The 25th MIF, 2020MFE and 2020PLPEX ended on Saturday, and the three-day exhibitions resulted in the signing of over 100 contracts.
Business
The Macao government insisted today that the special administrative region is not being affected by deflation.
Macao’s number of visitor arrivals surged by 97.7% month-to-month to 449,085 in September.
Macao’s overall residential property price index for June-August dipped by 0.3% over the previous survey period (May-July) to 268.0.
The Commission Against Corruption (CCAC) said in a statement on Thursday that it has detected three cases involving the use of false documents to apply for residency through the government’s qualified investment scheme.
The 25th Macao International Trade and Investment Fair (MIF), Macao Franchise Expo 2020 (MFE) and 2020 Portuguese Speaking Countries Products and Services Exhibition (Macao) (PLPEX), which are running concurrently, started on Thursday, and 52 contracts were signed on the first day.
Macao’s composite consumer price index (CPI) in September dropped by 0.40% year-on-year, the first decrease since December 2009.
The 25th MIF, MFE 2020 and 2020 PLPEX will have their first concurrent event tomorrow at the Venetian Expo Hall A-C.
Secretary for Transport and Public Works Raimundo do Rosário said on Wednesday that a three-year period will be a suitable length of time for the local government’s extension of Air Macau’s monopoly, which was originally slated to expire early next month, adding that Macao’s civil aviation sector is going through a “very difficult” time due to the COVID-19 pandemic.