News

The Monetary Authority of Macao (AMCM) hosted “The 14^th Annual Meeting and Conference of the Asian Forum of Insurance Regulators (AFIR)” in Macao during 22-23 May 2019. Delegates from the insurance regulators in Asia and Oceania exchanged their views and shared their experiences on the theme of “Promoting Broader and Sustainable Insurance Market with Effective Supervisory Practices”, focusing on the challenges and opportunities brought by global climate change and innovative technology to the development of the insurance industry.
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Macao's annual international motorsports event, the 66^th Macau Grand Prix, will be held from November 14^th to 17^th 2019. The Macau Grand Prix Organizing Committee (MGPOC) today (May 22^nd) held a press conference at the Macao Science Center to announce that Suncity Group is the title sponsor of the event and to release the provisional race line-up.
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Moody’s Investors Service, an international credit rating agency, announced today (22 May) to affirm Macao SAR’s long-term issuer ratings at “Aa3” with a “stable” rating outlook, which are based on the SAR Government’s strong fiscal and external positions and further progress on economic diversification.
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The IFT Global Centre for Tourism Education and Training organised a training programme on “Sustainable Tourism Planning and Destination Management” from 15 to 22 May for representatives from several Asian countries and destinations. The course was held in Macao in collaboration with the World Tourism Organization (UNWTO).
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Information from the Statistics and Census Service (DSEC) indicated that attributable to a growth of 21.2% in visitor arrivals (10,359,758), total spending (excluding gaming expenses) of visitors in the first quarter of 2019 increased by 3.1% year-on-year to MOP16.93 billion, with that of overnight visitors (MOP12.92 billion) and same-day visitors (MOP4.01 billion) rising by 1.9% and 7.2% respectively.
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The 2019 Dubai-Macao TCM Exchange Program, co-hosted by the Traditional Chinese Medicine Science and Technology Industrial Park of Co-operation between Guangdong and Macao (GMTCM Park) and the Dubai Healthcare City (DHCC), was held at the Mohammed Bin Rashid Academic Medical Center of the Dubai Healthcare City on May 19. TCM experts from Macao and mainland China led young TCM practitioners from Macao to exchange and discuss with more than 150 prominent local healthcare professionals in Dubai, focusing on the application and development of TCM in the city. The program also provided TCM health consultations for the locals and promoted the development of TCM in Dubai.
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The 2019 Dubai-Macao TCM Exchange Program, co-hosted by the Traditional Chinese Medicine Science and Technology Industrial Park of Co-operation between Guangdong and Macao (GMTCM Park) and the Dubai Healthcare City (DHCC), was held at the Mohammed Bin Rashid Academic Medical Center of the Dubai Healthcare City on May 19. TCM experts from Macao and mainland China led young TCM practitioners from Macao to exchange and discuss with more than 150 prominent local healthcare professionals in Dubai, focusing on the application and development of TCM in the city. The program also provided TCM health consultations for the locals and promoted the development of TCM in Dubai.
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Information from the Statistics and Census Service (DSEC) indicated that number of full-time employees of the 27 banks in Macao increased by 224 year-on-year to 6,463 at the end of the first quarter of 2019. Analysed by occupation, there were 1,790 directors and managers, and 2,073 clerks (including 639 bank tellers).
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