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Consumer price index (CPI) for October 2018
Information from the Statistics and Census Service (DSEC) indicated that the Composite CPI in October 2018 increased by 3.35% year-on-year to 113.73, down by 0.16 percentage points from the 3.51% growth in September. The increment in October was attributable to higher rentals for dwellings, dearer charges for eating out, rising parking meter rates as well as increasing prices of gasoline and women’s clothing.
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Cultural industries statistics 2017
Information from the Statistics and Census Service (DSEC) indicated that a total of 2,088 organisations were operating in the four core domains of cultural industries in Macao in 2017, namely 'Creative design', 'Cultural exhibitions & performances', 'Art collection' and 'Digital media', representing an increase of 175 year-on-year. Total number of persons engaged rose by 6.4% to 11,702, and Compensation of Employees went up by 7.3% to MOP 1.83 billion. Total Service Receipts of the cultural industries stood at MOP 7.08 billion, up by 4.8% year-on-year. Gross Value Added that measures the sectoral contribution to the economy increased by 6.9% to MOP 2.38 billion, accounting for 0.6% of the total Gross Value Added of all economic activities of Macao in 2017, the same proportion as in 2016. Gross Fixed Capital Formation of the cultural industries amounted to MOP 0.46 billion, down by 3.1%.
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Industrial structure of Macao 2017
Gross Value Added of all economic activities of Macao registered a 9.1% growth in real terms in 2017 after declining by 0.7% year-on-year in 2016, underpinned by satisfactory performance of the tertiary sector, with Gross Value Added of Wholesale & Retail and Gaming & Junket Activities increasing by 21.9% and 16.2% respectively in real terms.
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Government to set up memorial for Asian black bear ‘Bobo’
The Government is to set up a memorial zone at Flora Garden to commemorate “Bobo”, an Asian black bear that lived in Macao for more than three decades.
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Gross domestic product for the 3rd quarter of 2018
Information from the Statistics and Census Service (DSEC) indicated that Gross Domestic Product (GDP) in the third quarter of 2018 expanded by 1.6% year-on-year in real terms. The economy grew at a slower pace, mainly due to a continuous decline in construction investment and a notable slowdown in growth of exports of services. External demand growth eased; exports of services rose by 6.3% year-on-year, in which exports of gaming services and other tourism services went up by 5.8% and 11.4% respectively; meanwhile, exports of goods dropped by 8.8%. Domestic demand weakened, with investment declining substantially by 20.1% year-on-year in the third quarter; private consumption expenditure, government final consumption expenditure and imports of goods increased by 4.1%, 5.4% and 2.9% respectively. The implicit deflator of GDP, which measures the overall changes in prices, went up by 3.8% year-on-year.
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The 10th Higher Education International Conference on Innovation and Developments in Teaching and Learning Quality Assurance was held by the Macao Polytechnic Institute
In order to explore the development in teaching and learning in countries along the Belt and Road countries and other regions, to share the developments in higher education quality assurance and facilitate the enhancement of quality in higher education in Macao, Macao Polytechnic Institute once again joined forces with the Asia-Pacific Quality Network (APQN) to organise the 10th Higher Education International Conference on Innovation and Developments in Teaching and Learning Quality Assurance. Over 40 experts and scholars in higher education coming from the United Kingdom, Portugal, New Zealand, Sri Lanka, Malaysia, the Philippines, Mainland China, Taiwan, Hong Kong, Macao and other countries and regions gathered in Macao to explore factors affecting the quality of higher education, and share the trends and developments in the quality assurance in teaching and learning. More than two hundred instructors, researchers and students from local higher education institutions attended the seminars and shared their experience with the experts enthusiastically. Many academic achievements were attained.
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Chief of Office of the Secretary for Social Affairs and Culture Ip Peng Kin leads Macao delegation to attend the 3rd Global Mazu Culture Forum on Meizhou Island
The Chief of Office of the Secretary for Social Affairs and Culture of the Macao Special Administrative Region Government, Ip Peng Kin, together with the delegation from Macao, attended the 3rd Global Mazu Culture Forum (“the Forum”) and the 20th China - Meizhou Mazu Cultural Tourism Festival on Meizhou Island in the city of Putian, Fujian Province on 17 – 18 November, and met with Mayor of Putian, Li Jianhui, and Deputy Director of the Taiwan, Hong Kong and Macao Affairs Office of the Fujian Provincial People’s Government, Liu Lianghui, among other personages.
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Renowned Chinese writer Wang Anyi to give talk at UM on Chinese literature
The University of Macau (UM) will hold a honoris causa Lecture titled ‘Chinese-Language Literature in a Global Context’ on Monday 3 December. Prof Wang Anyi, a renowned Chinese writer and this year's recipient of the Doctor of Letters honoris causa degree from UM, will be the keynote speaker. She will share her insights on the subject. All are welcome.
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Security Secretary: Enforcement statistics show Macao is safe city
The Secretary for Security, Mr Wong Sio Chak, today said crime statistics recorded in the first nine months of 2018 showed Macao to be a secure and safe city.
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