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Macao SAR Government Portal

Macao SAR Government Portal

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External merchandise trade statistics for October 2019

Information from the Statistics and Census Service (DSEC) indicated that total merchandise export for October 2019 amounted to MOP1.17 billion, up by 9.6% year-on-year. Value of re-exports (MOP1.04 billion) increased by 10.9%, with that of Machines, apparatus & parts rising by 34.5%. Value of domestic exports (MOP126 million) edged up by 0.2%, with that of Garments surging by 171.7%. Total merchandise import grew by 3.9% year-on-year to MOP8.76 billion, of which imports of Beauty, cosmetic & skin-care products, Construction materials and Handbags & wallets expanded by 60.0%, 21.5% and 19.2% respectively; meanwhile, imports of Mobile phones, Fuels & lubricants and Motor cars & motorcycles dropped by 18.6%, 10.4% and 9.8% respectively. Merchandise trade deficit in October totalled MOP7.59 billion.
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UM professor Jia Weijia elected IEEE fellow

The Institute of Electrical and Electronics Engineers (IEEE) has released its 2020 fellow list. University of Macau (UM) professor Jia Weijia has made the list. The fellowship is testament to Prof Jia’s outstanding contributions in the fields of routing protocol optimisation and matching networks.
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The Chief Executive, Mr Chui Sai On, meets with the Secretary of the CPC Committee of the University of Peking and the Chair of the University Council, Mr Qiu Shuiping, at the Government Headquarters of Macao.

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The Chief Executive, Mr Chui Sai On, meets with the Commissioner of the State Taxation Administration, Mr Wang Jun, at the Government Headquarters of Macao.

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Government exempted from income tax on investments in mainland

The Government of the Macao Special Administrative Region (SAR) will be exempted from income tax when investing in the mainland, once a new protocol under the Mainland-Macao agreement to avoid double taxation comes into effect.
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The Chief Executive, Mr Chui Sai On, and the Commissioner of the State Taxation Administration, Mr Wang Jun, sign the Fourth Protocol to the Arrangement between the Mainland and the Macao SAR on the Avoidance of Double Taxation and Prevention of Evasion of Income Tax.

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