News

Since the release of the Macao Tourism Industry Development Master Plan in September 2017, 67 short-term action plans have unfolded with relevant tasks being followed up under the concerted efforts of several public entities and the private sector.
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Organized by the Cultural Affairs Bureau (IC), the “Tap Siac Craft Market” is held from 16 to 18 November and from 23 to 25 November at Tap Siac Square. The Craft Market features a diversity of cultural and creative activities including cultural and creative booths, handicraft workshops, performances and a talk. All are welcome to participate and experience the creative power of different Asian regions.
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Information from the Statistics and Census Service (DSEC) indicated that a total of 3,151 building units and parking spaces were purchased and sold in the third quarter of 2018 as per Stamp Duty record, and the total value of transactions was MOP17.86 billion, down by 23.1% and 28.0% respectively quarter-to-quarter.
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Consumer Council conducted its latest ‘Supermarket price survey’ on 15 November for the implementation of Section 2b), Article 10, Law 4/95/M of 12 June. Surveyed locations included supermarkets near Horte e Costa, Avenida do Ouvidor Arriaga and Rua da Emenda areas in Santo António Parish.
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According to the statistics released today by the Monetary Authority of Macao, the proportion of international business in the local banking sector rose in the third quarter of 2018. At end-September 2018, the share of international assets in total banking assets increased to 86.0% from 85.9% at end-June 2018, while the share of international liabilities in total banking liabilities rose to 81.1% from 80.9%.
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In the Government’s latest policy blueprint, the Chief Executive, Mr Chui Sai On, outlined a five-pillar economic policy programme to ensure stability of Macao’s economy. It was envisioned the economy would grow moderately in 2019, he said.
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