Man-yi and NE monsoon to affect Macau

The tropical cyclone Man-yi will move northwestward in the next few days, and is expected to enter within 800 km of Macau early today, according to the latest

Decline in building unit transactions

During the third quarter, 1,289 building units and parking spaces were transacted, with a total transaction value of MOP6.53 billion. This represents a decline of 18.1% in transactions

Residential rents rise while commercial rates decline

The average rent per square meter for residential units in the SAR reached MOP137 in the third quarter of 2024, marking a 1.6% increase from the previous quarter

Foreign exchange reserves decline to MOP229b

The Monetary Authority of Macao announced that the preliminary estimate of Macau SAR’s foreign exchange reserves was MOP228.7 billion (USD28.56 billion) at the end of October 2024. This

Film on mental health wins award at Asia Int’l Film Festival

A short film produced by the University of Macau (UM) has won the Best Director Award in the University Student Film category at the 2024 Asia International Film

USJ scholarships exceed MOP9.3 million

The University of Saint Joseph (USJ) yesterday held its community scholarship and bursary award ceremony, where 19 organizations and individuals contributed 175 scholarships and bursaries. For the 2024/2025

Hong Kong: Seven new nursing homes open to retirees from HK

Seven new government-subsidized nursing homes in Guangdong now serve Hong Kong retirees. The homes, located in Guangzhou, Foshan, and Zhongshan, are operated by mainland institutions or joint ventures

Guangzhou: Construction of flying car manufacturing base starts

Guangzhou has begun building the world’s first flying car manufacturing base, marking progress in the low-altitude economy. The XPENG AEROHT project will produce up to 10,000 flying cars

Shenzhen: Marine economy expo attracts industry leaders

The 2024 China Marine Economy Expo in Shenzhen drew over 400 marine sector representatives. The event spotlighted innovations such as unmanned vessels and semisubmersible platforms. With over 150

Zhuhai: New drone delivery route to Shenzhen in service

SF Express launched a new drone delivery route between Zhuhai and Shenzhen to meet high-demand needs during the Double 11 shopping festival. The route mainly transports time-sensitive goods

Foshan: Tourist numbers go up as new initiatives bear fruit

Foshan’s tourism sector saw a strong performance in 2024, with 45.57 million visitors and a 17.49% increase in revenue to 46.66 billion yuan. The city is attracting tourists

Huizhou: Economy shows good performance Jan-Sept

Huizhou’s GDP grew 4.7% year-on-year in the first three quarters of 2024, reaching 420 billion yuan. Industrial output rose by 8.8%, while retail sales increased by 2.5%. Foreign

Dongguan: IP-based loans opened to apply for toy companies

Dongguan introduced a new loan program for toy companies, allowing intellectual properties to be used as collateral. The Bank of Dongguan offers loans up to 30 million yuan.

Zhongshan: Shenzhen-Zhongshan link extended to Nansha

The Shenzhen-Zhongshan Link now connects to Nansha, cutting travel time to Shenzhen Baoan International Airport to 20 minutes. The 24-kilometer expressway, which opened in June, facilitates cross-river travel

Jiangmen: City seals trade pact with Indonesian conglomerate

Jiangmen’s commerce bureau signed a trade agreement with Indonesia’s Kawan Lama Group at the 136th Canton Fair to boost exports. This deal follows previous successful collaborations, with the

Experts propose comprehensive Inner Harbour flood measures

Lawmakers and local leaders proposed solutions, including incorporating flood control measures into the light rail’s western line, using offshore reclamation projects, and drawing inspiration from the Inner Harbour

Taxi fleet expands, adds seven new companies

The Transport Bureau has announced a significant expansion of the city’s taxi industry, with the addition of seven new taxi companies now in operation. This move comes as

Police warn of online ordering scams

Police have reported a surge in fraud cases involving “online ordering” this month, with at least 19 victims losing between MOP400 and MOP1,200 each. Fraudsters have been setting

Tourist arrested for drug smuggling

A 38-year-old Malaysian tourist has been arrested in Macau on suspicion of smuggling methamphetamine, police reported yesterday. The arrest occurred after the Judiciary Police analyzed a flight from

Customs raid seizes goods worth MOP300,00

Customs officials raided a ground floor parallel import shop near Toi San, seizing electronic products, pet supplies, snacks, clothing, and undeclared canned food valued at approximately MOP300,000. A

MACAU DAILY TIMES