180,000 Seek Government's New Unemployment Subsidy

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2022-03-26 HKT 12:07

Share this story

facebook

  • 180,000 seek government's new unemployment subsidy

The government said on Saturday that almost 180,000 people have now applied for the new one-off jobless subsidy, since it opened for applications on Wednesday.

Speaking on an RTHK programme, Doris Ho, who heads the Policy Innovation and Co-ordination Office, says the number of applicants was "expected", and hopes these people can receive their HK$10,000 subsidy within three weeks of their applications.

But Ho rejected calls to roll out another round of unemployment subsidy for businesses that are still unable to reopen when social-distancing rules are relaxed next month.

It's not that we don't understand that people are struggling, but after all, this is "temporary" assistance for the unemployed," Ho said.

She said the government would be rolling out a new round of the employment support scheme in the future.

"Through this, we hope employers will get the message that the Covid situation is starting to stabilise, social-distancing rules will be relaxed in phases, and the government is providing them with wage subsidies for their workers from May to July...so that they'll keep staff on - and not fire them," she said.

RECENT NEWS

Brad Jones Departs PayMe By HSBC, Takes Advisory Role At Peppermint Innovation

Brad Jones has stepped down as CEO of PayMe by HSBC, effective 23 May 2025, after two years in leading one of Hong Kong... Read more

Alibaba Cloud Expands Network To Help Chinese Firms Go Global

Alibaba Cloud, part of the Chinese technology company Alibaba Group, plans to rapidly establish a global cloud computin... Read more

Citi Launches Citi AI In Hong Kong To Boost Employee Efficiency

Citigroup announced on 22 May 2025 that it has launched Citi AI, a suite of tools for its employees in Hong Kong, accor... Read more

HSBC Partners With Ant International On Real-Time Tokenised Treasury Payments

Ant International has launched a tokenised deposit solution in collaboration with HSBC. This move enables real-time HKD... Read more

HKMA And Land Registry Team Up To Boost Data Sharing With CDI-CDEG Linkage

The Hong Kong Monetary Authority (HKMA) announced on 22 May 2025 that its Commercial Data Interchange (CDI) is now conn... Read more

Hong Kong Stablecoins Bill Officially Passed, Set To Come Into Effect Later This Year

The Hong Kong government welcomed the Legislative Council’s passing of the Stablecoins Bill today, 21 May 2025. The b... Read more