Business opportunities for local SMEs

The second edition of the forum for Macao integrated tourism and leisure enterprises and corporate social responsibility, with a theme for collaboration with small and medium sized enterprises (SMEs) was held in MGM’s Grand Ballroom yesterday.
The event seeks to achieve the diversification of the city’s economic development and provide opportunities for local SMEs to work with global conglomerates.
According to Professor Lei Heong Iok, president of Macao Polytechnic Institute (MPI), all the registered enterprises in Macau, over 90 per cent of them are SMEs, and currently employ about 40 per cent of Macau’s total workforce.
Learning opportunity
Jimmy Lee, purchasing director of Golden Apple Worldwide Trading Co., Ltd, joined the SME programme organised by MGM in October last year, telling Business Daily that more business opportunities are being created by joining the SME programme, adding he found it challenging to work with corporations.
“The big corporations require higher standard services and follow-up, which is more complicated than dealing with orders from local retailers.
But because of their requirements, I have learned how to operate my business more systematically and professionally. As a result, I am exposed to more international orders and MGM has offered me a strong reputation,” Mr. Lee said.
Representatives from six gaming operators included MGM, Sands China Ltd., and Wynn Macau Ltd. Melco Crown Entertainment, Galaxy Entertainment Group and SJM Holdings Ltd. all attended the event yesterday.
The forum is organised by IPIM and supported by the Liaison Office of the Central People’s Government in Macau. *with Cecilia U