9 June 2020
In a bid to enhance cooperation in the education sector in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), three tertiary institutions from Macao, Guangzhou and Hong Kong have signed an agreement to establish a GBA Portuguese language education alliance, which is aimed at promoting student exchange, academic seminars and research in the teaching of the … Continue reading "GBA Portuguese language education alliance established by Macao, Guangdong & HK"
5 June 2020
With the mission to promote the construction of the “International Portuguese Training Centre” and the “training base of Chinese-Portuguese bilingual talents”, and with the long-established effort in Portuguese language teachers’ training to enhance academic excellence and teaching, the Centre for Portuguese Studies (CPCLP) of Macao Polytechnic Institute (MPI) continues to offer summer training courses to … Continue reading "Macao Polytechnic Institute launches online Summer training courses for Portuguese language teachers"
4 June 2020
The Chief Executive, Mr Ho Iat Seng, has met with officials from Guangdong Province to exchange views on, respectively: extending Guangdong-Macao ties; accelerating effort on the Guangdong-Macao Intensive Cooperation Zone planned for the island of Hengqin; and the resumption of normal cross-boundary travel. Mr Ho visited Guangzhou in Guangdong on Tuesday (2 June) to meet … Continue reading "Macao CE in talks with Guangdong officials to extend bilateral ties"
2 June 2020
Information from the Statistics and Census Service (DSEC) indicated that number of MICE events held in the first quarter of 2020 declined by 69.8% (-263) year-on-year to 114, including 109 meetings & conferences, 3 exhibitions and 2 incentives. The decrease in MICE events was attributable to the postponement or cancellation of events due to the … Continue reading "Macao MICE statistics for the 1st quarter of 2020"
1 June 2020
The Agreement Concerning Amendment to the CEPA Agreement on Trade in Services, which was signed on 20 November 2019 in a bid to promote cooperation in the services sector between Macao and mainland China, went into force on 1 June 2020. Under the amendment, the threshold for Macao enterprises entering the mainland Chinese market will … Continue reading "Agreement Concerning Amendment to Mainland and Macao Closer Economic Partnership Arrangement (CEPA) Agreement on Trade in Services takes effect"
1 June 2020
Information from the Statistics and Census Service indicated that Gross Domestic Product (GDP) dropped by 48.7% year-on-year in real terms in the first quarter of 2020. The epidemic of novel coronavirus pneumonia has significantly dampened global economic activity. Although no widespread transmission of the virus was observed within the city, the economy of Macao, which … Continue reading "Gross domestic product of Macao for the 1st quarter of 2020"
29 May 2020
The authorities in Macao will begin next month taking applications by Macao students for annual grants worth up to 84,000 patacas (about US$10,500) to undertake postgraduate studies in Portugal. In a written announcement, the Macao Talent Development Committee says grants will be given to three students to pursue master’s degrees, preferably in the Portuguese language, … Continue reading "Macao offering postgraduates money to study in Portugal"
28 May 2020
According to the “International Meetings Market 2019 Report” recently published by the International Congress and Convention Association (ICCA), Macao has climbed up multiple ranks. Macao has moved up 23 places to the 48th among cities worldwide. In terms of Asia Pacific cities, Macao ranks the 12th, five places up compared to 2018. ICCA has also recognised … Continue reading "ICCA Report: Macao Ranks Top 50 among International Convention Cities"
26 May 2020
Information from the Statistics and Census Service (DSEC) indicated that value of retail sales for the first quarter of 2020 fell by 45.1% year-on-year to MOP11.24 billion amid the epidemic, and the sales volume index dropped by 44.8%. As compared to the first quarter of 2019, sales values of Watches, Clocks & Jewellery (-57.5%), Department … Continue reading "Results of retail sales survey of Macao for the 1st quarter of 2020"
25 May 2020
The Macao Polytechnic Institute (MPI) and the University of Porto in the northern Portuguese city of Oporto have begun publishing jointly Orientes do Português, the first international academic journal in Portuguese in Asia, MPI says. A written announcement by MPI says the journal will contain articles about research by academics in Asia into contact linguistics, … Continue reading "Macao, Oporto colleges launch academic journal in Portuguese"
25 May 2020
Information from the Statistics and Census Service (DSEC) indicated that number of banks in Macao totalled 30 at the end of the first quarter of 2020, an increase of 3 year-on-year. Full-time employees in the Banking Sector rose by 343 year-on-year to 6,806. Analysed by occupation, there were 2,007 directors & managers and 2,060 clerks … Continue reading "Survey on Macao manpower needs and wages for the 1st quarter of 2020 – Banking sector"
22 May 2020
The journal, The Portuguese Language in the Orient (Orientes do Portugues), the first ever Portuguese academic periodical in Asia, has hit the shelf; the periodical is co-published by the Macao Polytechnic Institute and the University of Porto in Portugal. The aim of the periodical is to enhance Macao’s strengths as a services platform between China … Continue reading "The first Portuguese academic periodical in Asia co-published by Macao Polytechnic Institute & Porto hits the shelf"
22 May 2020
The Talent Development Committee will be launching three subsidy schemes for postgraduate studies in Portugal. The three schemes are: Scholarship Scheme for Master’s Degree Courses at the University of Coimbra, Portugal; Postgraduate Degree Course Scholarship Program – Association of Principals of Portuguese-speaking Universities; and Scholarship Scheme for Master Course of the Institutions under Portuguese Polytechnics … Continue reading "Talent Development Committee of Macao to launch 3 subsidy schemes for Portuguese postgrad programs in June"
21 May 2020
Information from the Statistics and Census Service (DSEC) indicated that the business of restaurants & similar establishments and retailers remained sluggish in March 2020. There were 97% of the interviewed restaurants & similar establishments recording a year-on-year decline in receipts in March, representing a slight decrease of 1 percentage point from February. All of the … Continue reading "Business climate survey on Macao restaurants & similar establishments and retail trade for March 2020"
21 May 2020
Information from the Statistics and Census Service (DSEC) indicated that total spending (excluding gaming expenses) of visitors declined by 70.4% year-on-year to a mere MOP5.01 billion in the first quarter of 2020, resulting from a 68.9% decrease in number of visitor arrivals (3,219,170). Total spending of overnight visitors (MOP3.78 billion) and same-day visitors (MOP1.23 billion) … Continue reading "Results of visitor expenditure survey in Macao for the 1st quarter of 2020"
20 May 2020
Director of the Health Bureau, Mr Lei Chin Ion, announced that the last COVID-19 patient in Macao had fully recovered and had been discharged from hospital, which means that all 35 COVID-19 patients during the second wave of outbreak have been discharged from hospital. According to Mr Lei, the latest discharged patient was the 11th … Continue reading "Macao maintains record of zero deaths among COVID-19 patients and zero infection rates among medical workers"
20 May 2020
The Subsidy Scheme for Students Enrolled in Programs of the University of Porto, which was introduced this year by the Tertiary Education Fund, will be open for application from 25 may to 7 July. The scheme aims at supporting Macao residents who are enrolled in bachelor degree programs, dual degree programs or Portuguese preparatory courses … Continue reading "Macao Higher Education Bureau’s Subsidy Scheme for Students Enrolled in Programs of the University of Porto opens for application on 25 May"
19 May 2020
A new reference document says economic engagement by China and the Portuguese-speaking world can help develop the Guangdong-Hong Kong-Macao Greater Bay Area, the People’s Daily reports. The Chinese Communist Party newspaper says the document is the Sino-Lusophone Economic and Trade Cooperation Blue Book, published jointly by the Chinese Academy of International Trade and Economic Cooperation, … Continue reading "Greater role for Macao in international engagement envisaged"
19 May 2020
Information from the Statistics and Census Service (DSEC) indicated that a total of 1,455 building units and parking spaces were purchased and sold in the first quarter of 2020 as per Stamp Duty record, and the total value of transactions was MOP7.89 billion, down by 43.4% and 44.2% respectively quarter-to-quarter. Purchase and sale of residential … Continue reading "Macao Private sector construction and real estate transactions for the 1st quarter of 2020"
18 May 2020
According to the statistics released today by the Monetary Authority of Macao, the proportion of international business in the local banking sector rebounded in the first quarter of 2020. At end-March 2020, the share of international assets in total banking assets increased to 85.9% from 85.2% at end-December 2019, while the share of international liabilities … Continue reading "Macao International banking statistics – March 2020"