News

WTT Champions Macao 2024 presented by Galaxy Entertainment Group, organized by the Sports Bureau of the Macao SAR Government, World Table Tennis (WTT) and Galaxy Entertainment Group (GEG), and co-organized by the Macau Table Tennis General Association, continues to be held today (14 September) and tomorrow (15 September) at the Macao East Asian Games Dome.
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The quarterfinals of WTT Champions Macao 2024 presented by Galaxy Entertainment Group, organized by the Sports Bureau of the Macao SAR Government, World Table Tennis (WTT) and Galaxy Entertainment Group (GEG), and co-organized by the Macau Table Tennis General Association, took place today (13 September) at the Macao East Asian Games Dome.
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In order to celebrate the Mid-Autumn Festival and the National Day with the public, the “Performance to Celebrate the 75^th Anniversary of the National Day of the People’s Republic of China and the Haojiang Moonlight Night” – Dance Drama “Wing Chun” was held today. The second presentation of the performance will be held tomorrow (14 September), at 8pm, at the Macao Cultural Centre Grand Auditorium. Limited tickets are still available and the public is advised to purchase as soon as possible.
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The Global Legal & Sustainable Timber Forum 2024 (GLSTF 2024) came to a successful conclusion today (12 September). Featuring a forum, four specialised sub-forums, and a number of side events and business matching sessions, the two-day event attracted 800 guests from over 40 countries and regions. Two research outcomes and three action plans for multinational collaboration were announced during the forum, promoting international co-operation in legal and sustainable timber supply chains.
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The Global Legal & Sustainable Timber Forum 2024 (GLSTF 2024) kicked off today (11 September) in Macao under the theme “Together Towards Reliable and Effective Global Timber Supply Chains”.
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Organised by the Municipal Affairs Bureau (IAM) and the Oral History Association of Macao, co-organised by the Macau Artist Society, and supported by Macao Daily News, the “Celebration of the 75th Anniversary of the Founding of the People’s Republic of China and the 25th Anniversary of the Establishment of the Macao Special Administrative Region—Retrospective Exhibition of Macao Decorative Archways for the Celebration of China’s National Day” will be launched on 20 September in the IAM Gallery. Through displaying precious photos and design drawings of the decorative archways, the exhibition with rich, invaluable content showcases the development and changes of the archways built to celebrate the National Day since the late 1940s.
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Information from the Statistics and Census Service (DSEC) indicated that a total of 145 hotel establishments (including hotels and economical accommodation establishments) were operating in 2023, an increase of 12 year-on-year; total number of persons engaged grew by 27.8% to 45,704. With a rebound in the occupancy rate of guest rooms on the back of a surge in the number of guests, receipts of the hotel sector soared by 136.4% year-on-year to MOP37.93 billion. Besides, expenditure (excluding depreciation and interest paid) totalled MOP29.84 billion, up by 41.1% year-on-year. The hotel sector recorded a Gross Surplus of MOP8.18 billion in 2023, marking a turnaround from a deficit in the previous year. Gross Value Added that measures the sectoral contribution to the economy stood at MOP20.35 billion, an uplift of 302% year-on-year.
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The Monetary Authority of Macao announced today (13 September) that the preliminary estimate of Macao SAR’s foreign exchange reserves amounted to MOP228.9 billion (USD28.50 billion) at the end of August 2024, which remained virtually unchanged from the previous month. Macao SAR’s foreign exchange reserves at end-August 2024 represented 11 times the currency in circulation or 90.1% of pataca M2 at end-July 2024.
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