DSE increase to aid SME recovery

The Macao Economic Services (DSE) has increased the amount of subsidy available to SMEs (small and medium size enterprises) to help them recover from the havoc caused by Typhoon Hato. The amount rises from MOP300,000 (US$12,408) to MOP500,000 after the department received opinions from SMEs.
The department revealed that some 334 applications for the subsidy have been approved, with the total amounting to MOP10.02 million.
DSE announced that those who had applied for the subsidy earlier would automatically receive MOP500,000 once an application is approved, while those who had received the lesser amount before the adjustment would receive the difference later.
As of Monday, a total of 3,150 applications had been received.