News

Information from the Statistics and Census Service (DSEC) indicated that a total of 3,010 building units and parking spaces were purchased and sold in the third quarter of 2019 as per Stamp Duty record, and the total value of transactions was MOP17.48 billion, down by 16.2% and 12.8% respectively quarter-to-quarter.
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In June 2019, the CCAC received a report from “workers of the Policy Research and Regional Development Bureau”, who mentioned a number of irregular acts carried out by Mi Jian as the Director of the Policy Research and Regional Development Bureau (DSEPDR) and as the Chief of the former Policy Research Office and requested for the CCAC’s investigation. Following the investigation, the CCAC considered that most of the allegations mentioned in the report were unable to be substantiated or did not constitute a violation of law. However, the DSEPDR has hired workers without going through open recruitment processes. Such practices did not accord with the principles of fairness and openness set up in the legal regime of recruitment of public servants of the Macao SAR.
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In June 2019, the Association of Synergy of Macao filed a report to the CCAC indicating that the Supporting Office to the Permanent Secretariat of the Forum for Economic and Trade Co-operation between China and Portuguese-speaking Countries (GASPF) had hired five people from the Chinese mainland as translators/interpreters under labour contract, raising doubts on violation of the provisions that require priority to be given to local candidates. The association requested the CCAC to investigate the legality of the employment.
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Liu Jianhong, Distinguished Professor in the Department of Sociology, University of Macau (UM), who is also the associate dean (research) of the Faculty of Social Sciences, has been re-elected president of the Scientific Commission of the International Society for Criminology (ISC) during the organisation’s 19^th World Congress. Prof Liu will serve a five-year term from 2019 to 2024.
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According to the statistics released today by the Monetary Authority of Macao, the proportion of international business in the local banking sector fell in the third quarter of 2019. At end-September 2019, the share of international assets in total banking assets decreased to 85.4% from 85.9% at end-June 2019, while the share of international liabilities in total banking liabilities fell to 81.9% from 82.1%.
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Information from the Statistics and Census Service (DSEC) indicated that the economy of Macao in the third quarter of 2019 contracted by 4.5% year-on-year in real terms, mainly attributable to a larger decline in exports of services. External demand continued to slow, with exports of services falling by 4.7%; meanwhile, exports of goods edged up by 0.5%. Domestic demand decreased at a slower pace; gross fixed capital formation dropped by 8.5% whereas private consumption expenditure and government final consumption expenditure rose by 2.8% and 4.3% respectively. Imports of goods and services increased by 1.6% and 2.1% respectively. The implicit deflator of GDP, which measures the overall changes in prices, went up by 2.4% year-on-year in the third quarter of 2019.
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Organized by the Cultural Affairs Bureau (IC, from the Portuguese acronym), the “2019 Macao International Parade”, celebrating the 20^th anniversary of Macao’s Handover to China, will be held on Sunday, 8 December. Extraordinary performing groups from all over the world and local artists will amplify their creativity and present the theme of this year’s Parade on the cultural and artistic characteristics of countries and regions along the initiative “One Belt, One Road”, bringing a festive atmosphere of the Parade as “an annual celebration for the entire city – VIVA!”.
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