News

The Monetary Authority of Macao announced today (15 July) that the preliminary estimate of Macao SAR’s foreign exchange reserves amounted to MOP232.3 billion (USD28.88 billion) at the end of June 2024. The reserves increased by 1.7% from the revised value of MOP228.4 billion (USD28.36 billion) for the previous month. Macao SAR’s foreign exchange reserves at end-June 2024 represented 11 times the currency in circulation or 92.9% of pataca M2 at end-May 2024.
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In celebration of the 25^th anniversary of Macao’s Return to the Motherland, the Macao Museum, under the auspices of the Cultural Affairs Bureau, will hold the exhibition “Old Meets New: A Historical Photo Exhibition Celebrating the 25^th Anniversary of Macao’s Return to the Motherland” was inaugurated today (12 July) in the lobby of the Macao Museum. The opening ceremony was officiated by the Acting President of the Cultural Affairs Bureau, Cheang Kai Meng; the Deputy Director of the Department of Publicity and Culture of the Liaison Office of the Central People's Government in the Macao SAR, Yin Rutao; the Member of the Cultural Heritage Committee, Wu Chou Kit; the Director of the Macao Museum, Lou Ho Ian; and the President of the General Assembly of the Photographic Society of Macao, Kuok Keng Man. The exhibition is held until 8 September 2024. All are welcome to visit.
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To spur the community economy and integration of “tourism + culture and creativity”, Macao Government Tourism Office (MGTO) kicks off the second stage of the project “Stay Chill, Play Cool – Macao!” today (12 July) until 1 December. A mega installation themed as Macao Tourism Mascot MAK MAK is set up at Ritz Building at Senado Square, to create a brand-new hotspot for check-in on social media. A Stay Chill Macao Market is held concurrently in the Exhibition Hall of Ritz Building. Residents and visitors are welcome to join.
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Information from the Statistics and Census Service (DSEC) indicated that the Tourist Price Index (TPI) for the second quarter of 2024 went up by 2.72% year-on-year to 140.96. The rise stemmed from dearer prices of clothing and jewellery, as well as rising charges for restaurant services; however, falling hotel room rates offset part of the increase. Among the various sections of goods and services, price indices of Clothing & Footwear, Miscellaneous Goods and Restaurant Services grew by 7.42%, 7.10% and 6.79% year-on-year respectively, while the indices of Entertainment & Cultural Activities and Accommodation dropped by 14.92% and 4.39%.
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The book Exploring Computational Pharmaceutics – AI and Modeling in Pharma 4.0, edited by Ouyang Defang, associate professor at the Institute of Chinese Medical Sciences, the State Key Laboratory of Quality Research in Chinese Medicine, and the Department of Public Health and Medicinal Administration of the Faculty of Health Sciences at the University of Macau (UM), has been published by John Wiley & Sons, Inc. The book is the second edition of Computational Pharmaceutics. Bringing together leading pharmaceutical experts from academia, industry, and regulatory agencies, the book provides an overview of the changes and advances made in computational pharmaceutics over the past decade and explores the potential and future outlook of the Pharma 4.0 era.
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Organised by the Cultural Affairs Bureau (IC, from the Portuguese acronym), the 1^st Macao International Children’s Arts Festival has been well received by the public since its launch of various programmes, drawing the active participation of the public. Amongst programmes, the new programme Art Camps has been highly sought after, and the tickets for all sessions were sold out since its launch. Considering the public’s overwhelming response, three additional sessions will be offered for the programmes “Art Camps Mysterious Art Playground - Children’s Creative Camp” and “Fantastic Creative Door - Family Art Camp” in August, respectively. Moreover, the exhibition “Fantastic Art World from Centre Pompidou”, organised by the Cultural Affairs Bureau, MGM and the Centre Pompidou from France, will be held from 23 July to 27 October. Tickets for the Art Camps and the “Fantastic Art World from Centre Pompidou – Exhibition and Workshops at the Main Venue” will be on sale simultaneously through the Macau Ticketing Network outlets, telephone and online booking from 10am on 13 July, while tickets for the “Fantastic Art World from Centre Pompidou – Exhibition at the Satellite Venue” will be on sale through the GoGoGoat online booking from 10am on 22 July.
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In order to broaden the musical horizons of local young music students, the “Music Camp” integrated in the 1^st Macao International Children’s Arts Festival, jointly organised by the Cultural Affairs Bureau and Wynn Resorts (Macau), S.A., and produced by the Macao Orchestra Company, Limited, will be held from 16 to 21 August. In order to facilitate the applications by the public, the registration deadline was extended to 6pm on 19 July (local time). Successful applicants will receive an email notification on or before 1 August.
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