News

Information from the Statistics and Census Service (DSEC) indicated that the Composite CPI in September 2017 increased by 1.39% year-on-year to 109.69, slightly higher than the 1.36% growth in August 2017. The increment in September was attributable to dearer charges for eating out and outpatient services, rising wages of domestic helpers, higher prices of adults’ footwear and gasoline, as well as an increase in tuition fees in the new academic year.
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The Cultural Affairs Bureau has released today a new edition of the Macao Cultural and Creative Map (CCM Map) aimed at introducing 56 local cultural and creative entities as well as information about Macao’s World Heritage sites, museums, performance venues, among others. The traditional Chinese and English versions are released first, followed by the simplified Chinese and Portuguese versions. The CCM Map will be distributed at 180 locations in Hong Kong and Macao.
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Information from the Statistics and Census Service (DSEC) indicated that a total of 3,040 establishments were operating in the Transport, Storage & Communications Sector in 2016, an increase of 251 year-on-year. Number of persons engaged rose by 4.6% to 20,244, with employees accounting for 80.2%. Receipts and expenditure of the sector amounted to MOP 27.83 billion and MOP 22.01 billion respectively, down by 3.0% and 4.9% year-on-year. Gross Value Added that measures the sectoral contribution to the economy grew by 4.3% to MOP 10.22 billion, while Gross Surplus dropped slightly by 0.5% to MOP 5.63 billion. Gross Fixed Capital Formation totalled MOP 1.62 billion, down by 43.3% year-on-year.
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The Tourism Crisis Management Office (GGCT) received today (19th of October) a notification from the Global Emergency Call Center for Consular Protection and Services of the Ministry of Foreign Affairs of China regarding a Macao resident traveling with her family in Yangon, Myanmar, who suffered injuries to her waist while escaping from a hotel fire. Afterwards her family contacted the GGCT and requested for assistance.
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The Monetary Authority of Macao (the AMCM) and Companhia de Seguro de Créditos, SA (COSEC) signed a “Cooperation Framework Agreement” in Macao today to strengthen the insurance cooperation between the two institutions on export trade and investment projects, in order to facilitate the establishment of an export credit insurance system in Macao.
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The CCAC has publicised an investigation report on the SMG’s typhoon forecasting procedures, where it points out that the bureau, when making typhoon forecasts and issuing warning signals for tropical cyclones, relied on the personal judgments and decisions of the former Director. There was no discussion in advance and explanation after the typhoons. It was also found that the bureau lacked an internal mechanism for meetings and discussions. When the Signal No. 3 or 8 might be issued for a typhoon taking place during non-working hours, the leader would only stay at home and make decisions through phone calls and the internet. Even the personnel of the bureau were not clear about the criteria for the issuance of typhoon warning signals. As there were many problems in the SMG in terms of personnel and equipment management, it believes that the leaders of the bureau should bear major and unshirkable responsibilities.
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The Chief Executive, Mr Chui Sai On, has directed the Secretary for Transport and Public Works to follow up on the issues and suggestions raised in a report regarding the management of the Meteorological and Geophysical Bureau.
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In order to allow the local residents to get to know the evolution of Macao’s traditional industries and understand the living style of the population in the past, the Macao Museum of the Cultural Affairs Bureau organizes the exhibition “The Memorable Time – The Traditional Handicraft Industries of Macao”. The opening ceremony will be held on Friday, 27 October, at 6pm. The exhibition will run from 28 October 2017 to 25 February 2018 on the third floor of the Museum.
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The 3^rd “Young Entrepreneurs Forum of China and Portuguese- speaking Countries” and the “Portuguese-speaking Countries Business Opportunity series - China and Portuguese-speaking Countries Economic and Trade Investment and Dispute Resolution Seminar” held today (18 October) at the Florence Room of The Venetian Macao, turned up the heat a day before the mega events — the “22^nd Macao International Trade and Investment Fair (22^nd MIF) and 2017 Portuguese-speaking Countries Products and Services Exhibition (Macao) - 2017 PLPEX” which are considered to enhance Macao’s position as a service platform for business and trade co-operation between Mainland China and Portuguese-speaking Countries, and as an architect to bridge business matching among enterprises of Mainland China, Portuguese-speaking countries and Macao. Attention is now drawn to the new topics and moves in the economic and trade areas between Mainland China and Portuguese-speaking countries.
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The Government Headquarters Open Day sessions will this year be held during the weekend of 21 to 22 October. The sessions will include thematic flower displays, a photography exhibition and live music and dance performances.
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