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With the aim of continuing to deepen the co-operation between Guangdong and Macao and implement joint investment promotion of the Guangdong-Macao Co-operation Industrial Park, enabling the Macao community and interested parties to have better understanding of the investment promotion procedures of the Guangdong-Macao Co-operation Industrial Park and relevant preferential policies in Hengqin, the "Guangdong-Macao Co-operation Industrial Park Joint Investment Promotion and Hengqin Policies Seminar" was jointly organised by the Commercial Office of the Economic Affairs Department of the Liaison Office of the Central People's Government in the Macao SAR, Department of Foreign Trade and Economic Co-operation of Guangdong Province, Macao Trade and Investment Promotion Institute (IPIM), Administrative Committee of Hengqin New Area and the Zhuhai Investment Promotion Bureau. The seminar was held from 15:00 to 17:00 on Wednesday, 17 July 2013, at the Lotus Room located on the 5th floor of the Macao World Trade Centre Building. During the Seminar, speeches were made by Mr. Hu Jingyan, Deputy Director-General of Economic Affairs Department, Head of Commercial Office of the Liaison Office of the Central People's Government in the Macao SAR and Mr. Chen Yuehua, Deputy Director-General of Department of Foreign Trade and Economic Co-operation of Guangdong Province. Mr. Jackson Chang, IPIM's President, talked about the guidelines and arrangements of the joint investment promotion of the industrial park. Mr. Yezhen, Deputy Director of the Administrative Committee of Hengqin New Area, briefed on the priority industries, policies on taxation, customs clearance, finance and trade in services, as well as the business environment in Hengqin. Mr. Liuyang, Director of Exchange and Co-operation Bureau of the Administrative Committee of Hengqin New Area in Zhuhai, gave a presentation on the "Guiding Catalogue for the Development of Industries in the Hengqin New Area". Mr. Yanwu, Director of Finance Affairs Bureau of the Administrative Committee of Hengqin New Area, Zhuhai gave a presentation on the "Interim Administrative Measures of the Department of Finance of Guangdong Province on Subsidising the Differences in Personal Income Tax of Hong Kong and Macao Residents Working in the Hengqin New Area in Zhuhai". A Q & A session was held to enable participants to raise questions on the requirements and procedures of investing in the industrial park, as well as related preferential policies in Hengqin. Macao enterprises and investors interested in investing in the Guangdong and Macao Co-operation Industrial park may submit their application to Macao Trade and Investment Promotion Institute (IPIM) between 1 August to 31 October. Application Collection Counter of Guangdong-Macao Co-operation Industrial Park in Hengqin is located at IPIM's Macao Business Support Centre (address: 19th Floor, China Civil Plaza Building, 263 Alameda Dr. Carlos d'Assumpção, Macao). For enquiries, please contact 853-2872 8328 or email to onestopservcie@ipim.gov.mo, or visit IPIM's website www.ipim.gov.mo.
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From 1 to 9 July, Institute for Tourism Studies (IFT), Macao and Leeds Metropolitan University, U.K. jointly organised Summer International Exchange Programme 2013 in Yorkshire. U.K. Themed "Developing Cultural Tourism" this year, the Programme attracted 25 students from China (including Macao and Hong Kong), Japan and the United Kingdom to participate. In the nine-day programme, they acquired the knowledge about the theme through interacting and exchanging ideas with experts, industry professionals and officials, as well as conducting seminars, field trips and presentations. In the last day of the programme, the participants concluded what they had learnt in a sharing session and received certificates from the organiser. Since 1998, IFT has been organising the Summer Programme annually with different themes, and brought students from all over the world to Macao and IFT for cultural exchange. From 2009, IFT has been collaborating with an overseas partner, Asia-Pacific Education and Training Institutes in Tourism (APETIT), to conduct the Programme out of Macao for widening local students' horizon. This programme not only welcomes university students from Macao but also other countries and regions to join. Participants can have the unique opportunity to experience other cultures and get along with people from different cultural background that It is certainly beneficial for them to develop career in the tourism industry in the future. This is the fifth year that IFT organised the programme in cooperation with institutions outside Macao. Through conducting collaborations with institutions in other countries and regions alike, IFT strives to promote the globalised tourism education development of Macao.
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A male inmate from Mainland China, sentenced to imprisonment for homicide, lost consciousness while taking a shower at the detention zone yesterday (15 July). He was sent to the hospital for treatment but was certified dead later. The male inmate's surname Li, aged 47, Mainland Chinese resident, was born in Kaiping, Guangdong. He was sentenced to 18 years in prison for homicide in 1995. In February 2000, while serving his sentence, he was given a 15-year sentence for killing another inmate, making his total imprisonment 33 years. According to the Prison's medical records, inmate Li was suffering from a chronic illness. He commenced his psychiatric treatment in 2003. In 2009, he was diagnosed with chronic nephritis. The deterioration of his kidney function led to illnesses such as renal failure and secondary hypertension. Hence, starting from September 2011, he needed to undergo renal dialysis twice a week at the hospital. Inmate Li was confined on the single cell floor in Block 7 of the Male Detention Zone. Approximately 5:05 p.m. yesterday, inmate Li suddenly fainted while taking a shower. A foreign inmate witnessed that and called the on-duty prison guard for help. The prison guard instantaneously summoned the prison medical staff to perform first aid, and called an ambulance to transport the inmate to Conde S. Januário Hospital for emergency treatment. The hospital certified his death at 6:27 p.m.. Prison information indicates that there were no anomalies surrounding his death while the cause was yet to be confirmed. After the incident, prison social workers contacted his family, and would assist with the ensuing formalities and provide appropriate counseling services. Furthermore, the incident has been passed to the Judiciary Police while the Prison will initiate an internal investigation. In addition, two pregnant female inmates were sent to the hospital on an ambulance in early morning yesterday (15 July) and at the wee hours of today (16 July) respectively. One of the female inmate surname Ning gave birth to a baby girl on 15 July night; both mother and daughter are in good health. The other female inmate, surname Tian, is still in hospital. According to prison regulations, female inmates are entitled to living together with their newborns until they reach three years of age, per the internal regulations and conditions.
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Consumer Council conducted its specific price survey on household cleansing products on 15th July 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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Consumer Council conducted its specific price survey on personal hygiene products on 12th July 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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Institute for Tourism Studies emphasises on both theoretical and practical learning. Students can choose to perform a 6-month internship programme in Macao or overseas organisations which are related to their specialisations, so as to apply the theory and practical techniques they have learnt in classes to actual work environment. It is hoped that students can keep up with market demands and get ready for their future career. Besides studies, IFT always encourage and support students to join more public activities in the areas of sports, culture, language, art, creativity etc., in order to maintain their mental and physical well-being. In the academic year of 2012/13, IFT students participated in various extra-curricular activities and achieved outstanding results in sports events:
- The 9th University Games of the People's Republic of China - 100m Breaststroke Men 1st Runner-up, which broke the record of Macao and was the first medal that students in Macao had ever won in this game;
- FINA World Championships, Sweden - participated and broke 2 short course records of Macao:
- Macao University Bowling Championship – the Champion
- Macau Open Taekwondo Championship - the Champion in Black Belt Female Adult Group A and 2nd Runner-up in Male Group F
- Macao University Volleyball Championship – the Champion in both women and men category;
- The 21st Hong Kong University Science and Technology Volleyball Tournament – the Champion in men category and 2nd Runner-up in women category Other than sports activities, students also enthusiastically engaged and performed very well in other activities such as the 1st Young Macanese Cooking Competition, the 10th Macao Inter-Tertiary Debate Competition, the 4th Higher Educational Institutions Games' Challenge in Pearl River Delta Region, the 5th Tourism and Hospitality Quiz, the 2nd Macao-wide Business Knowledge Competition, the 8th Macao Inter-Universities Writing Competition, etc. IFT has been offering various types of extra-curricular activities for students to join, including jazz dance, step aerobics, Portuguese folk dance, samba, oil painting, sketching, architectural drawing, photography, film appreciation, choir, guitar, dragon boat, fencing, volleyball, badminton, basketball, squash, soccer, hockey, taekwondo, English/Mandarin debate, Portuguese, French, everyday Mandarin for foreigners, professional etiquette, theme cake workshop, skin care and make up workshop. IFT hopes that students can effectively utilise their spare time, participate in more extra-curricular activities to get to know more people and new things in order to broaden their view and social network, these are all the essentials that tourism professionals should possess.
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Information from the Statistics and Census Service (DSEC) indicated that the Tourist Price Index (TPI) for the second quarter of 2013 increased by 6.08% year-on-year to 125.80, attributable to higher charges for hotel accommodation and restaurant services. Notable increase was observed in the price index of Food, Alcoholic Drinks & Tobacco (+9.62%); Accommodation (+8.56%) and Clothing & Footwear (+8.52%) on account of rising hotel room rate, as well as dearer prices of local food products, alcoholic beverages & tobacco and handbags. On the contrary, price index of Miscellaneous Goods decreased by 2.85% year-on-year. TPI for the second quarter of 2013 decreased by 6.22% quarter-to-quarter, of which price index of Accommodation and Transport & Communications dropped by 23.06% and 6.43% respectively due to lower hotel room rate and airfare after the Lunar New Year. However, price index of Clothing & Footwear rose by 3.81% quarter-to-quarter. The average TPI for the last four quarters ended the second quarter of 2013 increased by 5.47% from the previous period, with marked increase being observed in the price index of Clothing & Footwear (+13.16%); Food, Alcoholic Drinks & Tobacco (+8.13%); and Entertainment & Cultural Activities (+7.84%). For the first half year of 2013, TPI went up by 7.01% year-on-year, of which price index of Clothing & Footwear; Food, Alcoholic Drinks & Tobacco and Transport & Communications increased by 14.26%, 9.65% and 7.47% respectively. The 2009/2010-based TPI reflects the price change of goods and services purchased by visitors. Sections of TPI goods and services are selected according to the consumption pattern of visitors, namely Food, Alcoholic Beverages & Tobacco; Clothing & Footwear; Accommodation; Restaurant Services; Transport & Communications; Medicine & Personal Goods; Entertainment & Cultural Activities; and Miscellaneous Goods.
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Information from the Statistics and Census Service (DSEC) indicated that visitor arrivals in package tours increased by 7.7% year-on-year to 721,104 in May 2013. Visitors arrivals in package tours mainly came from Mainland China (547,803), with 174,678 coming from Guangdong Province, followed by those from Taiwan, China (43,926); Hong Kong (30,048) and the Republic of Korea (25,011). In the first five months of 2013, visitors in package tours totalled 3,785,408, up by 10.7% year-on-year. Outbound residents using services of travel agencies increased by 20.1% year-on-year to 113,268 in May this year; those travelling in package tours totalled 41,717, with Mainland China; Thailand and Taiwan, China being the main destinations. In the first five months of 2013, outbound residents increased by 26.1% year-on-year to 593,798, of which 218,664 travelled in package tours. There were 99 hotels and guesthouses operating at the end of May 2013, providing 28,065 rooms, up by 16.4% year-on-year; guest rooms of 5-star hotels accounted for 66.5% of the total. In May 2013, guests checking into hotels and guesthouses rose by 20.3% year-on-year to 907,831 guests; those staying in 5-star hotels soared by 43.9%, at 562,281. The average length of stay of guests decreased by 0.1 night year-on-year to 1.3 nights. The majority of guests came from Mainland China (59.2% of total) and Hong Kong (16.0%). The average occupancy rate of hotels and guesthouses decreased by 0.5 percentage points to 77.6%, with that of 4-star hotels at 80.5%. In the first five months of 2013, number of guests increased by 16.9% year-on-year to 4,329,662; the average occupancy rate stood at 79.4%, down by 2.5 percentage points. In the first five months of 2013, visitor-guests took up 71.6% of the total number of overnight visitors, higher than the 64.6% in the same period of 2012.
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The Monetary Authority of Macao announced today that the preliminary estimate of Macao SAR's foreign exchange reserves amounted to MOP127.0 billion (USD15.90 billion) at the end of June 2013. The reserves fell by 1.2% from the revised value of MOP128.5 billion (USD16.07 billion) for the previous month. When compared with a year earlier, the reserves dropped by MOP7.5 billion or 5.6%. Macao SAR's foreign exchange reserves at end-June 2013 represented 15 times the currency in circulation or 130.0% of Pataca M2 at end-May 2013. The trade-weighted effective exchange rate index for the pataca, a gauge of the domestic currency's exchange rates against the currencies of Macao's major trading partners, dropped by 0.62 points month-to-month and 0.94 points year-on-year to 97.77 in June 2013. For enquiry, please contact:
Research and Statistics Department, Monetary Authority of Macao (Tel: 83952532; Fax: 28353042)
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The three-day event, Macao Franchise Expo 2013 (2013MFE) came to a successful end. The overall turnout was significantly high, up to17,000. A total of 1,545 business matching sessions have been achieved, which resulted in the signing of 28 cooperation protocols. In his closing speech, Mr. Agostinho Vong, Senior Manager of Macao Trade and Investment Promotion Institute concluded that the scale and the level of the internationalisation of 2013 MFE have been gradually expanding and increasing which could be seen in the increase in the area of the venue and the first-time participation of European exhibitors. The participation of groups of media partners from Guangdong province and Hong Kong has strengthened the promotion on a regional basis. Also, by means of social networking website and other emerging media, the event attracted a substantial number of trade visitors from different fields.
A total of 1,545 on-site business matching were arranged, (1,346 sessions last year), a rise of nearly 15% year-on-year, of which 93% was specially arranged for SMEs and business beginners. A 12% increase year-on-year has contributed to the on-site signing of 28 cooperation protocols, (25 last year), including agreements on franchise catering, branded chain store, brand sales agency, branding promotion and collaborative agreements of business associations.
In addition, Mr. Jong Pyo Park, Deputy Director General of Korea Trade –Investment Promotion Agency, Ms. Karen Kwan, Vice Chairman of Licensing & Franchising Association of Hong Kong, Mr. Iao Weng Lei, Vice Director General of Macau Chain Stores and Franchise Association, Mr. Benjamin Ee, Vice President of ASEAN Retail-Chains & Franchise Federation, Mr. Keyvin Bi, Director General of The Association of Advertising Agents of Macau, shared their insights and opinions on the development of chain and franchise business during the press briefing and appreciate the fruitful outcomes of the events.
Three forums with different themes and a series of professional presentation sessions during the 3-day event has broadened a lot the horizon of all participants and encouraged them to learn more of how to seek business opportunities through chain and franchise. The business matching area created a lively ambience for entrepreneurs to explore the possibility of business cooperation and achieve mutual benefits. Moreover, the 2013 MFE Brand Re-packaging Consultancy Pavilion and One-stop Service provided information and advisory services to all business starters and SMEs interested to expand their business scopes through chain operation and franchising. This makes Macao as a business platform to attract international brands and chain store operators with 2013 MFE as an ideal occasion to showcase different brands and services both from home and abroad to strengthen exchange and collaboration and connect Macao with overseas markets. According to the figures and number of participants collected by the organiser, the event this year has achieved the desired outcomes, with a total of over 17,000 visitors. It is believed to be largely due to the weekend holiday and the intriguing activities held during the event this year, including a number of unique brand shows and free food and beverage tasting in some exhibitors. According to the preliminary data collected from a survey conducted during the three days event, visitors' age ranged from 18 to 30 years-old (46.54 %) and from 31 to 45 years (36.87 %). This indicates that the MFE has met its objective of creating a platform for potential young entrepreneurs to start their own business. Most of the exhibitors were highly satisfied (61.11 %) and appreciate the Organisers for the arrangement. They also expressed their interest in returning for the event next year. The event has gradually served as an international business platform to foster interactive communications and collaborations for a broader spectrum of business opportunities and investments. This certainly helps to foster a desirable environment for local young talents and SMEs to establishing brand images and entrepreneur culture in Macao. Building on the fruitful results and previous experiences and in line with making Macao a new height towards "World-class tourism and leisure centre", MFE continues to strengthen the trade service platform to promote local brand products on an international scale and attract more international brands to invest in Macao, in order to promote economic diversification.
2013 MFE was jointly organised by Macao Trade and Investment Promotion Institute (IPIM), Brazilian Franchise Association (ABF), Association of Chain and Franchise Promotion, Taiwan (ACFPT), Macao International Brand Enterprise Commercial Association (MIBA), Macao Chain Stores and Franchise Association (MCFA) and Licensing and Franchising Association of Hong Kong (LFA), supported by Chinese Chain Store & Franchise Association (CCFA), International Franchise Association (IFA) and Japan Franchise Association (JFA), co-organised by the Franchising & Licensing Association (Singapore), Korea Franchise Association, Malaysia Retailers' Chain Association and Thailand Franchise Association, and coordinated by the Association of Advertising Agents of Macao. The slogan this year was "Brand Expansion Continues, Business Opportunities to be seized".
"Macao Franchise Expo 2014" (20I4 MFE), is tentatively scheduled to be held on July 4 to 6 next year and will continue to actively promote the franchising business, working together with business communities both at home and abroad to create more prospective business opportunities.
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