News

From May 13 this year, Macao Postal Savings will set up a special currency exchange counter at the Marine Terminal Post Office, located at the ground floor (Arrivals), providing money exchange service for more than 10 currencies such as Hong Kong Dollar, Renminbi, U.S. Dollar, Euro, Japanese Yen, etc. In addition to the currency exchange service, we will also provide Western Union money transfer service, during the following office hours: Monday to Saturday, 11 am to 2 pm and from 3pm to 7 pm. The office hours for other services rendered in the said post office remains unchanged: Monday to Saturday, from 10 am to 7 pm.
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Senior Superintendent and Head of Enforcement Division of Macao Customs Service, Ian Chan Un, was invited by Consumer Council as speaker to introduce to 'Adherents' and 'Certified Shops' the legislations regarding intellectual property rights in Macao. Consumer Council offers various professional training to its 'Adherents' and 'Certified Shops', aiming to let both businesses and consumers aware of their own rights and obligations by spreading knowledge of legislations regarding consumer rights. Head of Enforcement Division of Macao Customs Service, Ian Chan Un, was invited to speak at the talk on 'protecting consumer rights' and 'intellectual property' earlier. Ian Chan Un gave an introduction to 'what is intellectual property', explained its importance and the scopes involved during the talk. The three main legislations for protecting intellectual property rights in Macao include Decree-Laws 43/99/M, 51/99/M, and 97/99M. The three decree-laws cover intellectual property rights of the author, the production and sales of discs, and industrial production. Ian Chan Un reminded that retail businesses like 'Adherents' and 'Certified Shops' should be aware of the regulations in Decree-Law 97/99/M as they involve the protection of industrial intellectual property rights, including the rights of patent and trademark. Ian pointed that any person who violates the regulations are subject to fines and penalties. The Macao Customs Service is keen on attacking infringements on intellectual property rights and through the co-operation with Consumer Council in recent years, many cases of intellectual property infringement have been tackled. Ian believes that 'Adherents' and 'Certified Shops' are self-disciplined and abide by the laws but certain businesses may infringe intellectual property rights during procurement due to insufficient knowledge about the product, neglect or misguidance. Therefore, businesses should pay attention to the sources and trademarks of the products during procurement and only buy from reliable suppliers. Businesses are welcome to contact the Macao Custom Service or Consumer Council when they have doubts about the origins of products. Participants included industries such as drugstores, optical retail and clothing & apparel.
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Consumer Council conducted its specific price survey on canned foods on 7th May for the implementation of Section 2b), Article 10, Law 4/95/M of 12th June. Result of the mentioned survey has been uploaded to the Council's website (www.consumer.gov.mo) and is available in the Council's 'Supermarket Price Information Platform' iPhone and Android apps. For inquiry, please call the Council's hotline: 8988 9315.
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To celebrate the International Children's Day, Communications Museum will waive the entrance fee for all visitors on June 1, 2013 (Saturday). From now until May 24, the Museum accepts online registration for the "Stand Painting Workshop" to be held on June 1, from 3 p.m. to 5.30 p.m. During the break, the participants may join the special guided tour "Explore Singapore! Colours of Heritage" Special Exhibition and taste special Singaporean delicacies. The International Children's Day Fair 2013, jointly organized by the Social Welfare Bureau, Public Administration and Civil Service Bureau, Education and Youth Affairs Bureau and Legal Affairs Bureau, will be held at the Macao Forum from 9 a.m. to 5 p.m. on May 26 (Sunday). At the booth of Communications Museum, visitors can play the game "How much do you know about your motherland?". At 4:15 pm, there will be stage promotion about "Kids, Let's Collect Stamps", in which the kids are invited to play a maze game printed on large stamps. Participants can win fabulous prizes and enjoy a cheerful Children's Day.
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The Statistics and Census Service (DSEC) has completed the second round of the four-quarter data collection of the 2012/2013 Household Budget Survey (HBS). The progress has been satisfactory with the support and cooperation of households. As a token of appreciation for the cooperating households, DSEC held the second Cooperating Household Lucky Draw. Ten winning households were drawn and will be notified by phone and mail. Winning households shall collect their prize in person at the Promotion and Data Dissemination Division of DSEC (Alameda Dr. Carlos d'Assumpção, No. 411-417, Dynasty Plaza, 17th floor) by presenting the winner notification letter, identity card of the household member and a proof (e.g. water, electricity or phone bill, etc.) containing his/her name and the address of the household. The list of winning households is available on the DSEC website. For enquiries, please contact Ms. Yu at 8399 5332.
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The 24th Macao Arts Festival (MAF), organised by the Cultural Affairs Bureau, began Friday, 3 May, and features thirty-four diverse programmes over the course of a month. The first week of the Festival includes, among others, the concert Italian Scent by the Macao Orchestra, under the baton of Maestro Arvo Volmer, Chief Conductor and Music Director of the Adelaide Symphony Orchestra, to be held on 9 May, at 8pm, at the Macao Cultural Centre Grand Auditorium. The concert is a symphonic exploration of the beautiful Mediterranean country through the individual perspectives of a Russian, a German and, of course, an Italian composer. The programme features Tchaikovsky's celebrated Capriccio Italien, inspired by a long tour in Italy, during which the composer came to appreciate the country's folk music and street songs. Now hailed as one of the most satisfying small-scale orchestral works, this fantasy for orchestra evokes enchanting Italian landscapes, sounds from pastoral countryside and bustling city, as well as a festive carnival in full swing! Mendelssohn's Italian Symphony is also imbued with the colour and atmosphere of Italy, where the work was sketched, while Respighi's Le Fontane di Roma (The Fountains of Rome) and I Pini di Roma (The Pines of Rome) come from the Italian composer's Roman Trilogy of symphonic poems, his best known orchestral pieces. The 24th MAF would like to bring the public closer to what cinema was in the Silent Era, with a programme of four films reflecting the genius, intensity and glamour of the 1920s, screened at the Dom Pedro V Theatre from 10 to 12 May: (* please find the attached file) Les Triplettes de BelleVille, a contemporary Oscar-nominated animated film relying solely on image and music to tell a charming story, carries on the silent movie tradition. Silent-era filmmakers produced masterpieces that can seem breathtakingly modern. A remarkably short while after the birth of cinema, filmmakers had developed all the techniques that would establish the art form. Though the ability to marry sound to the film print eluded them, the creators never meant their films to be viewed in silence. The absence of recording on set, though, meant that the camera was free to move with a grace and elegance that allowed visual storytelling to flourish and made film more than just an adjunct to the stage. It is through these films that the world first came to love movies and learned how to appreciate them as art. They have influenced every generation of filmmakers and continue to inspire audiences nearly a century after they were made. The 1920's Rendez-vous - Cine-Concerts feature soundtracks by the Octuor de France and four local composers. They provide the silent films with musical accompaniment, played live and synchronized to the masterpieces. Tickets for the 24th Macao Arts Festival are still available in limited numbers at all Kong Seng Ticketing Network outlets. Telephone bookings may be made on 2855 5555. For more information please check the MAF website at: www.icm.gov.mo/fam.
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Information from the Statistics and Census Service (DSEC) indicated that a total of 988 new companies were incorporated in the first quarter of 2013, up by 107 year-on-year; total value of registered capital decreased by 22.4% to MOP154 million, with that of Wholesale and Retail (MOP52 million) falling by 16.2%. The majority of new incorporations were operating in Wholesale and Retail (401), Business Services (184) and Construction (127). Analysed by size of registered capital, there were 701 new incorporations (71.0% of total) registered with capital under MOP50,000 and the total value of capital amounted to MOP18 million; however, there were 33 new companies registered with capital of MOP1,000,000 or over, and the total value of capital reached MOP98 million (63.8% of total), indicating the predominance of new incorporations with small capital. Analysed by place of residence of the shareholders, in the first quarter of 2013, capital of the new companies came mainly from Macao (MOP70 million), which was followed by Mainland China (MOP36 million), including MOP19 million from the 9 Provinces of the Pan-Pearl River Delta Region; capital of those from Portugal amounted to MOP25 million. Analysed by combination of the shareholders, there were 645 new companies established solely by Macao shareholders, and 146 joint ventures between shareholders from Macao and other countries or regions. In the first quarter of 2013, companies in dissolution totalled 129, similar to the same quarter of 2012, of which 56 were previously operating in Wholesale and Retail. The value of registered capital of companies in dissolution amounted to MOP188 million, up by almost 5 times year-on-year. At the end of the first quarter of 2013, number of registered companies totalled 40,647, an increase of 3,220 from a year earlier.
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According to statistics released today by the Monetary Authority of Macao, broad money supply grew marginally in March. As total loans increased while total deposits decreased, the overall loan-to-deposit ratio of the banking sector rose from a month earlier. Money supply Currency in circulation dropped 0.8% while demand deposits grew 1.9%. M1 thus increased 1.5% from one month earlier. Concurrently, quasi-monetary liabilities slid 0.1%. The sum of these two items, i.e. M2, rose slightly by 0.1% to MOP391.1 billion. On an annual basis, M1 and M2 rose 33.5% and 25.9% respectively. The share of Pataca (MOP) in M2 stood at 24.8%, up 0.2 percentage points from a month ago but down 0.9 percentage points from a year earlier. The share of Hong Kong Dollar (HKD) in M2 was 54.4%, down 0.2 percentage points month-to-month and year-on-year. Deposits Resident deposits rose slightly by 0.1% from the preceding month to MOP383.0 billion. Of which, MOP deposits and other foreign currency deposits increased at respective rates of 1.0% and 0.3% while HKD deposits slid 0.3%. Non-resident deposits dropped 1.9% to MOP131.3 billion whereas public sector deposits with the banking sector increased 2.4% to MOP53.7 billion. As a result, total deposits with the banking sector dropped marginally by 0.1% from a month earlier to MOP567.9 billion. The shares of MOP and HKD in total deposits were 20.8% and 47.0% respectively. Loans Domestic loans to the private sector increased 1.7% from a month ago to MOP210.8 billion. Among which, MOP67.4 billion was MOP-denominated and MOP125.3 billion was denominated in HKD, representing 32.0% and 59.4% of the total respectively. Analysed by economic sector, loans to "manufacturing industries", "restaurants, hotels and similar" and "construction and public works" increased at respective rates of 19.5%, 19.4% and 12.9% compared with a quarter ago, whereas loans to "gaming" dropped 58.4%. External loans increased 9.3% to MOP256.7 billion; of which, loans denominated in MOP and HKD accounted for 0.9% (MOP2.2 billion) and 20.4% (MOP52.3 billion) respectively. Loan-to-deposit ratios The loan-to-deposit ratio for the resident sector at end-March rose 0.6 percentage points from the previous month to 48.3%. The ratio for both the resident and non-resident sectors also increased 4.6 percentage points to 82.3%.
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Rigorous training of Macau Grand Prix race officials and staff got under way today (May 4th) with an opening ceremony held at noon at the Tourism Activities Centre. Secretary for Social Affairs and Culture Mr. Cheong U officiated at the ceremony, and awarded the 20 training course instructor certificates of appointment. More than 800 volunteers have signed up to be part of the historic 60th Macau Grand Prix this year. While the officiating guests waved the Macau flag on stage, 30 confetti firecrackers were set off and the 60 heads of the marshal posts around the Guia Circuit waved flags, all to celebrate the official start of this year's training programme. The first of a full schedule of training programmes began the same afternoon, and courses will continue until July. The programmes include both theory and practical training for the volunteers, covering every aspect of the event to ensure a thorough understanding and high level of competence. Internship programs will be held in August. The individuals undergoing training include Race Control personnel, track, flag and pitlane marshals, grid staff, track clearance teams and scrutineers. Recruitment of volunteers began in late March and more than half of the enrollment applications were from students. This is encouraging, and demonstrates the event's attraction amongst the young which bodes well for the future development of the Grand Prix. While the 60th Grand Prix provides an opportunity for the city's youth to become personally involved in the Diamond Jubilee celebrations, the event belongs to all the people of Macau as it is passed on through the generations. Each year, the Macau Grand Prix Committee works closely with the Automobile General Association of Macao-China (AAMC) on their ongoing commitment to training event staff to world-class levels. From theory courses to practical exercises, the highest standards are demanded from each volunteer, and each must also pass examinations in order to qualify as event staff. Staff deployed in a multitude of different positions each play an important role in the overall success of the event.
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Consumer Council conducted its specific price survey on rice on 2nd May for the implementation of Section 2b), Article 10, Law 4/95/M of 12th June. Result of the mentioned survey has been uploaded to the Council's website (www.consumer.gov.mo) and is available in the Council's 'Supermarket Price Information Platform' iPhone and Android apps. For inquiry, please call the Council's hotline: 8988 9315.
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