News

The University of Macau (UM) held the ‘Smart Gathering in Macao and Hengqin, Powering the Future—2026 Forum on Smart Grid Development and Talent Strategies’ in the first phase of the Macao-Hengqin International Education (University) Town. Themed ‘New Opportunities and Challenges amid Energy Transition’, the forum brought together experts, scholars, and industry representatives from leading power and energy companies, universities, and research institutions. They engaged in discussions on topics such as the operation and control of new power systems, next-generation power dispatch and control, and the empowerment of artificial intelligence in talent cultivation for the power sector. On the occasion of the forum, the Department of Electrical and Computer Engineering of the UM Faculty of Engineering held an orientation day for the first cohort of 33 students enrolled in its Master of Science in Smart Power Grid programme. The launch of the programme marks a significant step forward in UM’s commitment to cultivating high-calibre professionals in the power sector.
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Macao Government Tourism Office keeps branding the destination in Southeast Asia through innovative initiatives. Tailored for visitor markets in Singapore, Indonesia, Malaysia and Thailand, the Office has commissioned productions of multilingual mini drama series featuring Macao’s scenery filmed at iconic landmarks and vibrant communities. In parallel with the Macao Economic, Trade and Tourism Investment Promotion Seminars held by the SAR Government in Singapore, Indonesia and Malaysia, the drama series are set to elevate Macao’s visibility and allure across Southeast Asia, in turn widening the international visitor markets.
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Information from the Statistics and Census Service (DSEC) indicated that the average occupancy rate of guest rooms of hotel establishments stood at 91.6% in July 2026, an uplift of 0.5 percentage points year-on-year. The rates for 5-star (94.2%) and 4-star hotels (90.3%) showed respective year-on-year growth of 0.2 percentage points and 3.8 percentage points, whereas the rate for 3-star hotels (85.5%) dropped by 1.5 percentage points.
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According to statistics released today (28 August) by the Monetary Authority of Macao, funding costs of the banking sector in Macao fell slightly in the second quarter of 2026.
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Information from the Statistics and Census Service (DSEC) indicated that the unemployment rate of local residents (2.4%) for May - July 2026 stayed the same as in the previous period (April - June 2026), while the underemployment rate of local residents (2.2%) decreased by 0.1 percentage point.
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The Monetary Authority of Macao (AMCM) releases today (28 August) the preliminary balance of payments (BOP) statistics of Macao SAR for the reference year 2025. 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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Information from the Statistics and Census Service (DSEC) indicated that number of persons engaged in the Transport, Storage & Communications sector (16,436) and Security Activities (13,590) increased by 11.4% and 2.9% respectively year-on-year at the end of the second quarter of 2026, while number of those in Wholesale & Retail Trade (65,803), the Gaming sector (52,992) and Public Sewage & Refuse Disposal Activities (909) decreased by 1.6%, 0.3% and 2.3% respectively.
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Information from the Statistics and Census Service (DSEC) indicated that the electronic payment transaction values (hereinafter referred to as transaction values) for restaurants & similar establishments and retail trade in July 2026 increased by 3.1% and 6.3% year-on-year respectively. In the first seven months of 2026, the transaction values for these two industries showed respective growth of 1.9% and 14.3% year-on-year.
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Macao Government Tourism Office (MGTO) has arranged for representatives of twelve tourism associations and integrated resort enterprises from Macao to visit Singapore, Jakarta (Indonesia) and Kuala Lumpur (Malaysia) between 29 August and 5 September as part of the delegation visit led by the Macao SAR Government. During the stay, MGTO will lead the travel trade delegation to meet with tourism-related organizations and enterprises there and take part in the Macao Economic, Trade and Tourism Investment Promotion Seminar to present Macao’s vibrant appeal of “tourism +” to their counterparts in the three countries, while strengthening industry exchange and exploring business opportunities in Southeast Asia, in continuous pursuit of international visitor markets.
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