180,000 Seek Government's New Unemployment Subsidy
"); jQuery("#212 h3").html("

"); });
2022-03-26 HKT 12:07
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.
Ant International And Bank Of China Partner To Enhance Cross-Border Payment Connectivity
Ant International and Bank of China (Hong Kong) (“BOCHK”) announced a partnership which leverages BOCHK’s banking... Read more
BitGo Korea Gets Green Light For Virtual Asset Custody, Backed By SK Telecom
BitGo Holdings, Inc. (BitGo) announced that its subsidiary, BitGo Korea, Inc. (BitGo Korea), received its Virtual Asset... Read more
Webinar: When Account Takeover Moves Past Onboarding
Account takeover shows why fraud risk cannot be treated as an onboarding problem. Fraudsters are using stolen credentia... Read more
JCB To Trial Stablecoin Payments In Japan With Digital Garage And Lawson
JCB Co., Ltd. (JCB), Digital Garage, Inc. (Digital Garage), and Lawson, Inc. (Lawson) announced that they have jointly ... Read more
Bonnie Chan To Lead HKEX Until Feb 2030 After Securing Second Term
The HKEX Board of Directors has approved the renewal of the employment contract of Hong Kong Exchanges and Clearing Lim... Read more
Ripple Signs Its First Korean Regional Bank In Cross-Border Remittance Deal
Ripple, a blockchain-based enterprise solutions provider for traditional and digital finance, announced a partnership w... Read more