Tag: SMEs
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Yuan appreciation has limited impact on local restaurant prices: insider
The yuan’s recent appreciation is adding another cost consideration for Macau’s food and beverage industry, although the immediate impact on menu prices is expected to remain ... -
Community commerce must be core infrastructure, business leader warns
A local business leader has cautioned that community commerce must be treated as core infrastructure, warning that neighborhoods cannot be built on housing and roads alone. ... -
ZAPE merchants call for sustained events, food night market
ZAPE merchants are calling for more sustained and creative government-led initiatives to attract visitors and support local businesses, with some suggesting the development of a dedicated ... -
Catering sector urges gov’t to build on past stimulus success
The catering industry has called on the government to introduce targeted consumption-boosting measures in next year’s policy address, urging authorities to leverage the region’s “City of ... -
SMEs still struggling despite record tourist spending
Macau’s small- and medium-sized enterprises (SMEs) are still struggling despite record tourist spending, lawmakers said, calling for more precise government support to reach community retailers. ... -
Big firms drive new incorporations as small businesses lead dissolutions
Big companies accounted for the bulk of newly registered corporate capital in Macau in the first half (1H) of 2026, while smaller businesses made up the ... -
Gov’t cautious on plans to allow businesses to expand services
Government officials have urged caution over relaxing rules on mixed-use business operations as Macau holds its second public consultation on the proposed regulatory framework for specific ... -
SMEs receive MOP32.6 million in gov’t support in 1H
The Economic and Technological Development Bureau (DSEDT) approved 101 applications under its Small and Medium-sized Enterprise (SME) Aid Scheme in the first half (1H) of the ... -
Lawmaker urges stronger measures to address business closures, spending outflow
Lawmaker José Maria Pereira Coutinho has urged the government to adopt more decisive and coordinated measures to address the city’s economic strains, citing widespread shop closures, ... -
Melco SME Academy provides sustainability training for local businesses
Melco SME Academy has hosted a training program aimed at helping local small and medium-sized enterprises (SMEs) strengthen their capabilities in sustainability and business development. Held ... -
Beauty operators say longer hours unlikely to boost business
Local beauty salon operators have voiced concerns that proposed regulatory changes allowing extended operating hours would do little to stimulate business growth, citing weak nighttime demand ... -
Vendors cry foul over beachside table ban, say tourist spending taking a hit
A ban on tables and chairs outside food stalls at Hac Sa Beach is driving tourists away and eating into vendors’ earnings, according to the Market ... -
Community consumption scheme boosted spending but lacks long-term incentives, lawmaker says
The “2026 Community Consumer Reward Programme” generated more than MOP1.33 billion in linked spending from MOP345 million in electronic vouchers, an 11% increase from last year. ... -
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 ...
