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[Helping Macao Enterprises Integrate into the Overall National Development] Macao-Hengqin Sharing Session Was Held to Help Macao-invested Enterprises Seize Development Opportunities in Hengqin

The Commerce and Investment Promotion Institute (IPIM) and the Commercial Services Bureau of the Guangdong-Macao In-Depth Co-operation Zone in Hengqin held the “Macao Ideas’ Sharing Session on Seizing the Opportunities in Hengqin” today (15 Aug), inviting government and enterprise representatives from the Co-operation Zone to introduce the supporting policies, such as the “Hengqin-Macao Innovation Industrial Park” and the “Products Inspected by Macao”, for Macao-invested enterprises to create broader space for development. Over 50 “Macao Ideas” exhibitors and Macao enterprises attended the event to explore the business opportunities.




Exhibition of Calligraphic Documents by Huang Tingjian inaugurated at Tap Seac Gallery

Organised by the Cultural Affairs Bureau (IC, from the Portuguese acronym) of the Macao SAR Government and the People’s Government of Xiushui County, Jiangxi Province, People’s Republic of China and coordinated by the Culture, Radio, Television and Tourism Bureau of Xiushui County, Jiangxi Province, Red Genes and Cultural Heritage Development Centre of Xiushui County, Jiangxi Province, and Huang Tingjian Memorial Hall of Jiangxi Province (Xiushui County Museum), “The Way of Huang Tingjian – Exhibition of Calligraphic Documents” was inaugurated on 15 August at the Tap Seac Gallery. The ceremony was officiated by the President of the Cultural Affairs Bureau of the Macao SAR Government, Leong Wai Man; the Chief of the Division of Culture and Sports of the Department of Publicity and Culture of the Liaison Office of the Central People's Government in the Macao SAR, Bai Bing; the Deputy Secretary of the County Committee of the Chinese Communist Party and Deputy Chief of Xiushui County, Jiangxi Province, Xin Jianbo; the Director of the Huang Tingjian Memorial Hall (Xiushui County Museum), Chen Ailing; the President of the Associação dos Conterrâneos de Jiangxi em Macau, Hu Feng; the Director of the Federation of Associations of Cultural Sectors of Macau, Li Zisong; and the President of the Yu Un Chinese Calligraphers and Painters Association of Macao, Alberto Lei, and was attended by the First Class Principal Section Member of the Culture, Radio, Television and Tourism Bureau of Xiushui County, Jiangxi Province, Luo Xianhua; the Vice President of the Xiushui Federation of Literary and Art Circles, Wei Chan; the Deputy Directors of the Huang Tingjian Memorial Hall (Xiushui County Museum), Cha Danni and Hu Jianfeng; the Head of Research Department of the Huang Tingjian Memorial Hall (Xiushui County Museum), Chen Long; and the Head of Visual Art of the Cultural Affairs Bureau, Van Pou Lon.


International banking statistics – June 2024

According to the statistics released today (15 August) by the Monetary Authority of Macao, the proportion of international business in the local banking sector rose in the second quarter of 2024. At end-June 2024, the share of international assets in total banking assets increased to 83.4% from 83.3% at end-March 2024, while the share of international liabilities in total banking liabilities rose to 81.2% from 81.1%.


Rental statistics for the 2nd quarter of 2024

Information from the Statistics and Census Service (DSEC) indicated that the average rent per square metre of usable area for residential units in Macao was MOP135 in the second quarter of 2024, up by 1.7% quarter-on-quarter. The average rents for residential units in Coloane (MOP147), NATAP (MOP160) and NAPE & Aterros da Baía da Praia Grande (MOP138) increased by 5.5%, 4.6% and 2.0% respectively, whereas the average rents for those in Baixa de Macau (MOP117) and Barca (MOP120) decreased by 0.4% and 0.2%.


IPIM Continues to Hold Internal Integrity Seminars

The Commerce and Investment Promotion Institute (IPIM) held 2 internal integrity seminars recently, where the staff of the Legal Affairs Division helped all levels of personnel clearly understand the relevant legal requirements, maintain integrity at all times, and continuously consolidate the awareness of the rule of law by addressing the relevant legal provisions in the Administrative Procedure Code, the legal system of property and interest declaration, IPIM’s Internal Integrity Code, sharing common types of occupational crimes, examples and case studies.




[Macao-Hengqin Synergy & Multiple Entry for Tourist Groups] Fostering MICE Industry’s Qualitative Development

Lei Wai Nong, Secretary for Economy and Finance of the Macao Special Administrative Region Government and Director of the Executive Committee of the Guangdong-Macao In-Depth Co-operation Zone in Hengqin, went to the Co-operation Zone, with a delegation of about 20 members from the Committee for the Development of Conventions and Exhibitions on 13 August 2024. The delegation conducted on-site inspections to Hengqin MICE venues and hotels and MICE facilities invested by Macao enterprises, to gain an in-depth understanding of the latest development of the MICE industry in the Co-operation Zone, and had exchanged opinions with Hengqin MICE operators to strengthen mutual interconnection and interaction, in order to foster closer co-operation of Macao’s and Hengqin’s MICE sectors.


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