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Monetary and financial statistics – October 2024
According to statistics released today (3 December) by the Monetary Authority of Macao, broad money supply continued to grow in October. Meanwhile, resident deposits rose from a month ago whereas loans to residents posted a decline.
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Specialized World Stamp Exhibition to be held in Macao in 2026
The Macao 2026 Specialized World Stamp Exhibition Agreement signing ceremony was held on December 3rd, in Shanghai, formally marking the beginning of the preparation stage of this high-level stamp exhibition. The Director of the Macao Post and Telecommunications Bureau, Ms. Lau Wai Meng, led a team to Shanghai to attend the "China 2024 Asian International Stamp Exhibition" and, on the occasion, signed the “Macao 2026 Specialized World Stamp Exhibition" agreement with Mr. Huo Huixiao, President of the Macao Philatelic Association, and Mr. Abdulla M T Khoory, Consultant from the Fédération Internationale de Philatélie.
The Macao 2026 Specialized World Stamp Exhibition, one of the world's major philatelic events, is scheduled to be held from June 26th to July 1st, 2026, at the Venetian Macao Conference & Exhibition Center. Jointly organized by the Macao Post and Telecommunications Bureau and the Macao Philatelic Association, under the patronage of the Fédération Internationale de Philatélie, and sponsored by Federation of Inter-Asian Philately, the exhibition will feature 1,500 frames and about 50 booths.
In her speech, the Director Lau Wai Meng mentioned that, following the success of the Macao 2018 - 35th Asian International Stamp Exhibition, held in Macao, it is now of great significance that a specialized world stamp exhibition is to take place in this city for the first time. Hence, the Macao Post and Telecommunications Bureau attaches great importance to this event and is committed to carrying out all the preparatory work, together with the Macao Philatelic Association. Director hopes that this exhibition will serve as an opportunity to build a bridge of friendship between different regions, strengthen international philatelic exchanges and cooperation, and promote the legacy and innovation of world philatelic culture.
Postal administrations, stamp dealers, philatelic experts and philatelic enthusiasts from different countries and regions around the world will participate in the exhibition to showcase their collections and compete for various philatelic awards. During the exhibition, a wide range of philatelic activities will be organized. The visitors will be able not only to explore the world of stamps but also experience the rich philatelic culture and vitality of Macao.
Concert “Glittering Lights, Shining Flowers” held successfully The Macao Chinese Orchestra and Chinese and Portuguese musicians celebrated Macao’s return to the motherland
Organised by the Cultural Affairs Bureau and presented by the Macao Chinese Orchestra, the Concert of Celebration of the 25th Anniversary of Macao’s Return to the Motherland – “Fiery Trees and Silver Flowers” was held yesterday (1 December) at Macao Cultural Centre Grand Auditorium. The Macao Chinese Orchestra collaborated with various Chinese and Portuguese musicians to present a distinctive musical feast commemorating Macao’s return to the motherland.
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LRT Hengqin Line Officially Opens Today
LRT Hengqin Line officially opened today (December 2), extending the LRT network to the Hengqin Port, connecting Macao and Hengqin. This new transportation option provides residents and travelers with access to Hengqin Port and reflects the integration of public transport networks within the Greater Bay Area.
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UM holds Global Academic Symposium to promote international cooperation
The UM Global Academic Symposium commenced today (2 December) at the University of Macau (UM). With the aim of promoting global academic exchange and strengthening international partnerships, the symposium has brought together over 50 scholars from 23 institutions across Australia, New Zealand, Singapore, South Korea, and Japan to share their research findings and advances in cutting-edge technologies, and to explore potential research collaboration.
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UM, UNCITRAL-RCAP hold joint conference on trade law
The Faculty of Law (FLL) of the University of Macau (UM) and the United Nations Commission on International Trade Law Regional Centre for Asia and the Pacific (UNCITRAL-RCAP) held a joint conference. During the event, experts and scholars from Austria, Belgium, China, Greece, Kazakhstan, Malaysia, Poland, Portugal, Russia, South Korea, Hong Kong, and Macao discussed landmark developments in the harmonisation of international trade law and the transparency of investor-state dispute settlement (ISDS) mechanisms in the era of generative artificial intelligence.
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