News

Three scholars from the University of Macau (UM) Faculty of Business Administration (FBA) recently attended a financial technology (Fintech) forum for young scholars from mainland China, Hong Kong, Macao, and Taiwan. Participants discussed a wide range of topics, including financial regulation, big data analytics, industrial robotics, and the potential applications of financial technology.
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Organized by the Cultural Affairs Bureau and co-organized by the Macao Government Tourism Office and the Municipal Affairs Bureau, the 22^nd Lusofonia Festival will be held from 18 to 20 October, at the Taipa Houses, introducing to the public the lusophone culture. The Festival offers a diversified programme of activities, including music and dance performances, booths, gastronomy and games, allowing residents and tourists to experience the Portuguese customs and feel the Festival’s cheerful atmosphere.
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The second review of the “2018 Subsidy Programme for the Production of Original Song Albums”, organised by the Cultural Affairs Bureau (IC, from the Portuguese acronym), was completed and a total of eight entrants were selected as eligible candidates of the Programme. Each eligible candidate will receive a subsidy of up to MOP150,000 granted by IC and guidance from members of the adjudicating panel, in order to commence the production of the selected original song albums.
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Themed as “Duo Celebrations for Macao”, the 30th Macao International Fireworks Display Contest (the “Contest”) culminated in splendour tonight (5 October). Throughout the Contest, twelve fireworks teams presented their spectacular shows with unreserved efforts to compete for prizes to bring home. The top prize went to Marutamaya Ogatsu Fireworks Co., Ltd. from Japan, followed by the fireworks teams from China (Liuyang New Year Fireworks Trading Co., Ltd.) and France (SAS BREZAC Artifices) as first and second runners-up.
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Macao SAR becomes the first member which passes all 40 FATF Technical Compliance Recommendations
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The 33^rd Macao International Music Festival (MIMF), organized by the Cultural Affairs Bureau (IC), kicked off with the opera in two acts The Magic Flute. The opening ceremony was held on 4 October, at 7:40pm, at the lobby of the Macao Cultural Centre.
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The 24^th Macao International Trade & Investment Fair (24^th MIF) will be held in The Venetian Macao from 17 to 19 October. In the past, some exhibitors managed to reach co-operation with international companies via the MIF, while some participated in the fair again to explore the market in the Greater Bay Area.
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The Chief Executive, Mr Chui Sai On, outlined two aspirations while planning the next phase of Macao’s contribution to the development of the country’s “Belt and Road” initiative.
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The International Youth Dance Festival, organised by the DSEJ and first held in 1987, has provided a platform for young dance lovers from around the world to cultivate friendship, exchange cultures and display diverse dances. It also provides an opportunity for local residents and tourists in Macao to appreciate and experience the art and culture of different countries and regions from a different perspective.
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According to statistics released today by the Monetary Authority of Macao, broad money supply rebounded in August with a stable share of patacas. Meanwhile, both resident deposits and loans increased from a month earlier.
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