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Residential property price index for September – November 2018
Information from the Statistics and Census Service (DSEC) indicated that the overall residential property price index for September - November 2018 increased by 0.7% over the previous period (August - October 2018) to 270.5. The index for the Macao Peninsula (272.4) rose by 0.8% while that for Taipa & Coloane (261.5) held steady.
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Experts gather at UM to discuss future electricity supply for smart city
A seminar on future electricity supply for smart city was recently held at the University of Macau (UM) Institute of Collaborative Innovation. The event was organised by UM’s State Key Laboratory of Internet of Things for Smart City and Companhia de Electricidade de Macau (CEM). During the event, experts and scholars from around the world had an in-depth discussion on technologies for the future development of smart energy supply system for smart city.
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Security Secretary: Enhance efficiency of policing activity around resorts
The Secretary for Security, Mr Wong Sio Chak, said today that the police and the Gaming Inspection and Coordination Bureau would discuss methods of improving cooperation between police officers and private security guards at casino resorts.
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18th Macao City Fringe Festival kicks off this Friday
Organised by the Cultural Affairs Bureau, the 18th Macao City Fringe Festival, to be held from 11 to 27 January 2019, will be inaugurated on Friday, 11 January 2019, at 7:30pm, at the Old Court Building, during when the “18th Branch of Macao City Fringe Supermarket” will have its grand opening. The performance Sigma then takes to the stage, showcasing virtuoso geometries through the combination of circus and classical Indian dance. The public is advised to purchase their tickets as soon as possible as tickets for some of the programmes are limited.
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UM announces Macroeconomic Forecast for Macao 2019
The University of Macau (UM) Department of Economics and Centre for Macau Studies today released its Macroeconomic Forecast for Macao 2019. According to the data collected, Macao’s economy has grown substantially with rates of 9.4% and 5.9% year-on-year in the first and second quarter of 2018 respectively. The growth subdued rapidly amid the disaster effect of Typhoon Mangkhut in September. Macao’s economy grew only by 1.6% year-on-year and reached MOP 100.9 billion in the third quarter of 2018 (Figure 1 and 2). The negative effects of trade friction with the United States and other structural adjustments on China’s economy have surfaced in the past few months. Economic uncertainty continues to affect Macao’s economy. As a result, we have revised our forecasts downward on GDP growth from the last release.
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Consumer Council published latest Consumer Report Featuring survey reports on hotel reservation service by travel agencies and ID photo taking service
Sufficient and transparent information enable consumers to make better consumption choices, the Consumer Council conducted two survey reports on hotel reservation service offered by travel agencies and ID photo taking service by photography shops, reports are now available in the latest issue 304 Consumer Report.
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Macao Orchestra and local musicians present the concert “The Future of Classical Music”
The Macao Orchestra (OM, from the Portuguese acronym), under the auspices of the Cultural Affairs Bureau, under the baton of Orchestra’s Assistant Conductor Francis Kan, will join hands with a number of local musicians and music students to present the concert “The Future of Classical Music” on Saturday, 12 January, at 8pm, at the University Hall of the University of Macau. Admission is free. All residents are welcome to attend.
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