Business

Art in the machine

Changing the way in which we react with our ever-more-robotic environment, creating interaction without function and art that makes observers think about the man-machine relationship – the next step
Changing the way in which you understand and interact with machines, using robotics in our daily lives – in everyday objects – to dynamically interact with our environment, using robotic integration i

Rebuilding business

Financial support provided by the DSE to SMEs affected by Typhoon Hato reached MOP157.3 million as of September 5
Some 10,544 requests for financial support were submitted by SMEs (small and medium size enterprises) affected by Typhoon Hato to the Industrial and Commercial Development Fund of the Macao Economic S

Favourite MICE snap up lion’s share

Macau Convention and Exhibitions Association received almost a third of the MOP21.4 million in financial support provided by IPIM in the first half of this year
Macau Trade and Investment Promotion Institute (IPIM) granted MOP16.2 million (US$2 million) in financial support in the second quarter of this year, a dispatch in the Official Gazette revealed yester

Retrieving hands

The government granted MOP10.6 million in subsidies via SME and Young Entrepreneur aid schemes in August, 92.4 per cent less than in the previous month
A total of MOP10.6 million (US$1.3 million) in subsidies was granted to young entrepreneurs and small and medium enterprises (SMEs) during the month of August, according to the most recent information

Jet hangar not yet in business

The recent typhoons have damaged the new business aviation jet hangar, further delaying its opening
The new business jet hangar at Macau International Airport has been damaged by the recent typhoons, with its opening being further delayed, Macau International Airport Company Ltd.

Strong growth in meetings compensates for slowdown

Official data released by (DSEC) showed that the MICE sector attracted 405,000 attendees in Q2

Details unveiled by the Statistics and Census Service (DSEC) show that during the second quarter of this year, 333 MICE (meetings, incentives, conferences and exhibitions) events were held in the MSAR

August CEPA picking up

The total value of goods exported to mainland China under the CEPA (Closer Economic Partnership Arrangement) amounted to MOP7.68 million (US$952,604) in the month of August, up 8.6 per cent month-on-m

Air Macau suffers RMB15 million in losses in H1

Local airline company Air Macau registered losses of RMB15 million (MOP18 million) in the first six months of this year, an improvement from the RMB38 million in losses posted in the same period last

Cause and effect

Last year’s tariff reduction imposed by CTM on Internet and leased line services ‘notably impacted’ the overall revenues of Hong Kong communications group CITIC Telecom International Holdings Limited

Hong Kong communications group CITIC Telecom International Holdings Limited stated in its results report for the first half of the year that its revenues were ‘notably affected’ by the price concessio

Digitalize or die

Spending more on online than traditional marketing is still not a trend observed in Macau

Local companies could reap benefits from investing more in digital instead of focusing on traditional marketing tools, suggested Lug Giroud, the co-founder of Wild, a digital marketing consultancy com

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