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Review Report Proposes Establishing Indicator-Based Conditions for Gradual Implementation of Mandatory Central Provident Fund
The Social Security Fund has released the Review of the Current Status and Development of the Non-Mandatory Central Provident Fund System (the “Review Report”), noting that the Non-Mandatory Central Provident Fund System has been functioning smoothly and has achieved certain results. There is broad acceptance of a mandatory Central Provident Fund System. However, due to the uneven pace of recovery across various industries, it is advised to keep non-mandatory participation for now. The report proposes the principle of “building consensus and gradual implementation”. It suggests establishing specific indicator conditions to gradually advance the mandatory Central Provident Fund System in coordination with Macao’s social and economic development.
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Social Security Fund Encourages Old-Age and Disability Pension Recipients to Use Electronic Methods for Proof of Life
In accordance with legal requirements, recipients of the Social Security Fund’s old-age and disability pensions must provide proof of life annually. For 2026, this requirement covers approximately 177,000 individuals. Beginning at 9:00 a.m. on 1 January, beneficiaries may use the “Macao One Account” mobile application to provide proof of life through facial recognition, without the need to visit the Social Security Fund or service counters. This service is also available to beneficiaries outside Macao, offering convenience and efficiency.
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Government announces 2025 Decorations, Medals, and Certificates of Merit
The Government of the Macao Special Administrative Region (MSAR) has today announced the list of Decorations, Medals, and Certificates of Merit awarded for 2025 by the MSAR. There are 28 recipients, either individuals or organisations, and the awards recognise respectively achievement, outstanding contribution, and distinguished service.
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Upper and Lower Limits of Central Provident Fund Contribution to Adjust Automatically with Minimum Wage Increase Next Year
In response to the increase of the “Minimum Wage for Employees” to 7,280 patacas per month effective from 1 January 2026, the upper and lower limits of the contribution basis under the Joint Provident Fund Scheme, as well as the upper limit of the contribution amount under the Individual Provident Fund Scheme, will be automatically adjusted on the same date in accordance with the law.
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Announcement of medical service arrangements of Macao Union Medical Center for New Year’s Eve and New Year’s Day
Since public employees are granted exemption from work in the afternoon of the New Year’s Eve on 31 December (Wednesday), and the New Year’s Day on 1 January (Thursday) is a public holiday, the outpatient services of the Macao Union Medical Center (including all specialist clinics, the Imagiology Centre, radiation therapy, blood drawing and specimen collection services), the Ambulatory Medical Centre, the Assisted Reproduction Center, as well as the outpatient and physical examination services of the International Medical Centre will be closed in the afternoon of 31 December and on 1 January. However, inpatient and hemodialysis services will operate as usual.
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Reformulation of the “Investment Funds Law” to facilitate the High-Quality Development of Modern Financial Services
To enhance the wealth management market and relevant legal framework, and to promote the development of the investment fund industry, the Macao SAR Government has reformulated the “Investment Funds Law”. The law was promulgated on 28 July 2025 and will come into force on 1 January 2026.
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Restoration works for the bronze statues of the Ruins of St. Paul’s to be performed since 2 January The VR exhibition is temporarily closed for inspection and maintenance works
As essential maintenance for the Ruins of St. Paul’s, the Cultural Affairs Bureau (IC, from the Portuguese acronym) has been conducting restoration and maintenance works for the seven statues on the façade of this monument in phases since 2025. The restoration work for three of the bronze statues has been completed this year. The phase 2 project is scheduled from 2 January to 9 February, 2026, which includes repair and maintenance works for the two bronze statues on the left side of the second tier and the Jesus statue on the fourth tier. Meanwhile, scaffolding will be installed on the front façade of the monument. For public safety and implementation of the works, the archaeological site behind the Ruins of St. Paul’s (including “Visiting the Ruins of St. Paul’s in Space and Time – Exhibition of Virtual Reality at the Ruins of St. Paul’s” and the Museum of Sacred Art and Crypt) will be temporarily closed to the public at certain time slots (please refer to the table below). During the project period, barricades will be temporarily installed at the forecourt of the Ruins of St. Paul’s to separate the project area from the public. For enquiries, please contact IC through tel. no. 2836 6320 during office hours.
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External merchandise trade statistics for November 2025
Information from the Statistics and Census Service (DSEC) indicated that total merchandise exports increased by 0.9% year-on-year to MOP1.14 billion in November 2025, while total merchandise imports dropped by 2.0% to MOP11.20 billion. Merchandise trade deficit totalled MOP10.06 billion.
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