News

The University of Macau (UM) held the Academic Prize Presentation Ceremony 2026 today (29 May) to present 15 academic prizes to 49 graduating students in various disciplines in recognition of their outstanding academic performance. Throughout this academic year, the university has offered more than 60 types of scholarships and academic prizes, with a total value over MOP 4.5 million, benefiting more than 400 students.
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Organised by the Cultural Affairs Bureau (IC, from the Portuguese acronym), the “3^rd Macao International Children’s Arts Festival” will be held from 30 June until August. The event features a wide range of cultural and artistic activities, including performances, art exhibitions, a film festival, art camps, workshops, an arts carnival and children’s reading sessions, aiming at brightening up children with arts, encouraging children, youth and families to get close to the arts and moving forward in the nourishment of arts. Moreover, the Children’s Arts Festival brings a wealth of cultural and family entertainment experiences, allowing children and adults create unforgettable and thrilling memories with their families during the summer vacations.
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To support the “World Food Safety Day” on 7 June, the Municipal Affairs Bureau (IAM) will hold a series of activities for the “15th Food Safety Week” in June. Through food safety forums with representatives from the sector, talks for the public, speaking tour for associations and schools, and food safety promotion activities, the event seeks to draw the attention of all sectors to food safety, guiding them in navigating correct concepts of food safety and healthy lifestyle.
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“The Scent of Lotus Perfumes the City of Macao - the 26th Macao Lotus Flower Festival” organised by the Municipal Affairs Bureau (IAM) will be held between 12 June and 17 July, during which more than 9,000 pots of lotus flowers will be placed at various locations across Macao besides the main exhibition venue in Avenida da Praia, Taipa, delighting visitors with the beauty of lotus blooms. Meanwhile, a series of exhibitions and activities with rich content will be arranged for visitors to enjoy both physical and sedentary activities. Residents and tourists are welcome to take part in the festival. This year, the Macao Lotus Flower Festival continues to collaborate with the Hengqin Lotus Flower Festival, highlighting their shared thematic flower Nelumbo nucifera‘Xingfen’ that blooms simultaneously in both cities and inheriting the charm of the Chinese lotus to jointly compose a new chapter of cultural and tourism integration in the early summer.
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According to statistics released today (29 May) by the Monetary Authority of Macao, funding costs of the banking sector in Macao generally fell in the first quarter of 2026.
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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 April 2026 increased by 1.6% and 12.0% year-on-year respectively. In the first four months of this year, the transaction values for these two industries showed respective growth of 2.1% and 17.8% year-on-year.
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Information from the Statistics and Census Service (DSEC) indicated that number of persons engaged in Restaurants (29,046), the Manufacturing sector (8,822) and Elderly Care services (1,765) increased by 2.8%, 4.0% and 2.6% respectively year-on-year at the end of the first quarter of 2026. Number of those engaged in Hotels (61,138) remained stable year-on-year while number of those in Financial Activities (8,554), Child-care services (1,358) and the Electricity, Gas & Water Supply sector (1,088) decreased by 0.3%, 3.4% and 0.2% respectively.
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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 90.2% in April 2026, an uplift of 2.4 percentage points year-on-year. The rates for 5-star (93.0%), 4-star (88.2%) and 3-star hotels (84.6%) showed respective year-on-year growth of 2.1 percentage points, 5.8 percentage points and 0.2 percentage points.
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Information from the Statistics and Census Service (DSEC) indicated that the unemployment rate of local residents (2.3%) for February - April 2026 increased by 0.2 percentage points from the previous period (January - March 2026), mainly due to a rise in number of job seekers after the festive holidays. Meanwhile, the underemployment rate of local residents (2.2%) rose by 0.1 percentage point.
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