Macao SAR Government Portal
News
Social Security Benefits and Allowances to be Increased Tomorrow
According to Executive Order No. 212/2019 published in the Official Gazette of the Macao SAR, all pension payments and allowances of the Social Security System will be increased on 1 January 2020. The old age and disability pension will be increased to 3,740 patacas per month. The total number of beneficiaries is expected to be about 136,000. The total annual expenditure is about 5.2 billion patacas, of which old-age pension accounts for 4.6 billion patacas. It is expected that the additional expenditure for the increase in benefits will be about 150 million patacas. Details of the increase are as follows:
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Beneficiaries of Old-Age and Disability Pension can Provide Proof of Life at Self-Service Machine from 9 a.m. on New Year’s Day
The Social Security Fund (abbreviated to “FSS” in Macao) reminds that beneficiaries who are receiving old-age or disability pension from the FSS are required to provide the proof of life in January each year. About 124,000 beneficiaries will be involved in 2020, who can provide the proof of life on the self-service machine as early as 9 a.m. on 1st January using their Macao SAR Resident ID cards.
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Grace period for the exchange of the 20th Anniversary of the Return of Sovereignty of Macao banknotes and the Zodiac Banknotes ending this Friday
The grace period for the exchange of the 20th Anniversary of the Return of Sovereignty of Macao banknotes and for the four previously issued Zodiac Banknotes will end on 3 January 2020 (Friday). The Monetary Authority of Macao would like to remind those registrants who have not yet conducted the note exchange to exchange for their subscribed notes at their previously selected bank on or before this Friday.
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FBA holds interdisciplinary conference for accounting knowledge exchange and big data research
The Faculty of Business Administration (FBA) of the University of Macau (UM) and the Asia Pacific Journal of Accounting & Economics (APJAE) jointly hosted the Eighth Conference of the World Accounting Frontiers Series (WAFS) from 4 December to 6 December 2019 with success. With the theme ‘Accounting and Institutional Infrastructure’, this interdisciplinary conference aimed at bridging the academic-practice gap through big data research and the exchange of a wide spectrum of accounting knowledge.
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UM Open Day to be held on 12 Jan
The University of Macau (UM) will hold the UM Open Day 2020 on Sunday 12 January. There will be various activities on that day, including admission consultation, themed talks, performances, fun experiments, game booths, workshops, guided campus tours, and an international food festival. Participants will have the chance to experience UM’s unique model of education, advanced technologies, and vibrant campus life. Macao residents, students and their parents, friends from the Greater Bay Area, and tourists are encouraged to attend the event to spend a fun and memorable Sunday at UM.
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Consumer Council released specific price survey results on tissue papers, OTC drugs, and milk powder
Consumer Council conducted its specific price survey on tissue papers, over-the-counter drugs, and milk powder on 30 December for the implementation of Section 2b), Article 10, Law 4/95/M of 12 June. The mentioned survey has been uploaded to the Council’s website (www.consumer.gov.mo), it is also available on the Council’s“Macao Supermarket Price Information Platform” app, as well as on the Council’s WeChat account page.
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Transport and communications statistics for November 2019
Information from the Statistics and Census Service (DSEC) indicated that licensed motor vehicles in Macao totalled 240,164 as at end-November 2019, a slight increase of 0.4% year-on-year. Light automobiles (109,242) and heavy motorcycles (99,530) rose by 1.3% and 2.2% respectively, whereas light motorcycles (24,068) went down by 8.4%. New registration of motor vehicles in November dropped by 10.5% year-on-year to 1,221, with heavy motorcycles (565) declining by 24.8% while light automobiles (628) rising by 14.8%. In the first eleven months of 2019, new registration of motor vehicles decreased by 14.4% year-on-year to 11,350. Number of traffic accidents grew by 15.8% year-on-year to 1,245 in November, and number of injuries totalled 375. In the first eleven months, there were 12,517 traffic accidents; number of victims added up to 4,097 and 8 of them were killed.
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Senado Library reopens to the public on 2 January
The Senado Library under the Cultural Affairs Bureau has concluded its renovation works, including the repainting of the interior walls and the renovation of power system and air-conditioning equipment, and will be open to the public again on 2 January (Thursday). The Library, located in the IAM Building at No. 163 Avenida de Almeida Ribeiro, opens from 1pm to 8pm from Mondays to Saturdays. For enquiries, please call IC at 2856 7576 during opening hours.
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