AGP Executive Report
Last update: 14 minutes agomBridge Rollout in Macau: The Monetary Authority of Macao says local banks completed 23 cross-border transactions on the first day after Macau went live on mBridge, with deals involving China, Hong Kong and the UAE worth nearly MOP13 billion, while the remaining participating banks prepare to join. Food Safety Tech Push: IAM launched the 15th Food Safety Week on “Technological Supervision of Food Safety Progress,” highlighting AI and remote monitoring tools, while also expanding its “Food Safety Risk Alert Platform” and tightening takeaway-shop oversight via the registration system (4,267 registered shops; 3,650+ inspections since 2025). Mosquito Control Update: FEHD released the latest gravidtrap indexes for Aedes albopictus in May, noting a seasonal rise tied to earlier warming and heavier April-May rainfall. Prostitution Crackdown: Macau Judiciary Police arrested 26 suspects, including active-duty and retired officers, in raids targeting prostitution rings disguised as “saunas,” with alleged earnings estimated at 240–320 million patacas last year. Biotech Deal Spotlight: A roundup of major 2026 oncology deals points to big pharma partnering for pipeline expansion, including Everest Medicines’ Asia-Pacific commercialization licensing for Bejescin(R) with Mabworks covering Macau and Hong Kong. Entertainment Export: Damai Entertainment set an international theatrical rollout for “Dear You,” with Macau among the first territories starting June 18.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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