Surveyed locations included 14 supermarkets in N. Sra. de Fátima Parish. Consumers may now check the report data on the Council’s website (www.consumer.gov.mo), the “Supermarket Price Information Platform” app, or the Council’s WeChat account.
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Visitor arrivals for November 2019
Information from the Statistics and Census Service (DSEC) indicated that visitor arrivals totalled 2,910,118 in November 2019, down by 10.9% year-on-year. Same-day visitors (1,501,711) and overnight visitors (1,408,407) dropped by 10.5% and 11.4% respectively year-on-year. The average length of stay of visitors held steady year-on-year at 1.2 days; overnight visitors extended their stay by 0.2 day to 2.4 days, while the duration for same-day visitors stood at 0.2 day.
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CE and delegation return to Macao after visiting Guangzhou and Zhuhai
(Macao – 25 December 2019) The Chief Executive, Mr Ho Iat Seng, said yesterday (24 December) during a trip to Guangdong Province, that the reason for him leading a delegation of the new Government of the Macao Special Administrative Region (SAR) to visit Guangzhou and Zhuhai was in order comprehensively to fulfil the instructions of President Xi Jinping. Those instructions included enhancing cooperation between Guangdong and Macao, and optimising the development of Hengqin through cooperation between Zhuhai and Macao: steps that would help to broaden the scope of Macao’s long-term development, and inject new impetus into it.
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