A bid to increase the minimum wage to 35 patacas from 32 will be a blow to enterprises struggling to recover from the pandemic, he says.
small- and medium-sized enterprises
Non-resident workers should get MOP 3,000 consumption card, chamber suggests. Proposal spurs heated debate.
Alternatives cover losses from MOP 100,000 up to MOP 300,000; premium subsidy of up to 35% also on offer.
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.
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.
Melinda Chan Mei Yi calls for aid for small entertainment venues and businesses in locked-down areas as well as long-term support for SMEs.
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