News

Consumer Council conducted its latest ‘Supermarket price survey’ on 18 May 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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Institute for Tourism Studies (IFT) and Macau Culinary Association (MCA) co-organised the 9^th Macanese Cooking Competition and the 6^th Young Macanese Cooking Competition for universities students on 17 May at IFT.
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Information from the Statistics and Census Service (DSEC) indicated that 59% of the interviewed restaurants & similar establishments reported a year-on-year rise in receipts in March, up by 10 percentage points from February. The corresponding proportion of Chinese Restaurants reached 82%, the highest proportion recorded since the survey began, and the share of Japanese & Korean Restaurants surged by 53 percentage points to 73%. Meanwhile, the share of interviewed establishments recording a year-on-year decline in receipts decreased by 16 percentage points over February to 19%. The corresponding proportion of Japanese & Korean Restaurants (13%) dropped by 33 percentage points.
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Organized by the Government of the Macao Special Administrative Region (MSAR) in collaboration with the State Administration of Traditional Chinese Medicine of the People’s Republic of China, and jointly co-ordinated by the Traditional Chinese Medicine Science and Technology Industrial Park of Cooperation between Guangdong and Macao (hereinafter, “GMTCM Park”) and the Traditional Chinese Medicine Doctor Association of Thailand, the “2018 Traditional Medicine International Development Forum (Thailand)” was solemnly inaugurated on May 10, 2018, in Bangkok, Thailand. Nearly 400 guests were present at the event, comprising representatives from relevant government authorities coming from 7 ASEAN countries, having engaged in discussions and in-depth exchanges on pertinent issues, in particular the current situation and development perspectives for the TCM industry. It has attracted a high participation in a very warm atmosphere, demonstrating Macao’s full role as a platform connecting the ASEAN countries with Mainland China in fostering their joint development of TCM, at international level.
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At present, there are a total of seven fund management entities providing the investment instruments for the contributions of non-mandatory central provident fund system (the System). To protect the residents’ access to appropriate central provident fund services and information, the Social Security Fund (abbreviated to FSS in Macao) continues to be in close contact with the entities to ensure the smooth implementation of the various work of the System.
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A study conducted by the University of Macau (UM) has yielded a breakthrough that is expected to markedly enhance the efficacy of cancer immunotherapy. The collaborative study was led by Prof Chen Xin from UM’s Institute of Chinese Medical Sciences and Dr Joost J Oppenheim from the National Cancer Institute in the United States. The result of this study challenges the traditional view points and proposes a new method for cancer immunotherapy. This study was highly praised by research community and was just featured in The Scientist, an influential international magazine that reports on the most exciting discoveries and innovative trends across the spectrum of life science. This is the first time that a scientific research from Macao has been reported by this magazine.
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Information from the Statistics and Census Service (DSEC) indicated that a total of 5,501 building units and parking spaces were purchased and sold in the first quarter of 2018 as per Stamp Duty record, and the total value of transactions was MOP32.80 billion, up by 69.7% and 52.0% respectively quarter-to-quarter. Purchase and sale of residential units totalled 3,627, an increase of 1,009 units or 38.5% quarter-to-quarter. Analysed by month, transaction volume in January rose sharply by 85.0% while the growth in February slowed to 3.6%; transaction volume in March plunged by 57.6% after the launch of measures to manage residential property market.
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