Business Leaders Wary Of Monday's General Strike

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

"); });
2019-08-03 HKT 10:24
The leader of one of Hong Kong's biggest business groups says they don't support a general strike called for Monday over the extradition saga.
The president of the Chinese Manufacturers' Association, Dennis Ng, says a strike will damage the economy, and might lead to the government taking an even stronger stand.
Meanwhile the honorary chairman of the Federation of Hong Kong Industries, Jimmy Kwok, called on people to minimise disruption to others.
He said businesses can only control things such as salary and benefits, while political considerations are beyond their remit.
"For the political reasons, the employers couldn't do anything. If it's only for the benefits of the employees, it's easy for any employers to consider whether the costs are affordable, and are they necessary, and that would be a solution, as soon as possible," Kwok said.
"But politically, no employers could have that decision to call off."
Rallies are also being organised at multiple locations around the city on Monday
TOPPAN Edge Becomes Japans First Qualified VLEI Issuer
The Global Legal Entity Identifier Foundation (GLEIF) has announced TOPPAN Edge, a subsidiary of TOPPAN Holdings that p... Read more
SFC And Dubais DFSA Partner On Cross-Border Regulatory Cooperation
The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (D... Read more
Toss To Launch Finance Super-App In Australia, Plans Won-Based Stablecoin
South Korea’s fintech unicorn Toss is preparing to launch its finance super-app in Australia before the end of this y... Read more
China Funds Research On Stablecoins And Cross-Border Oversight
China’s largest government-backed research funder has begun accepting applications for studies on stablecoins and the... Read more
XTransfer, CZBank Shanghai Branch Form Cross-Border Finance Partnership
XTransfer has entered into a partnership with the Shanghai branch of China Zheshang Bank (CZBank). The agreement was si... Read more
Brinc Launches VentureVerse Through Acquisition Of OG Club
Brinc, a Hong Kong-based venture acceleration and corporate innovation firm, has acquired OG Club, a decentralised auto... Read more