The Transformation Journey of Century-old Yeng Kee Bakery

Macao’s tourism industry started in the 1960s and entered a period of rapid growth in the 1980s, during which time the Inner Harbour was the city’s major ferry terminal and tourists used to shop for food souvenirs, such as salted threadfin, dried oysters, crabs and frozen wonton, in the streets around the terminal, namely the areas of Rua de Cinco de Outubro and Avenida de Almeida Ribeiro. Yeng Kee Bakery was founded during this period and sold homemade pastries, such as almond cookies, egg rolls and Chinese shortbread, in addition to popular products like dried oysters and crabs.

Time flies and things change. Nowadays, the number of specialty stores that still sell salted threadfin and dried oysters is gradually declining and sweets and pastries, such as almond cookies, egg rolls, peanut sweets and nougats, have become the most popular souvenirs. Founded in 1928, Yeng Kee Bakery has developed a modern automated production system and its products have been sold on a number of large-scale e-commerce platforms and received an enthusiastic response.

Finding One’s Own Pace and Never Compromising in the Entrepreneurial Journey

Lexx Moda UK was founded in 2003 by Sanjo Iong, who is a Macao designer passionate about women’s footwear design. It is an original Macao brand. The prototypes of the brand’s earliest products, however, originated from small towns in the United Kingdom. Some years ago, the selection of women’s shoes catering for niche tastes in the European and American markets was rather limited. To fill this gap, Iong used her knowledge of the shoemaking supply chain in the Asian market and devoted herself to exploring the overseas market with original products. She has promoted the brand by participating in footwear exhibitions held in Australia Germany, Italy and Japan.

Up-to-date Information on Economy and Trade

The total value of retail sales for the whole year surging by 63.5% year-on-year to MOP73.96 billion for the whole year of 2021

Visitor arrivals increased by 24.7% year-on-year in January 2022

A total of 449 MICE events were held, an increase of 68 year-on-year for the whole year of 2021

The general unemployment rate was 3.2% for November 2021 to January 2022

Exhibitors Information

Mar Exhibitors Information

03

Facilitation Services for Commercial Registration in Nine Cities of Guangdong-Hong Kong-Macao Greater Bay Area

In order to encourage Macao enterprises to invest in cities in the Greater Bay Area by optimising the commercial registration procedures of the Guangdong-Hong Kong-Macao Greater Bay Area for Macao enterprises, the Macao Trade and Investment Promotion Institute (IPIM) inked an co-operation agreement with the Guangdong Market Supervision & Administration Bureau to roll out the Facilitation Services for Commercial Registration in Nine Cities of Guangdong-Hong Kong-Macao Greater Bay Area, which assists Macao enterprises and citizens to complete commercial registration for investing or starting up a business in the nine Mainland cities of the Greater Bay Area, namely Dongguan, Foshan, Guangzhou, Huizhou, Jiangmen, Shenzhen, Zhaoqing, Zhongshan, and Zhuhai.

Online Business Matching Service Platform

Macao Trade and Investment Promotion Institute’s (IPIM) brand new “Online Business Matching Service Platform” is now available for local and overseas entrepreneurs to enjoy self-service business matching and ease of expanding their markets.
Through this open-source platform, registered users will be able to participate in the business matching sessions in the exhibitions and events organised by IPIM. Furthermore, users will be able to advertise or search for collaboration projects, screen interesting projects, and pre-arrange meetings with interested parties and generate a preliminary meetings schedule.

Visit the platform and sign up now. Website:
http://bm.ipim.gov.mo/index.html