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.
SMEs
Proposals include MOP 10,000 cash handout for certain tax payers, interest-free loans of up to MOP 600,000 and three-month rent exemption on government real estate.
Owners battered by fewer customers, material shortages and rent demands; call for government to balance prevention measures with aid for the economy.
Pandemic has impacted food, beauty and tourism industries, who are now calling for subsidies to tide them over.
Wynn Resort (Macau) hosted the 2020 Wynn Local SME Procurement Partnership Meeting and E-Commerce Forum on Wednesday, aiming to serve as a starting point for the transformation and upgrading of local small and medium-sized enterprises (SMEs).
50 shops in Taipa and Coloane have joined the Economic Services Bureau (DSE) second-phase “special features shop programme”, meaning now altogether 100 shops and restaurants are participating in the scheme.
The Legislative Assembly on Tuesday passed unanimously a government-initiated bill which allows the government to take on debt of up to MOP 2.2 billion (US$275.6 million) for its two loan guarantee schemes for local small- and medium-sized enterprises (SMEs).
Macau gaming operator MGM has announced further measures to assist small- and medium-sized enterprises (SMEs) in coping with the adverse impact of the COVID-19 epidemic.
Since February 1, the Macau Economic Bureau has received about 2,500 applications for financial assistance from SMEs hit by the impact of the COVID-19 epidemic.