AGP Executive Report
Last update: 6 hours agoNational Day in Macao: Chief Executive Sam Hou Fai hosted a grand reception for the PRC’s 77th anniversary, saying Macao’s progress depends on the motherland’s “care, support and warm uplifting embrace,” with about 1,200 guests including senior central-government and Macao officials. Flag-raising & patriotic education: Macao also held a National Day flag-raising ceremony, and the CE met teachers and students from Beijing’s “Salute to the National Flag” initiative, urging them to spread Central Government care and deepen patriotic education locally. Public services during hot weather: The Home Affairs Department opened 19 community heat shelters for people to seek refuge during the Very Hot Weather Warning, with extended overnight arrangements and enhanced cooling and support services. Macao economy watch: September casino gross gaming revenue fell 1.2% year-on-year to 18.06 billion patacas, down 17.49% month-on-month, marking the lowest level in three years. Governance & finance: The government amended interest-free loan schemes so Hengqin-based local SMEs and young entrepreneurs can qualify, and plans to streamline the AMCM’s structure by reducing board members from five to three. Regional context: China suspended oil product exports beyond Hong Kong and Macau for October, pushing Brent above $100 and adding pressure to fuel markets that already face global supply disruptions.
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