Macau residents’ jobless rate remains at 2.3 pct in June-Aug

Macau’s general jobless rate and local residents’ unemployment for the June-August period continued to remain at 1.7 percent and 2.3 percent respectively, the Statistics and Census Bureau (DSEC) has announced.According to a DSEC statement on Friday, both indicators stayed the same as in the previous period (May-July), but decreased by 0.1 percentage point when compared with the same period (June-August) in pre-pandemic 2019. Meanwhile, the underemployment rate stood at 1.2 percent, down by

September 29, 2024 | BY admin

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Jan-Aug imports fall 9.5 pct to 84.7 billion patacas

    Macau's imports in the first eight months of the year decreased by 9.5 percent year on year to 84.73 billion patacas, the Statistics and Census Bureau (DSEC) has announced.   According to a DSEC statement on Thursday, food-and-beverage imports dropped by 12.6 percent to 14.22 billion patacas. Food and beverages accounted for 15.2 percent of all imports between January and August, making up Macau's main import segment.    Gold jewellery imports fell

September 28, 2024 | BY admin

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Macau, East Timor capital Dili ink twinning pact

       Macau and Dili, the capital city of East Timor, have signed a twinning agreement, the local government has announced.     According to a statement by the Macau Government Information Bureau (GCS) yesterday, a memorandum of understanding on setting up the sister-city ties was signed by Macau Special Administrative Region (MSAR) Chief Executive Ho Iat Seng and visiting Minister of State Administration of Timor-Leste Tomas do Rosario Cabral at the MSAR

September 28, 2024 | BY admin

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CE candidate Sam Hou Fai vows to enhance national security legislation, mulls setting up public funds to propel economic diversification

       Macau chief executive candidate Sam Hou Fai has vowed today to enhance Macau's national security legislation and its enforcement, as well as to consider the setting up public funds to stimulate the appropriate diversification of the special administrative region's economy, which continues to be dominated by the gaming industry.      Sam made the remarks during an about three-hour presentation and question-and-answer session about his

September 28, 2024 | BY admin

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Green development cooperation promises win-win outcomes for Portuguese and Chinese companies: Portuguese ambassador to China

Global Times Exclusive Interview Global Times Editor's Note:China and Portugal enjoy an ever-deepening comprehensive strategic partnership. As this year marks the 45th anniversary of diplomatic relations between the two countries, Portugal was among a group of countries that set up an independent booth for the first time at the 2024 China International Fair for Trade in Services (CIFTIS) in Beijing, seeking opportunities to deepen bilateral trade in services. The Global Times (GT)

September 27, 2024 | BY admin

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People's Bank of China cuts standing lending facility interest rates

    BEIJING - China's central bank has reduced today the standing lending facility (SLF) interest rates by 20 basis points from the July levels.   The overnight, seven-day and one-month rates were lowered to 2.35 percent, 2.5 percent and 2.85 percent, the People's Bank of China (PBOC) announced.   The SLF, introduced by the central bank early in 2013, serves as a channel to meet the liquidity needs of financial institutions. These institutions can take out

September 27, 2024 | BY admin

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Xi stresses consolidating unity of Chinese nation

 BEIJING - President Xi Jinping has called today for consolidating and developing the unity of the Chinese nation.   Xi, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, made the call at a grand meeting in Beijing to honor role models for ethnic unity and progress.   He urged efforts to advance the building of the community for the Chinese nation.   Premier Li Qiang presided over the

September 27, 2024 | BY admin

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Macau set to log 600,000 entries & exits over National Day Golden Week: PSP

The mainland’s National Day Golden Week will take place between Tuesday and October 7, and Macau Government Tourism Office (MGTO) Director Maria Helena de Senna Fernandes said on Wednesday she expects an daily average of 100,000 visitor arrivals during the holiday period, while Public Security Police (PSP) spokesman Lei Tak Fai said yesterday that over 600,000 entries and exits at local border checkpoints are expected over the seven-day period, with October 5 (next Saturday) to be the peak

September 27, 2024 | BY Yuki Lei

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MTel inks cooperation deal with 2 digital solutions firms

Macau-based MTel Telecommunication Company Limited inked yesterday separate cooperation agreements with Shenzhen-based H3C Technologies Co. Limited and Singapore-based Lark Technologies Pte. Ltd., and the local telecom operator said it hoped that the mutually beneficial cooperation between Macau and the mainland in the fields of telecommunication and technological innovation could be further promoted, thereby fostering the high-quality development of Macau’s economy and civil society, and

September 27, 2024 | BY Yuki Lei

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Hotel guests in Aug drop 3.8 pct to 1.26 million

Macau’s 144 hotels recorded 1.26 million guests last month, a year-on-year decline of 3.8 percent, the Statistics and Census Bureau (DSEC) announced yesterday. The hotel industry’s number of available rooms remained unchanged at 45,000 in August. A DSEC statement pointed out that last month’s number of guests reached 99.7 percent of the figure recorded in the same month of pre-pandemic 2019. Foreign guests rose by 21.0 percent to 73,000, among whom those from South Korea

September 27, 2024 | BY admin

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Drones banned around Forum Macao Complex tomorrow & Oct 13: AACM

All unmanned aircraft activities, or the flying of drones, will be banned within 500 metres of the Complex of Commerce and Trade Cooperation Platform for China and Portuguese-speaking Countries (PSCs), aka Forum Macao Complex, on Saturday and October 13, the Civil Aviation Authority (AACM) said in a statement yesterday.The announcement on the temporary ban comes to ensure that Macau SAR Government events can be held smoothly, the statement noted. Though the statement did not specify the events,

September 27, 2024 | BY Rui Pastorin

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CTA Tour finals to be held in Nov

The 2024 CTA Tour SJM Professional Finals (Macau) and National Tennis Championships is slated to be held from November 18 to 24, with the event to be held at the Macau Tennis Academy and set to feature elite tennis players from the mainland, the Sports Bureau (ID) said in a statement last night.CTA is the official acronym of the Chinese Tennis Association.SJM Resorts is again the event’s title sponsor, marking its fourth year, the statement said. This upcoming year-end tournament assumes

September 27, 2024 | BY Rui Pastorin

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IAM urges public to stop eating certain batches of Maruto brand Castella cakes

The Municipal Affairs Bureau (IAM) has been informed by the Japanese Consumer Affairs Agency recently that the packaging of two batches of Maruto brand Castella cakes may be bloated or swollen due to fermentation, according to an IAM statement yesterday.The problematic products, the “6-piece Nagasaki Castella” and “1-piece Nagasaki Castella (Flat)”, with the product barcodes of 4978498003000 and 4978498003017, as well as best-before-date of October 17, 2024, are being recalled due to

September 27, 2024 | BY Ginnie Liang

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Police nab 2 men for drunk driving

The Public Security Police (PSP) busted two drunk-driving cases early Wednesday morning, a Public Security Police (PSP) spokesperson said during a regular press conference yesterday.PSP officers identified the two suspects as a local male surnamed U, who is in his thirties and works as a casino dealer, and a local man also in his thirties surnamed Choi, who told police that he is a businessman.In the first case, PSP officers received a report on Wednesday at around 4:40 a.m. about a traffic

September 27, 2024 | BY Ginnie Liang

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