News

The Government has today launched a 15-day public consultation in order that it can supplement its own ideas for the Policy Address for the Fiscal Year 2018 via input from the community.
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Consumer Council conducted its specific price survey on tissue papers, household cleansing products, and oral care products on 11 October for the implementation of Section 2b), Article 10, Law 4/95/M of 12 June.
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“Angola, Guangdong and Macao Trade and Investment Forum” will be held on 19 October (Thursday) at 3pm in the Sicily Room, the Venetian Macao. As one of the key activities of the 22^nd Macao International Trade and Investment Fair (22^nd MIF), the Forum will invite entrepreneurs and government officials from the three regions to present their latest economic development and investment environments, while sharing their practical business experience. Through this Forum, participants will have a better understanding of the development of the three regions the advantages and functions of Macao’s role as a “Business and Trade Co-operation Service Platform between China and Portuguese-Speaking Countries”, and explore new business opportunities together. There will be simultaneous translations in Mandarin, Cantonese, Portuguese and English, all merchants are welcome to register.
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“Angola, Guangdong and Macao Trade and Investment Forum” will be held on 19 October (Thursday) at 3pm in the Sicily Room, the Venetian Macao. As one of the key activities of the 22^nd Macao International Trade and Investment Fair (22^nd MIF), the Forum will invite entrepreneurs and government officials from the three regions to present their latest economic development and investment environments, while sharing their practical business experience. Through this Forum, participants will have a better understanding of the development of the three regions the advantages and functions of Macao’s role as a “Business and Trade Co-operation Service Platform between China and Portuguese-Speaking Countries”, and explore new business opportunities together. There will be simultaneous translations in Mandarin, Cantonese, Portuguese and English, all merchants are welcome to register.
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Li Meng, a master’s student of medicinal administration from the University of Macau (UM) Institute of Chinese Medical Sciences (ICMS), has received full funding to present his paper, titled ‘Development Challenges for Maternal and Child Health Care Institutions in China: A Qualitative Study in Chengdu, Southwest of China’, at the 2017 Annual Meeting of the Drug Information Association (DIA) in the United States. This is the 11^th consecutive year that a student from the ICMS has received full funding from the DIA’s annual meeting.
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The 31^st Macao International Music Festival (MIMF), organized by the Cultural Affairs Bureau, presents the concert The Erhu Family on Sunday, 15 October, at 8pm, at the Macao Cultural Centre Small Auditorium, offering the audience extraordinary erhu performances. Interested music aficionados are advised to purchase tickets as soon as possible.
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For the implementation of Section 2b), Article 10, Law 4/95/M of 12 June, Consumer Council on 10 October collects prices of fresh pork from wet markets and supermarkets for consumers’ reference. The mentioned data collected during 4 October t to 10 October are used for comparing the average selling price of the same products from Zhuhai. The relevant data has been uploaded to the Council’s website for consumers’ reference.
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Information from the Statistics and Census Service (DSEC) indicated that a total of 2,265 restaurants, eating & drinking places and cooked-food stalls in municipal markets were operating in 2016, down by 19 year-on-year; total number of persons engaged increased by 85 to 32,398. Receipts of the industry amounted to MOP 10.69 billion, up by 6.5% year-on-year; expenditure grew by 5.2% to MOP 10.46 billion. Gross Value Added that measures the sectoral contribution to the economy went up by 13.0% year-on-year to MOP 4.03 billion, while Gross Fixed Capital Formation decreased by 45.3% to MOP 330 million.
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More Mainland residents opted for travel during the 1^st October Golden Week this year, with both the National Day and the Mid-Autumn Festival falling on this eight-day holiday (1^st – 8^th October). Attributed to this factor, total visitor arrivals to Macao registered an increase in comparison with the corresponding period of last year. Macao welcomed a total of 920,631visitors during the eight-day 1^st October Golden Week. Total visitor arrivals from 1^st to 7^th October registered a year-on-year rise of 11.6%.
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Subsequent to the development of the convention and exhibition industry, driven continuously by the Macao SAR Government, a growing number of conventions and exhibitions have chosen Macao as the venue for their events. According to statistics, three hundred and thirty-three conventions and exhibitions events were held in the second quarter of 2017, of which, three hundred and eight were conventions, representing an increase of 16 events compared to the same period in the previous year. By way of example, the largest convention held in last September was attended by approximately 14,000 delegates. In the upcoming fourth quarter of this year, between October and December, several large convention and exhibition events will take place in Macao. In addition to promoting the development of the inherent industry chains, by attracting a large number of high-end professional visitors, such events also help to promote the economy of the community neighbourhoods and generate business opportunities for various sectors, including accommodation, transportation, tourism, catering and retail.
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