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Transformation

Johnson Chao*

The Individual Visit Scheme of Guangdong Province reopened, and tourists appear in Macau soon. Public security police (PSP) data shows that the current average daily tourist is about 10,000, which is only about 10% of the pre-Covid-19. How will Macau economy go on?

The COVID-19 pandemic has hit the global economy, most of the companies have suffered losses. From large companies to small companies, they try their best to increase their income. In the aviation industry, companies create new products, which are very popular. Qantas sells first-class food and pajamas online, which are sold out immediately. Taiwanese airlines have launched round-trip flights around Taiwan Island, which are also very popular. Taiwan’s China Airlines, which is mainly passenger transport, relies on cargo during the pandemic. Earning NT$2.4 billion in the second quarter of this year, making it becomes the only airline in Asia to earn money under the pandemic.

To think about new methods, break the old style

Transformation becomes a new way for enterprises. To think about new methods, break the old style. In the past, shops in Macau that depended on tourists to survive should be re-known to locals, and it may be a new way to transform to online sales by introducing products that attract local customers.

*Journalist and editor of Chinese channel of PLATAFORMA

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