Macau Youth Entrepreneur Association. (MYEA), formed by the Macao district members of the China Youth Entrepreneur Association, Guangdong Youth Entrepreneur Association, and Guangzhou Youth Entrepreneur Association, held it’s first meeting in June 2003 and the board of members was elected. The Macau Youth Entrepreneurs Association (Chinese language site) intends to help the youth entrepreneurs to cultivate enterprise relationships, to discover trade opportunities, to establish a business network, and to explore the current markets by working with entrepreneurs from China, Macau, and European Union. The Macao SME Association is a non-profit making organization established in May 1998. In endeavors to assist small and medium-sized enterprises (“SMEs”) to explore and develop markets and to enhance their competitiveness. The Macao SME Association members include entrepreneurs and management staff of all trades in Macao, as well as professionals who are well versed in commerce/industry, trading, finance, and technology.
Macau Small Business Opportunities and Ideas
Macau Small Business Online Directory and Company Index. People in Macao and around the world are daily searching the internet to find trusted and reliable business contacts. One way Macao SME and local small businesses can get found is by listing in the best free online company directories. Adding your Macau local business listing to these online directories is easy. But if you only list in a few of them, you’re really losing out a huge opportunity to get found online. A listing in the Macau Asia Online Small Business Directory is therefore very much recommended. Every Asian or Asia-based individual directory that you submit to is another chance to get found online, so it’s important to make sure you’re listed in every Asian company listing site possible.
Macao Government has implemented three financial support schemes to assist the development of small and medium enterprises (SMEs) and improvement of the business environment in general, with a view to enhancing and strengthening the SMEs’ capabilities and competitiveness. The Small & Medium Enterprises Association of Macao (SME-Macao), is an affiliate of The International Small Business Congress (ISBC) since 2010.
Video: Macau, 50 km from Hong Kong, is one of the two special administrative regions of the People’s Republic of China. It lies on the western side of the Pearl River Delta across from Hong-Kong which is to the east, bordering Guangdong province to the north and facing the South China Sea to the east and south. The territory’s economy is heavily dependent on gambling and tourism.
Macau Small Business – Country Information
Macau’s economy is still heavily dependent on the gambling industry, with the casino sector representing over 70% of Macau’s tax revenue and employing one-fifth of the active workforce. The government is trying to diversify the economy, particularly through tourism and recreation. Macau’s heritage as a former Portuguese colony gives China the prospect that it could become a potential interface with Portuguese-speaking countries.
- Full Name: Macau/Macao of People’s Republic of China
- Form of Government: Devolved executive-led system within a socialist republic
- Population: 696,100
- Area: 115.3 km2 (44.5 sq mi)
- Major Languages: Chinese and Portuguese
- Monetary Unit: Macau pataca or Macanese pataca
- Internet Domain: .mo
- International Dialing Code: +853