News

The Monetary Authority of Macao announced today that the preliminary estimate of Macao SAR’s foreign exchange reserves amounted to MOP215.8 billion (USD26.86 billion) at the end of November 2021. The reserves increased by 1.3% from the revised value of MOP213.1 billion (USD26.60 billion) for the previous month. Macao SAR’s foreign exchange reserves at end-November 2021 represented 11 times the currency in circulation or 89.4% of pataca M2 at end-October 2021.
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The University of Macau (UM) Centre for Macau Studies (CMS) today (14 November) held a seminar titled ‘Construction and Development of the Guangdong-Macao In-Depth Cooperation Zone’. Experts and scholars attended the seminar to discuss the construction and development of the Guangdong-Macao In-Depth Cooperation Zone (Cooperation Zone) in Hengqin from various perspectives, including system establishment, policy planning, talent development, and public administration.
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The initial review for the “6^th Subsidy Programme for the Production of Original Song Albums”, organised by the Cultural Affairs Bureau (IC, from the Portuguese acronym), has been concluded recently. The jury has selected six entrants under the album category and ten entrants under the mini album category for the second review of the programme. The selected candidates are (in arbitrary order): under the album category – Wong Hin Cheng, Tang Chi Fong, Filipe António da Silva Baptista, Sou Io Kuong, Leong Chi Long, and Loi Hou Kun; under the mini album category – Nunes Pestana Da Silva Caetano, João, Io Lou Ian, Pang Weng Sam, Si Iek Chun, Lei U Fui, Lam Shou En, Ian Hao I, Roberto Madan, Chan I and Tam Pou Ieng. Selected candidates who successfully pass the second review will be granted a subsidy of up to MOP270,000 and MOP135,000 respectively for the music production of the selected album. Selected candidates will be notified by IC via telephone and email. The date and venue for the second review will be announced later.
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Trip.com Group, a global one-stop travel service platform, successfully held its 2021 Global Partner Summit for the first time in Macao on 9 December. As a continuous effort to promote Macao’s MICE strengths and diverse tourism resources, the Macao Trade and Investment Promotion Institute (IPIM) organised the “MICE Environment Experience Tour” yesterday (10 December) for over 120 participating traders to experience Macao’s MICE software and hardware facilities as well as its peripheral tourism and gastronomic offerings, to revitalise the community economy and promote the strengths of “tourism + MICE” among the participants.
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Recently, Students of the Electronic Service Application Course of the MPI Seniors Academy, led by Miss Chan Chio Lai to visit the Bank of China Macau Branch (San Ma Lou sub-branch). The ACS expects that by participating in this tour, students will gain a better understanding of various e-banking services by combining actual operation with the content of daily e-courses, as well as experience the ease that electronic technology provides.
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In order to expand students’ horizons and to activate the academic atmosphere, the School of Business of Macao Polytechnic Institute recently held an academic forum on the "Moderate Economic Diversity and Sustainable Development of Macao", which has also been one of the key activities to help celebrate the 40th anniversary of the establishment of the Macao Polytechnic Institute. This forum invited three MPI alumni, including Song Wai Kit, President of the Macau Responsible Gaming Association; Leung Sio Kei, President of the Youth Association of Returned Overseas Chinese Macau, and Meng Zhanchen, Assistant Vice President of the Investment Banking Department of a well-known securities company in mainland China, as guest speakers, and Tang Chi Fong, a PhD student of the Macao Polytechnic Institute, as host.
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The University of Macau (UM) today (13 December) held a Doctor honoris causa Lecture in celebration of its 40th anniversary. Chio Fai Aglaia Kong, recipient of an honorary doctorate from UM, gave a talk titled ‘Innovations for Billions’ to analyse innovation opportunities in today’s world under various global factors. The event attracted UM faculty members and students, teachers and students from local secondary schools, industry practitioners, and prominent members of the community.
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Organised by the Cultural Affairs Bureau (IC, from the Portuguese acronym) and co-ordinated by the Macau Productivity and Technology Transfer Center (CPTTM), the “Style．Encounter Moment” Fashion Parade of the Subsidy Programme for Fashion Design on Sample Making was held at the Macao Fashion Festival 2021 in Hall B of The Venetian Macao on 12 December.
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