Bank of China, ICBC, Luso International, Tai Fung Bank, CGB, Mpay, AliPay and UePay lend support to e-payments.
Thousands of applicants from retail, construction and hotel industries come forward after suffering the economic effects of Covid-19.
Online registration runs from 10 May to 13 January 2023. Fund valid until 28 February next year.
Government also plans to spend MOP 1.326 billion on subsidising business and residential water and electricity bills for a period of six months.
Gaming tycoon and political bigwig demands practical help for gaming industry, warns that failing Macao economy will adversely affect One Country, Two Systems.
Layoffs, unpaid leave and possible closures – investigation into 500 SMEs in the city paints a grim picture, with no immediate relief in sight.
Emergency cash will finance new round of consumption benefits, and subsidise utility bills for homes and businesses.
Economy expected to accelerate to 23% in 2023, growth not expected to surpass pre-pandemic levels until 2025.