First two events attracted more than 210,000 visitors combined; this year’s carnival includes karaoke contest, little kids’ cooking workshop and street dance competition.
SMEs
Local brands take up retail space at Cotai resort, tapping into city’s tourism economy and enlivening its high quality lifestyle appeal.
Thousands of applicants from retail, construction and hotel industries come forward after suffering the economic effects of Covid-19.
Layoffs, unpaid leave and possible closures – investigation into 500 SMEs in the city paints a grim picture, with no immediate relief in sight.
Chief Executive laments Macao continues to suffer the effects of Covid-19 and poor visitor numbers, rising unemployment and declining birth rate.
Ordinary business category charges reduced by 20%, rates for social housing customers slashed by more than half.
Top advisors voice support but suggest more help for SMEs, fewer civil servants and expert advice on the development of Hengqin.
Integrated resorts group sees the investment as supporting the diversification of Macao’s economy through the development of its financial markets.
Loans of up to MOP 2 million on offer as bank reaches out to both individuals and SMEs affected by Covid-19’s impact on the economy.
