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HeadlinesMacau
Home›Headlines›Gov’t considers more support for SMEs
Subsidies

Gov’t considers more support for SMEs

By -
Monday, February 17, 2025
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The government is exploring additional campaigns aimed at boosting community neighborhoods, according to the Economic and Technological Development Bureau (DSEDT).

In a reply to lawmaker Ella Lei, the bureau confirmed it is considering implementing similar initiatives to the citywide consumption program to further stimulate economic activity in these areas.

The response highlighted that these new efforts aim to attract more visitors to community neighborhoods, which have experienced slower-than-expected economic recovery.

During the 13-week Consumption Grand Prize campaign, economic benefits were observed in over 22,000 stores, resulting in MOP227 million in direct economic benefits and a total consumption of approximately MOP1.1 billion.

In addition to the program, the government pointed to expanded cultural events, such as Lunar New Year celebrations, in community neighborhoods as a way to draw tourists.

Other cultural and sports activities were also emphasized as part of the strategy to promote local tourism. Furthermore, the government noted that three annual financial support programs for tourism had helped approve 43 activities for 2025. Staff Reporter

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