Composite interest rates for pataca, HKD rise in Q3

The composite interest rates for the pataca (MOP) and the Hong Kong dollar (HKD) rose from 0.56% and 1.05% at the end of June to 0.88% and

Visitor expenditure drops 40% in Q3

Total visitor spending (excluding gaming expenses) dropped 39.7% year-on-year to MOP2.90 billion in the third quarter, dragged down by a 50% decline in visitor arrivals amid the pandemic.

Broadway, Rocks Hotel designated for red code holders

Broadway Hotel and Rocks Hotel have been designated as quarantine venues for red health code holders, authorities announced yesterday. The addition of these quarantine venues comes amid

DSAT app’s new interface shows real-time traffic conditions

The new interface of the Transport Bureau’s (DSAT) traffic app will display real-time traffic information, but users will need to activate location detection on their devices. DSAT has

Hengqin announces tax incentives for augmented-reality enterprises

Development of the metaverse industry will be further advanced with tax incentives, the Guangdong-Macao In-Depth Cooperation Zone in Hengqin bureaus of Finance, Taxation, and Economic Development announced

MUST witnesses launch of self-designed satellite

The Macau University of Science and Technology (MUST) organized a live screening session on the launch of the Tianzhou 5 cargo spaceship, which, in this mission, carried the

Tap Seac Craft Market to feature over 100 stalls

The Tap Seac Craft Market will run from November 17 to 20 and from November 24 to 27, featuring Hong Kong singer Rocky Chan as a performing

Cleaning services’ revenues increase to MOP1.32b

In view of an increase in demand for cleaning services among industries, income for cleaning services went up by 6.8% year-on-year to MOP1.32 billion in 2021. Expenditure rose

17th Conference of China-Lusophone Forum Macao

The China-Lusophone Economic and Trade Forum (Macao) has recently held its 17th conference in Beijing, China, with the participation of its secretary-general, Ji Xianzheng, the ambassadors of numerous

Local construction workers’ daily pay at MOP992

The average daily wage of construction workers increased by 1.3% quarter-to-quarter to MOP805 in the third quarter of 2022, according to the latest data released by the Statistics

CE to deliver Policy Address Nov. 15

The Chief Executive,Ho Iat Seng, will deliverthe Policy Address for the Fiscal Year 2023, on November 15 at the Legislative Assembly(AL). The session will be held at 3 p.m

Hotel sector employees drop by over 2,800

The total number of persons engaged in the hotel sector decreased by 2,846 to 40,141 in 2021, according to data released by the Statistics and Census Service (DSEC).

Macau-Hengqin Craft Market calls for booth operators

The SAR government is calling for booth operators for the upcoming Macau-Hengqin Craft Market that will be held at Ocean Square outside Zhuhai Chimelong Ocean Kingdom from December

Taobao adopts mPay payment method

Local payment service provider MPay has announced that an agreement had been made with Chinese internet multinational company Alibaba’s shopping site Taobao to allow Macau shoppers to

FSS: Contributions unpaid from 12,000 employers 

The Social Security Fund is calling on employers to pay contributions for their employees for the third quarter of this year. According to the bureau, as of October

Zhang Rongshun leaves Liaison Office in Macau

The State Council has approved the cessation of appointment of Zhang Rongshun as deputy director of the Central People’s Government’s Liaison Office in Macau, the office announced on

Gov’t accepts GMM’s bid for gaming license 

The gaming tender commission has accepted GMM’s bid for a 10-year-casino license. As cited in a TDM report, all seven contenders were notified of the decision on November

Industrial sector records rise in revenues

Receipts and Expenditure of establishments engaged in industrial related activities amounted to MOP10.39 billion and MOP7.54 billion respectively in 2021, up by 11.8% and 7.8% year-on-year. Data

MGTO calls for troupes for Lunar New Year parade 

The government is calling registered artistic troupes, schools, community organizations and institutions in Macau to join the Parade for Celebration of the Chinese New Year 2023. Applications are

IAM running bids for food trucks on ZAPE Promenade

The Municipal Affairs Bureau (IAM) has called for tenders for food truck operations near the Macao Science Center on the ZAPE coastal promenade. The bid winners will

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