Number of booths doubled to 160; fair to showcase Made in Macao and Macao brands as well as numerous other goods and services.
Non-resident workers should get MOP 3,000 consumption card, chamber suggests. Proposal spurs heated debate.
Plan sets out MOP 10,000 for eligible employees and freelancers, and up to MOP 500,000 per business.
Monetary Authority of Macao raised rate by 50 basis points in May and another 75 basis points last month.
During next week’s consolidation period, limited operations will be available to the public between 25-29 July.
Employees, freelancers and business operators in line for special allowance; measures may be put in place as early as next month.
Most taxpayers can look forward to MOP 15,000 rebate, while many freelance professionals can expect MOP 10,000 grant.
Increase by 75 basis points from 1.25% consistent with Hong Kong as MOP is linked to HK$.