Tag: SMEs
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Rising LPG costs squeeze eateries as operators absorb higher expenses
Macau’s rising liquefied petroleum gas (LPG) prices are placing growing pressure on small food and beverage operators, with some restaurant owners reporting monthly cost increases of ... -
SMEs offered subsidized booths at Guangdong-Macau fair
Local small and medium-sized enterprises (SMEs) can secure a standard booth at the 2026 Guangdong-Macau Branded Products Fair for MOP1,400. Applications for the “Macau Special Products ... -
Sands China Hosts ‘Food Fest of Awarded SMEs for Rua das Estalagens’
Sands China Ltd. hosted the “Food Fest of Awarded SMEs for Rua das Estalagens” from April 22 to 28 at The Londoner Macao, marking the second ... -
Merchants hope for spending boost as community consumption campaign set to kick off
Macau kicks off a new round of its community consumption campaign tomorrow, April 10, aiming to stimulate local spending and support businesses facing unstable customer traffic ... -
Financial secretary signals possible consumption stimulus in response to public calls to boost business
Calls for a new community consumption incentive have gained traction among scholars and lawmakers and attracted broad media attention, and the financial secretary hinted yesterday that ... -
Calls for new community spending incentive emerge amid slow season
Recent calls have emerged to launch another community spending incentive program aimed at boosting local consumption, with the restaurant industry reporting average sales increases of 20 ... -
Association calls for more consumption promotions
The Industry and Commerce Association of Macau is calling on the government to roll out more consumption-based promotions to continue stimulating consumption and benefiting local small ... -
Profit margins tighten at CNY stalls despite holiday foot traffic
For the Lunar New Year, 10 temporary stalls were set up on the waterfront pedestrian walkway in front of A-Ma Temple, attracting many residents and tourists. ... -
‘Galaxy Macau Chill Coffee’ festival showcased local and regional brands
The “Galaxy Macau Chill Coffee” Macau Coffee Cultural Festival officially concluded during the weekend, bringing together 60 exhibitors from Macau, the Greater Bay Area and overseas, ... -
Merchants hope Northern District festival will drive spending
Local merchants participating in the ongoing 17th edition of the Northern District Consumer Carnival are optimistic that the event will help attract foot traffic, stimulate spending, and boost ... -
Business leaders optimistic about local tourism in 2026
Tourism and catering leaders expressed optimism yesterday about Macau’s 2026 economic prospects, citing a record 188,000 New Year’s Day visitors and successful discount campaigns, while advising ... -
Retailers urge local subsidies as mainland incentives draw shoppers north
Local appliance retailers are feeling the pressure as mainland China continues its “national subsidy” program, which allows residents from Macau and Hong Kong to exchange old ... -
Gov’t reviews stall allocation at Grand Prix to support local SMEs
The Sports Bureau said there are currently no set limits on the ratio of local and non-local sales stalls at the Macau Grand Prix, and the ... -
Travel spending shifts leave neighborhoods busy but underperforming
Changes in visitor spending habits are putting pressure on the local community economy, despite record-high tourist arrivals this year, according to a local business group, which ... -
Lawmaker proposes making consumer incentive program a long-term mechanism
The recent conclusion of the city-wide consumer incentive program at the end of last month generated approximately four times the consumption multiplier effect for Macau’s retail ... -
Sands China marks 10 years of local SME support with Supplier Excellence Awards
Sands China celebrated the 10th anniversary of its Local Small, Medium, and Micro Suppliers Support Programme yesterday at The Londoner Macao, marking a decade of support ... -
Two development plans launched for ZAPE economy
With satellite casino closures set for the end of the month, the Industry and Commerce Association of Macau launched a Business District Revitalization Plan for ZAPE ... -
Macau Food Festival closes with stronger sales
The 25th Macau Food Festival concluded on Sunday after a 17-day run at Sai Van Lake Square, drawing steady crowds through its final evening. Vendors reported ... -
Gov’t grants MOP2.5 billion in SME loan interest subsidies
The small and Medium Enterprises (SME) interest subsidy scheme, launched in April, has provided up to MOP2.5 billion in support by September, according to Portuguese newspaper ... -
Centaline: Neighborhood retail spaces see uptick as rents stabilize
The neighborhood retail rental market is showing early signs of recovery, with a noticeable rise in leasing inquiries and gradual improvement in market sentiment, according to ... -
Restaurant revenues rise 3.4% in 2024, losses narrow
The city’s restaurant and similar establishments saw modest growth in 2024, according to data from the Statistics and Census Service (DSEC). Total receipts for the sector ... -
Retailers boost weekend promotions as smaller vouchers slow redemption
The citywide consumption campaign is showing signs of uneven impact on local retail activity, with smaller voucher denominations contributing to weaker redemption momentum. According to a ... -
First-store economic plan launched to boost local retail environment
A new initiative aimed at attracting non-local brands to open their first outlets in the city was announced Wednesday by local authorities. The “Program to Support ... -
E-payments through catering, retail industries see summer surge in July
Electronic payment transactions across the catering and retail sectors experienced a significant month-on-month increase in July, according to the latest data from the Statistics and Census ... -
11 tech firms earn certification under tech innovation scheme
Signaling progress in the city’s efforts toward moderate economic diversification and high-tech industry growth, the Economic and Technological Development Bureau (DSEDT) has certified 11 more technology ... -
Gov’t launches support to local heritage and specialty stores
The Economic and Technological Development Bureau (DSEDT) unveiled three new assessment schemes – “Century-old Brand,” “Macao Classic Brand,” and “Expertinctive Shops” – to support the city’s ... -
Gov’t launches launches MOP485 million discount campaign to boost spending
Macau will roll out a new MOP485 million discount campaign next month to spur domestic spending, offering expanded benefits for seniors and people with disabilities as ... -
Retail sales ease decline in Q2
Macau’s retail sector saw a modest improvement in the second quarter of this year, with sales totaling MOP15.97 billion, according to data released by the Statistics ... -
ZAPE food market attracts 25,000 visitors: MGTO
The ZAPE Taste Jam food market, launched last Friday, drew 25,000 visitors in its first two days. According to the Macao Government Tourism Office (MGTO) deputy ... -
IAM shortlists bidders for 20 new stalls at Taipa Market
The Municipal Affairs Bureau (IAM) has published the shortlist of bidders for 20 stalls available for lease at Taipa Market, spanning light food, cultural and creative ... -
Gov’t expands outdoor café licenses to boost local economy
The Municipal Affairs Bureau (IAM) has opened more applications for outdoor café licenses from eligible food and beverage establishments, restaurants, and bars as part of a ... -
Over half of loan interest subsidy quota still available
The SAR government’s SME Bank Loan Interest Subsidy Scheme, launched in mid-April, has so far received about 2,000 loan applications, with over 80% for new loans ... -
ZAPE food and cultural market to launch Mid-August
The tourism bureau recently announced plans to co-host an event in the Zona de Aterros do Porto Exterior (ZAPE) district, featuring food, cultural, and creative market ... -
ZAPE merchants call on gov’t intervention ahead of satellite casino closures
More than 70 business owners in the ZAPE district have submitted a petition calling on the government to intervene amid concerns over the upcoming closure of ... -
Tourist area SMEs rebound as residential businesses face 50% losses
A research report has noted a polarized post-pandemic recovery for small- and medium-sized enterprises (SMEs), as businesses in tourist areas thrive from returning visitors, while those ...
