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Passions drive new business endeavours

A successful business is always driven by passion – a passion for giving customers what they need or like. Passion is what impels two Macao companies – Nam Va Trading Co. and Beemax Development Co. Ltd. – to keep building up their businesses.

With premises near the Rotunda de Carlos de Maia on the Macao Peninsula, Nam Va sells food and spices from Southeast Asia. The company was established more than four decades ago by the father of Nam Va Sales and Buying Manager Patrick Ho.

“My father is a Burmese of Chinese origin,” Mr Ho tells Macao Image. “After migrating to Macao, he found that Macao lacked products from Southeast Asia. Our company started as a store that imported various products, mainly from Thailand and Myanmar.”

In the 1990s Mr Ho’s father realised that it would be crucial for the future of the business to have products of its own. So he put great effort into the necessary study and research. “My father even went back to Myanmar and learned from the masters. He thought that the most famous food was belacan,” says Mr Ho, referring to a type of shrimp paste. “He started learning how to produce belacan, and how to make mohinga.” Mohinga is a kind of fish soup.

Mr Ho’s father also spent time studying how to make curry paste. His hard work culminated in the launching of food bearing the company’s Golden Tower brand.

When Mr Ho took over Nam Va, about 13 years ago, he set out to increase the amount of business the company does. “We took part in exhibitions organised by the Macao Trade and Investment Promotion Institute, such as the Macao International Trade and Investment Fair (MIF) and the Guangdong and Macao Branded Products Fair,” he says. “The advantage of taking part in exhibitions like those is that our customer base is no longer limited to the Three Lamps district. We were able to attract people from other parts of Macao, as well as from Mainland China, to buy my products.”

Mr Ho says taking part in exhibitions not only gives his company more exposure but also gives it opportunities to interact with customers and listen to their advice so it can improve its products.

Under Mr Ho’s management, Nam Va introduced a new style of packaging for Golden Tower products. At first, the new packaging caused some confusion among some of its older customers, who thought the brand had been withdrawn from the market, indicating the needs of broader publicity. But, in time, the new design won the brand more customers among the younger generation, Mr Ho says.

Nam Va began optimising their production, giving the output a more uniform quality and making it seem less home-made. The company now intends to apply for certification by the International Organization for Standardization.

Even though it now makes its own products, Nam Va continues to import various kinds of food from Southeast Asia to Macao, especially the food popular with the younger generation.

Mr Ho says Nam Va will continue to expand its business in Mainland China. The company is investigating electronic methods of promoting its products, with a view to tickling people’s palates with some of the best flavours that Southeast Asia has to offer.

A model business model

Also striving to bring people joy and satisfaction is Beemax Development Co. Ltd., a Macao manufacturer of kit models of racing cars.
Beemax was founded by Antonio Ieong and Daniel Liu. Both have been keen on racing cars and assembling model car kits since they were children, so they know all there is to know about the various types of racing car and the teams that race them.

In 2003, the pair met a Japanese friend who, when he found out that they were motor racing enthusiasts, asked them to help a Japanese manufacturer of kit models, Fujimi Mokei Co. Ltd., with its products.

In 2011, another acquaintance introduced Mr Ieong to the managers of another Japanese manufacturer of kit models, Aoshima Bunka Kyozai Co. Ltd. Mr Ieong tells Macao Image, “They were amazed that we were helping Fujimi voluntarily. They then proposed official co-operation, which led to the founding of Beemax in 2012.”

Every kit model manufactured by Beemax is based on one of Mr Ieong’s and Mr Liu’s favourite championship racing cars. The launching of every new kit model costs Beemax hundreds of thousands of patacas. The company has to develop the moulds for the parts and obtain licences from the makers of the full-scale cars the models represent. The Beemax co-founders say that sometimes a maker will refuse to grant a licence or deliberately stall the process of obtaining one.

“It can take half a year or even a year to obtain a licence from a car maker. Sometimes they will even ignore us,” says Mr Liu. Mr Ieong adds: “Obtaining a licence is the most time-consuming stage of the whole process of product development.”

Despite the difficulties, Beemax produces kit models of various types of racing car designed by European or Japanese makers. The co-founders say half their products are sold in Japan and about 30 percent in Europe.

“People that like to assemble model car kits are really rare,” Mr Liu says. But he believes the market has the potential to grow. Mr Ieong says Beemax will keep working hard to introduce more kit models of cars that have won Macao Grand Prix races.

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Nam Va Sales and Buying Manager Patrick Ho aims to increase the amount of business the company does by taking part in trade exhibitions

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The co-founders of Beemax, Antonio Ieong (left) and Daniel Liu (right), say half their products are sold in Japan and about 30 percent in Europe

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Beemax Development Co. Ltd. is a Macao manufacturer of kit models of racing cars designed by European or Japanese makers