News

The “2019 Portuguese Speaking Countries Products and Services Exhibition (Macao)” (2019PLPEX) will be held between 17^th and 19^th October at The Venetian Macao. Many exhibitors and suppliers agree that PLPEX creates a comprehensive platform that allows the enterprises to co-operate, exchange ideas, and successfully “go global”, thus expanding their business.
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Information from the Statistics and Census Service (DSEC) indicated that the Tourist Price Index (TPI) for the third quarter of 2019 dropped by 0.65% year-on-year to 129.94. The decrease was mainly attributable to lower charges for hotel accommodation and falling prices of clothing; yet, rising charges for restaurant services and dearer prices of gold jewellery and local food products offset part of the decrease. Among the various sections of goods and services, price indices of Clothing & Footwear and Accommodation fell notably by 5.50% and 4.62% respectively year-on-year, whereas the indices of Entertainment & Cultural Activities and Miscellaneous Goods grew by 3.04% and 2.44% respectively.
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Members of the public are being invited to share their views regarding a proposed legal framework for urban renewal put forward by the Government, via a 60-day public consultation period that starts today.
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The Macao Orchestra (OM, from the Portuguese acronym), under the auspices of the Cultural Affairs Bureau, presents the concert “Flourishing Arts” on Saturday, 12 October, at 8pm, at the University Hall of the University of Macau. Under the baton of OM’s Assistant Conductor, Francis Kan, the Orchestra joins hands with Sou Sin U, Cesónia Da Rosa and Yin Kam Wai, award winners at the 37^th Macao Young Musicians Competition, and Pyotr Akulov, winner of the first prize in the Piano Group of the 2^nd Zhuhai Mozart International Competition for Young Musicians. Admission is free. Tickets will be distributed at the concert venue one hour prior to the performance. Distribution is on a first-come, first-served basis and is limited to a maximum of two tickets per person.
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According to statistics released today by the Monetary Authority of Macao, new approvals of residential mortgage loans (RMLs) decreased while those of commercial real estate loans (CRELs) increased in August 2019. With regard to the outstanding balances, RMLs increased whereas CRELs witnessed a decrease.
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The final of China’s first inter-varsity competition in Chinese-Portuguese translation will be held on 28 October at the University of Macau (UM). The competition aims to promote communication between universities in Macao and mainland China and to provide a platform for students majoring in Portuguese language to put their knowledge and translation skills into practice.
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In order to ensure the proper operation of its information technology system, the Cultural Affairs Bureau will carry out relocation of the technology equipment currently stored in the telecommunications data centre from 3pm on 17 October (Thursday) to 10am on 18 October (Friday). During this period, the operation of several websites will be suspended, including the Cultural Affairs Bureau website and its sub-websites, the websites of the Cultural Heritage of Macao, the Macao World Heritage, the Macao Conservatory, the Archives of Macao, the Macao Museum of Art, the Macao Museum, the Macao Culture Centre, the IC Press Page, the “Art Macao”, the Macao Cultural and Creative Industries, the C² Magazine and the Jao Tsung-I Academy, among others. In addition, IC’s Activity Registration System, the Community Funding Application System, the “WH Macau” mobile application, the “Art Macao” mobile application, the Inquiry System of Progress of Application for Filming and the “Macao eBooks” mobile application will also be unavailable during the above mentioned period. The normal operation of the websites and service will resume once the relocation of the technology equipment is completed.
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The Consumer Council conducted its ‘Supermarket price survey’ of the first-half of October on 10 October for the implementation of Section 2b), Article 10, Law 4/95/M of 12 June. Surveyed locations included 10 supermarkets in Santo António 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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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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