Tag: SMEs
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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 ... -
Satellite casino exit spurring lease cancellations, says real estate association
The upcoming exit of satellite casinos by the end of the year, many located in ZAPE, has already begun to affect the local real estate market, ... -
Closure of satellite casinos alarms local businesses
The impending closure of 11 satellite casinos and three slot machine halls in Macau has alarmed local businesses, with the District Development Promotion Association warning of ... -
Retail sales drop 15% in Q1
The retail sector saw a significant contraction in the first quarter of 2025, with total sales dropping by 15% year-on-year to MOP17.58 billion, according to the ... -
Business registrations rise in Q1 with 727 new firms
A statistics release from the Statistics and Census Service (DSEC) showed that there were 727 more companies in Macau at the end of the first quarter ... -
‘Nowhere to turn’: Small businesses dependent on imports from China are feeling more desperate
Major orders canceled. Containers of products left stranded overseas. No roadmap for what comes next. The Trump administration raised tariffs on goods from China to 145% ... -
SMEs now eligible to apply for loan up to MOP5 million
Local small and medium-sized enterprises (SMEs) in Macau can now apply for loans of up to MOP5 million from licensed banks, according to the Economic and ... -
Retail and catering sectors see surge in sales amid consumption boost scheme
Retail and catering firms are reporting a surge in sales amid the ongoing city-wide consumption boost scheme. During the first week of the campaign, many stores ... -
Food industry faces challenges amid takeaway platform fees
The rise in commission fees imposed by food delivery platforms is presenting financial challenges for restaurant sector in the SAR. Industry representatives highlight that small and ... -
Lawmaker worries over satellite workers’ prospects amid SMEs’ deteriorating business environment
Small and medium-sized enterprises (SMEs) are warning of a deteriorating business environment, stating that the region has “lost competitiveness” largely due to the slowdown in the ...
