Início » About 700 firms hit by super typhoon Regasa, most recovering fast: Secretary Tai

About 700 firms hit by super typhoon Regasa, most recovering fast: Secretary Tai

Some 700 businesses were affected by super typhoon Regasa between 23 and 25 September, but most are recovering quickly, Secretary for Economy and Finance Tai Kin Ip said on Tuesday.

Authorities inspected 1,400 businesses across the city after the storm, with roughly half reporting damage of varying degrees, Tai said, as quoted by public broadcaster TDM. Officials have begun assisting firms that purchased catastrophe insurance with claims.

No applications have yet been received for the government’s interest-free loan scheme designed to help small and medium-sized enterprises cope with force majeure events such as typhoons, according to Tai.

Read more in Macau News Agency

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