Corporate Bits | Sands China’s purchases on SMES amounts to MOP5.5 Billion

Since it launched in 2015, Sands China’s Local Small, Medium and Micro Suppliers Support Programme’s expenditure on local, small- and medium-sized enterprise (SMEs) suppliers amounts to MOP5.5 billion, the gaming operator announced in a statement yesterday.

Sands China has already spent nearly MOP1.7 billion on purchases from local small- and medium-sized enterprises as of the third quarter of 2017, accounting for 21 percent of the company’s total purchase amount.

Nearly 50 percent of that amount (MOP829 million) has benefited the three types of local enterprises targeted by the Local Supplier Support Programme – the small and micro companies, “Made-in-Macao” companies, and Macao young entrepreneurs.

In 2016, Sands China cooperated with 294 entities from the three local business types, increasing the number to 340 in 2017.

“The company is particularly pleased to see local enterprises expanding their business opportunities as a result of the programme, and we wish for continued success for our local SME suppliers,” said Wilfred Wong, president of Sands China Ltd.

MDME lawyers co-organize competition for law students

The first “Brighter Future Student Awards” is jointly organized and supported by Macau law firm MdME Lawyers and their international network for the Portuguese Speaking Countries MLGTS Legal Circle, the University of Macau (UM) and the Faculty of Law Students’ Association of UM’s Students’ Union.

The award program is open to any university student in Macau who majored in law or other domains relevant to law, the firm said in a statement.

The competition is comprised of two categories, “Macau Law” and “Portuguese Speaking Countries Law”, and a “Brighter Future Student Award” will be given for each category. 

The winners in each of the categories will win a chance to visit and intern in leading Portuguese law firms for a month as well as attend a Portuguese language course. 

During the awards launching ceremony this week, partner of MdME Lawyers, Gonçalo Mendes da Maia stated: “The purpose of creating these awards is to promote legal studies that would improve students’ knowledge in subjects of Macau and Portuguese Speaking Countries’ law, and also to foster greater participation of students in community affairs.”