News

The Suncity Group 66^th Macau Grand Prix will be held from November 14-17. The programme includes six races, of which three of the four headliners are official FIA World Cups. The Macau Grand Prix Organizing Committee (MGPOC) held a press conference today (October 17^th) at the Macao Science Center to announce the impressive line-up of international and regional drivers and riders - which includes the defending champions from all four bill-topping races - and to announce details of promotional activities ahead of and during the four-day motorsport extravaganza.
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The Secretary for Economy and Finance, Mr Leong Vai Tac, today said Government work related to the potential establishment in Macao of a securities market denominated and cleared in renminbi, was supported on two major national initiatives relating to Macao.
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The Consumer Council conducted its ‘Supermarket price survey’ of the second-half of October on 17 October 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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Information from the Statistics and Census Service (DSEC) indicated that Receipts, Gross Surplus and other principal indicators of the Construction Sector registered year-on-year decreases in 2018 owing to the successive completion of several large-scale hotels and entertainment facilities. Receipts of the sector declined by 17.2% year-on-year to MOP54.55 billion, of which Receipts from Construction Works Performed (MOP53.31 billion) dropped by 16.7%. Expenditure of the sector totalled MOP50.0 billion, down by 17.5%, with Intermediate Consumption (MOP41.0 billion) and Labour Cost (MOP9.0 billion) falling by 19.0% and 9.8% respectively. Gross Surplus of the sector, which equals receipts less expenditure, went down by 14.2% to MOP4.55 billion. Average Gross Surplus per Establishment amounted to MOP1.36 million, a decrease of 21.7%. Gross Value Added that measures the sectoral contribution to the economy slid by 11.3% to MOP13.55 billion.
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The mega international art event “Art Macao” brings a series of splendid and diverse cross-platform artistic activities to the city, attracting many art aficionados and tourists from around the world. The giant “Fruit Tree” created by South Korean artist Choi Jeong-Hwa, dubbed the Father of South Korean Pop Art Installations, was erected at the Art Plaza of the Macao Cultural Centre. As one of the highlighted mega outdoor installations of Art Macao, it is an impressive artwork which should not be missed.
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An aggregate of 920 individuals representing community interests will be eligible to take part as voters in the upcoming by-election for a Legislative Assembly seat. The news was confirmed after the application period closed on 10 October for “legal-person” voters to register their representatives for the election.
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Organized by the Cultural Affairs Bureau, the 33^rd Macao International Music Festival (MIMF), themed “The Instrumentalist”, offers 17 programmes in a total of 22 excellent performances, featuring outstanding works of Chinese and Western music. The MIMF presents the concert “Melodies from Jiangnan” from 18 to 20 October at the Mandarin’s House, and the concert “Bravo Macao!” on 19 October, at the Dom Pedro V Theatre, both World Heritage sites, combining music and historical architecture and allowing music aficionados to enjoy the enchanting music at world heritage sites. The concert “The Vienna Philharmonic”, originally scheduled to be held at the University of Macau Library Plaza on 21 and 22 October, at 8pm, will be transferred to the Macao Cultural Centre Grand Auditorium.
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The Government Headquarters Open Day sessions will this year be held on the weekend of 19 and 20 October, and from 9am to 6pm on both days. The sessions will feature a series of performances, flower displays and a photography exhibition.
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Organised by the Macao Special Administrative Region Government and the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), coordinated by the Secretariat for Economy and Finance of Macao SAR, supported by the Liaison Office of the Central People’s Government in Macao SAR, the 2019 Summit on Chinese Central SOEs Supporting Macao as Co-operation Platform between China and Portuguese-speaking Countries was held today (16 Oct) in Macao. More than 400 representatives from Central Government’s ministries and departments, state-owned enterprises, Portuguese-speaking countries enterprises, Macao companies and commercial associations attended the summit. A total of 11 agreements on co-operation in infrastructure, research and talent training were signed among departments and organisations from Mainland China, Portuguese-speaking countries (PSC) and Macao.
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“The 24^th Macao International Trade and Investment Fair” (24^th MIF) and “The 2019 Portuguese Speaking Countries Products and Services Exhibition (Macao)” (2019PLPEX) are to be concurrently held from October 17 to 19 at The Venetian Macao. Review the past editions, many businessmen successfully found new partners and business opportunities thanks to the synergistic effect, diverse activities and pairing services of the two fairs.
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