UM News https://www.um.edu.mo/ $title pt_pt hourly 1<![CDATA[]]> https://webcontent.co.umac.mo/umac_wp/pt-pt/news-centre/news-and-events/news-and-press-releases/detail/99991912https://webcontent.co.umac.mo/umac_wp/pt-pt/news-centre/news-and-events/news-and-press-releases/detail/99991912<![CDATA[]]> https://webcontent.co.umac.mo/umac_wp/pt-pt/news-centre/news-and-events/news-and-press-releases/detail/99991911https://webcontent.co.umac.mo/umac_wp/pt-pt/news-centre/news-and-events/news-and-press-releases/detail/99991911<![CDATA[]]> https://webcontent.co.umac.mo/umac_wp/pt-pt/news-centre/news-and-events/news-and-press-releases/detail/99991910https://webcontent.co.umac.mo/umac_wp/pt-pt/news-centre/news-and-events/news-and-press-releases/detail/99991910<![CDATA[UM to hold international seminar on multilingualism on 25 September]]> https://webcontent.co.umac.mo/umac_wp/pt-pt/news-centre/news-and-events/news-and-press-releases/detail/48882https://webcontent.co.umac.mo/umac_wp/pt-pt/news-centre/news-and-events/news-and-press-releases/detail/48882An international seminar titled ‘Multilingualism in Greater China, Asia and Beyond: Policies, Mobility and Transculturality’, co-organised by the Chinese-Portuguese Bilingual Teaching and Training Centre (CPC) under the University of Macau (UM) Department of Portuguese, and the United Nations Educational Scientific and Cultural Organisation (UNESCO) Chair of Language Policies for Multilingualism at UM, will open on Wednesday 25 September. During the event, experts and scholars from different parts of the world with share the latest research results in multilingualism education. All are welcome.

The three-day seminar will be held from 25 September to 27 September. Macao’s multilingual and multicultural environment gives the city a unique advantage to carry out projects related to multilingualism. This upcoming seminar will focus on research projects related to UNESCO’s goals. It aims to create, among other things, a network of partner universities in different countries, to identify common research objectives and methodologies, and to promote the dissemination of research findings on topics such as language education, language acquisition, migration and mobility, multilingualism, and multiculturalism.

Five keynote speakers will speak at the seminar. They are Dr Gilvan Mulher de Oliveira from the Federal University of Santa Catarina in Brazil, Dr Evgeny Kuzmin from NGO Interregional Library Cooperation Centre in Russia, Dr Christopher John Stroud from the University of the Western Cape in South Africa, Dr Yan Qiaorong from the Communication University of China, and Dr Edleise Mendes from the Federal University of Bahia in Brazil.

In 2018, UM joined the UNESCO Chair ‘Language Policies for Multilingualism’ initiative. Since then, it has been developing different projects involving its own academic staff and students and those from other institutions in Asia, with the hope of creating an international and inter-institutional network of researchers. This seminar is part of that effort. It consists of conferences, panel discussions, mini-courses, and presentation of research papers. 

The event will be held in Room G010, in the Faculty of Business and Administration (E22). All the sessions will be conducted in English. For more information, please visit https://go.um.edu.mo/vv8nhl7r. For enquiries, please call 8822 4532 or email to BilingualCentre@um.edu.mo or robts@um.edu.mo.


Source: Faculty of Arts and Humanities

Media Contact Information:                
Communications Office, University of Macau

Albee Lei  Tel:(853) 88228004
Kelvin U  Tel:(853) 88224322
Email:prs.media@um.edu.mo
UM Website:www.um.edu.mo

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<![CDATA[UM releases 2019-2020 macroeconomic forecast for Macao]]> https://webcontent.co.umac.mo/umac_wp/pt-pt/news-centre/news-and-events/news-and-press-releases/detail/48880https://webcontent.co.umac.mo/umac_wp/pt-pt/news-centre/news-and-events/news-and-press-releases/detail/48880The Department of Economics under the University of Macau (UM) Faculty of Social Sciences and UM’s Centre for Macau Studies released the Macroeconomic Forecast for Macao 2019-2020 today (18 September). Macao’s economy was strong in the first half of 2018. The growth subdued rapidly in the second half amid the slowdown in mainland China. It continued to deteriorate in the first half of 2019. The year-on-year growth rates were -3.2% in the first quarter and -1.8% in the second quarter of 2019. (Figure 1 and 2).

The negative effects of trade friction with the United States, structural adjustments, and the depreciation of RMB on China’s economy have deepened in the past few months. The consequences on Macao’s economy have gone beyond our expectations. As a result, we have revised our forecasts downward on GDP growth from the last release.

Macao’s Recent Macroeconomic Development
Recent economic situations of different sectors of Macao’s economy are summarised below:
  • With the slowdown in China’s economic growth, Chinese visitors’ spending in Macao, in particular on gaming activities, has weakened. The exports of services accounted for 82.6 billion MOP, a meager year-on-year increase of 0.8% in the second quarter of 2019. Meanwhile, the exports of services in gaming, the largest portion of the exports of services, accounted for 56.1 billion MOP, a year-on-year decrease of 0.8%.
  • In the second quarter of 2019, the nominal gross gaming revenue was 73.4 billion MOP, down 0.5% year-on-year and down 3.7% quarter-on-quarter. Revenue from the VIP baccarat accounted for MOP 34.6 billion, decreasing by 15.6% year-on-year and decreasing by 7.0% quarter-on-quarter.
  • In July 2019, the total number of visitor arrivals was 3.53 million, up 16.3% year-on-year. The number of visitors from mainland China reached 2.57 million, up 18.5% year-on-year. The number of visitors from Hong Kong reached 0.63 million, up 16.4% year-on-year.
  • Exports of goods declined drastically in the second quarter of 2019, down 24.4% year-on-year to MOP 2.8 billion.
  • For the second quarter of 2019, the imports of goods declined by 0.8% year-on-year to MOP 24.3 billion. Amid the declining demand for gaming services, imports of services decreased by 13.7% year-on-year to MOP 8.6 billion.
  • Within the imports of goods, consumer goods increased by 8.4% year-on-year in the second quarter of 2019 amid a steady growth in consumer spending. Meanwhile, raw materials and semi-manufactures dropped by 8.3% year-on-year. Capital goods decreased by 26.2% year-on-year amid the decline in investment.
  • With stable earnings, Macao residents’ spending grew modestly. Private consumption expenditure accounted for MOP 26.4 billion, up 2.2% year-on-year in the second quarter of 2019. The household final consumption expenditure in domestic market and the expenditure abroad increased by 2.2% and 4.0% year-on-year respectively.
  • Private gross fixed capital formation continued to decline amid the finishing of major hotels and casinos construction. It decreased by 19.3% year-on-year in the second quarter of 2019 to MOP 11.2 billion. Meanwhile, government gross fixed capital formation declined substantially by 49.7% year-on-year. As a result, total gross fixed capital formation decreased by 25.0% to MOP 12.8 billion. Private construction investment declined by 25.1% and private equipment investment grew by 9.1% year-on-year respectively.
  • Real estate transaction recovered in the second quarter of 2019. The total number of resident units purchased and sold was 2,725, accounting for 16.9 billion MOP, up 97.6% and 103.2% quarter-to-quarter, respectively. 275 residential units were sold for over MOP 10 million. 1,764 units were sold between MOP 4 million and MOP 10 million. 510 units were sold between MOP 2 million and MOP 4 million. 176 units were sold for MOP 2 million or less. As regards to the floor area of residential units, 1,091 units (40% of the total) had an area between 50 and 99.9 square meters. The average transaction price of the residential units went up by 7.5% quarter-to-quarter to MOP 110,263 per square meter. The average transaction price of the residential units with an area between 50 to 99.9 square meters registered an increase of 3.6% quarter-to-quarter to MOP 101,810 per square meter respectively.
  • Inflation was steady amid slower demand from residents. The Composite Consumer Price Index on July 2019 rose by 2.6% year-on-year. For the two largest components of the Composite Consumer Price Index, namely food and non-alcoholic beverages, as well as  housing and fuel, their year-on-year growth rates were 3.6% and 1.9%, respectively (Figure 16). For the aggregate economy, in tandem with the consumer price, the GDP deflator increased by 2.4% year-on-year in the second quarter of 2019.
  • Labour market continued to be tight. Unemployment rate for the second quarter of 2019 was 1.7%, same as the first quarter of 2019. Excluding the non-resident workers, the unemployment rate for residents was 2.3%, same as the first quarter of 2019.
  • The total employment and employment for residents were 387.2 thousand and 282.3 thousand in the second quarter of 2019, up 0.5% and down 0.7% year-on-year, respectively. Analysed by industry, employment in wholesales & retails was 39.8 thousand, down 11.8% year-on-year. Employment in hotels & restaurants was 55.8 thousand, down 0.9% year-on-year. Employment in construction was 29.5 thousand, down 8.1% year-on-year. Employment in the gaming industry was 87.1 thousand, up 2.4% year-on-year.
  • Median monthly employment earnings went up with 1.9% year-on-year to 16,300 MOP in the second quarter of 2019. For the gaming sector, which accounted for the largest share of the employed population, median monthly employment earnings were 20,000 MOP, same as the second quarter of 2018. The median monthly employment earnings for the other major industries such as wholesales & retails were about 14,000 MOP, same as the second quarter of 2018 while the median monthly employment earnings for hotels & restaurants were MOP 12,000, up 7.1% year-on-year.
Macroeconomic Forecast for 2019-2020
In July 2019, the International Monetary Fund (IMF) projected global economy to grow at 3.2% and 3.5% in 2019 and 2020 respectively. Global growth remains subdued. The trade conflict between the United States and China escalated amid government negotiation. Investment and demand for consumer durables have been subdued across advanced and emerging market economies as firms and households continue to hold back on long-range spending. US GDP is expected to expand at 2.3% and 1.9% in 2019 and 2020, respectively. The Euro Area is likely to grow at 1.6% and 1.5% in 2019 and 2020 respectively. For mainland China, the official economic growth came in at 6.7% in the second quarter, down 6.8% in the first quarter of 2019. This caused Hong Kong, another major market of Macao’s service exports, to grow barely with 0.5% in the second quarter of 2019. Economic uncertainty continues to affect Macao’s economic growth in 2019 and 2020.

Macao's exports of services are expected to grow slower with 1.5% and 0.0% in 2019 and 2020 respectively. Exports of goods are expected to decline by 15.5% and 3.0% in 2019 and 2020 respectively. Concomitant with the weak growth in consumption and investment, imports of goods are expected to rise slower by 0.3% and 1.8% in 2019 and 2020 respectively. Amid the deterioration in exports of services, the imports of services are expected to decline. The growth rates of imports of services are forecast to decrease by 11.6% and 3.2% in 2019 and 2020 respectively.

For the domestic demand, private consumption spending is expected to grow slower, at rates of 2.6% and 2.5% in 2019 and 2020 respectively. Total investment is expected to decline at 22.7% and 14.8% in 2019 and 2020 respectively.

Inflation, as measured by the change in the Composite Consumer Price Index, is expected to be steady. Inflation rate is expected to be 2.7% and 2.4% in 2019 and 2020 respectively. For the aggregate economy, the GDP price deflator is forecast to increase 2.9% and 2.6% in 2019 and 2020 respectively.

The labour market continues to be tight amid limited labour supply. Unemployment rate is forecast to be 1.8% and 1.9% in 2019 and 2020 respectively. In exclusion of non-resident workers, the unemployment rate of residents is expected to be 2.4% and 2.5% in 2019 and 2020 respectively. Median monthly employment earnings are forecast to be MOP 16,575 and MOP 16,655 in 2019 and 2020 respectively.

Overall, Macao’s GDP is forecast to decline by 0.8% in 2019. The slowdown is expected to continue in 2020. Macao’s GDP is forecast to decline by 0.9%. If favourable outcomes are coming from the China-US trade negotiation and Chinese economic growth stabilises, Macao’s economic growth is expected to be more optimistic.
 However, if the Sino-US trade negotiation breaks down and Chinese economic growth continues to deteriorate, Macao’s economic growth becomes more pessimistic. For domestic demand, if investment continues to shrink, the modest growth of private and government consumption expenditures may not be enough on Macao’s GDP. Overall, Macao’s GDP is forecast with ranged from a pessimistic rate of -4.1% to an optimistic of rate of 2.5% in 2019 and with ranged from a pessimistic of rate -10.6% to an optimistic of rate 8.8% in 2020. We will update the forecast regularly with the most recent data.

About the Macroeconometric Structural Model of Macao
The Macroeconometric Structural Model of Macao is a quarterly simultaneous-equations econometric model which currently covers seven blocks of the Macao economy --- consumption, investment, external sector, prices, government, labour market, and monetary sector. Time series data used starts from 1998 first quarter and is updated once new data are available. Its results provide the community a timely understanding on the state of the Macao economy and facilitate the decision-makers to make prudent choices for the future.

Source: Centre for Macau Studies

Media Contact Information:                
Communications Office, University of Macau

Albee Lei  Tel:(853) 88228004
Kelvin U  Tel:(853) 88224322
Email:prs.media@um.edu.mo
UM Website:www.um.edu.mo

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<![CDATA[Opening Ceremony for the Forum on Chinese History and Culture and Celebration of Confucius’ Birthday]]> https://webcontent.co.umac.mo/umac_wp/pt-pt/news-centre/news-and-events/news-and-press-releases/detail/48869https://webcontent.co.umac.mo/umac_wp/pt-pt/news-centre/news-and-events/news-and-press-releases/detail/48869Convite à Imprensa
Nome : Opening Ceremony for the Forum on Chinese History and Culture and Celebration of Confucius’ Birthday
Organizer : University of Macau
Data : 19 September 2019 (Thursday)
Horário : 10:00am
Venue : UM Cultural Building Lobby (E34)
Conteúdo : The event will start with a ceremony to celebrate Confucius’ birthday, where members of the Confucius Institute’s Cultural Ambassador programme will exhibit the results of their etiquette training and their understanding of UM’s motto: humanity, integrity, propriety, wisdom, and sincerity. During the Forum on Confucian Culture, experts and scholars will have in-depth discussions on the development of Confucianism, Chinese history and culture, as well as their evolution in contemporary China.
Language : Mandarin

Pessoa a Contactar para Detalhes

Nome : Communications Office
Tel. Nº : 88228022
Fax : 88222359
Email : prs.media@um.edu.mo
Remark : For car parking reservation, please contact us one day in advance.
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<![CDATA[Press Conference on “2019-2020 macroeconomic forecast for Macao”]]> https://webcontent.co.umac.mo/umac_wp/pt-pt/news-centre/news-and-events/news-and-press-releases/detail/48868https://webcontent.co.umac.mo/umac_wp/pt-pt/news-centre/news-and-events/news-and-press-releases/detail/48868Convite à Imprensa
Nome : Press Conference on “2019-2020 macroeconomic forecast for Macao”
Organizer : Centre for Macau Studies
Data : 18 September 2019 (Wednesday)
Horário : 11:30am
Venue : UM Gallery Auditorium (E1)
Conteúdo : The research team of Macroeconometric Model for Macao of University of Macau, based on recent economic data, has analyzed the Macao’s current economic situation and has applied the Macroeconometric Structural Model of Macao to produce the 2019-2020 macroeconomic forecast for Macao. Due to the impact of trade friction with the U.S., structural adjustments and depreciation of RMB on China’s economy have deepened in last few months. The consequence on Macao’s economy has gone beyond our expectation.
Language : Cantonese

Pessoa a Contactar para Detalhes

Nome : Communications Office
Tel. Nº : 88228022
Fax : 88222359
Email : prs.media@um.edu.mo
Remark : For car parking reservation, please contact us one day in advance.
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<![CDATA[UM Teaching Excellence Award recipient to give talk next Monday]]> https://webcontent.co.umac.mo/umac_wp/pt-pt/news-centre/news-and-events/news-and-press-releases/detail/48866https://webcontent.co.umac.mo/umac_wp/pt-pt/news-centre/news-and-events/news-and-press-releases/detail/48866The University of Macau (UM) will hold the UM Teaching Excellence Award Seminar on 23 September (next Monday). Associate Professor Wang Ruibing from the Institute of Chinese Medical Sciences, who is the recipient of the UM Teaching Excellence Award for the 2018/2019 academic year, will give a talk titled ‘Connecting Classrooms to the Reality’. All are welcome.

In a digital era, students can find all sorts of information on the internet with ease. Although this has made teachers somewhat less authoritative in the classroom, it has also opened up a plethora of possibilities for educators to make their lectures more innovative and bring the real world into the classroom. During the talk, Prof Wang will share his insights on connecting knowledge to real-world scenarios, as well as his experience in striving for excellence in teaching. 

The talk will start at 4:30pm in the auditorium of the UM Wu Yee Sun Library (E2). It will be conducted in English, with simultaneous interpretation into Mandarin. Those who are interested should register at https://isw.um.edu.mo/evm/register/award_wang. For enquiries, please call 8822 4504.


Source: Rector's Office

Media Contact Information:                
Communications Office, University of Macau

Albee Lei  Tel:(853) 88228004
Kelvin U  Tel:(853) 88224322
Email:prs.media@um.edu.mo

UM Website:www.um.edu.mo 


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<![CDATA[UM, Bank of China to jointly launch courses in Macao’s featured financial services]]> https://webcontent.co.umac.mo/umac_wp/pt-pt/news-centre/news-and-events/news-and-press-releases/detail/48854https://webcontent.co.umac.mo/umac_wp/pt-pt/news-centre/news-and-events/news-and-press-releases/detail/48854The Faculty of Business Administration (FBA) of the University of Macau (UM) has reached an agreement with the Bank of China, Macau Branch, to jointly launch new courses related to the featured financial services in Macao. The collaboration aims to nurture more finance professionals for Macao and promote economic diversification in the city. Prof Jean Chen, dean of the FBA, says that students will benefit from the experience of industry practitioners, adding that the partnership is a classic example of collaboration between industry, universities, and research institutes, and will help to broaden students’ horizons.

The FBA will offer two new courses related to the featured financial services in Macao, namely ‘Wealth Management’ and ‘Financial Services Industry in Macao’, as part of the curriculum of its Master of Science in Finance Programme. The courses will be taught by senior executives from the Bank of China, Macau Branch, as well as FBA faculty members and will cover various topics, including wealth management, financial leasing, trading of RMB-denominated bonds, using RMB to settle trade among China and Portuguese-speaking countries, and the impact of technological advances on financial industry.

In addition, starting the first semester of the 2019/2020 academic year, senior executives of the Bank of China, Macau Branch, will deliver guest lectures on financial services in Macao to both undergraduate and postgraduate students at UM. ‘Business engagement is critical to the continued success of the faculty. The collaboration between UM and the Bank of China, Macau Branch, sets an excellent example of business engagement to improve curriculum development and student experience,’ says Prof Chen. ‘It also helps broaden the research areas and facilitate the delivery of newly established research focus of the FBA.’


Source: Faculty of Business Administration

Media Contact Information:                
Communications Office, University of Macau

Albee Lei  Tel:(853) 88228004
Kelvin U  Tel:(853) 88224322
Email:prs.media@um.edu.mo

UM Website:www.um.edu.mo 

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<![CDATA[UM's FED celebrates 30th anniversary]]> https://webcontent.co.umac.mo/umac_wp/pt-pt/news-centre/news-and-events/news-and-press-releases/detail/48846https://webcontent.co.umac.mo/umac_wp/pt-pt/news-centre/news-and-events/news-and-press-releases/detail/48846This year marks the 30th anniversary of the University of Macau’s (UM) Faculty of Education (FED). Over the past 30 years, the faculty has produced many outstanding graduates for society and has earned international recognition for the quality programmes it offers. In the Times Higher Education World University Rankings by Subject, UM is ranked in the 201-250 bracket in Education. Wang Chuang, dean of the FED, says that UM will continue to nurture outstanding professionals as usual to promote education development in Macao.

The FED has organised a series of activities to celebrate the anniversary. The celebration opened with a forum on education. Participants had in-depth discussions on topics related to education and institutional leadership. Professors from Beijing Normal University, the University of Hong Kong, the Chinese University of Hong Kong, and Taiwan Normal University gave keynote speeches. 

The FED also held a dinner to celebrate the anniversary. UM alumni, as well as  principals and teachers from local secondary and primary schools, attended the event to witness the important milestone in the FED’s history. During the event, UM students and students from Shaanxi Normal University gave performances. A cheque presentation and agreement signing ceremony for the FED Tin Ka Ping Scholarship was also held. A photo exhibition about the FED’s development over the past three decades is being held on the ground floor of the FED building (E33). It will last until 30 April 2020. All are welcome. 


Source: Faculty of Education

Media Contact Information:

Communications Office, University of Macau

Albee Lei  Tel:(853) 88228004

Kelvin U  Tel:(853) 88224322

Email:prs.media@um.edu.mo

UM Website:www.um.edu.mo

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