Clamour For Aid Rises Again As Curbs Continue
"); jQuery("#212 h3").html("

"); });
2020-08-05 HKT 15:17
Representatives of different sectors are urging the government to provide more financial aid as the lockdown due to coronavirus outbreaks continued to choke the economic activities in the city.
A group of education centre operators said an estimated 90 percent of some 5,000 centres still remaining in business will fold if the government did not provide assistance.
The Education Centres Union demanded at least HK$300,000 in subsidy for each of them to survive through the pandemic.
The union said the money could just cover rent for the centres for half a year.
A spokesman for the group, Trevor So, said the government should also allow them to resume face-to-face classes, because online classes haven’t been effective.
A kindergarten headmistress, Kwan Shuk-ling, who took part in an RTHK programme, also said many of the schools had used up almost all the subsidies provided by the government, and they need help on online teaching too.
Meanwhile, representatives of the beauty industry said they are also in dire straits and complained that several thousand parlours still hadn't received any of the subsidy promised.
The founding chairman of the Federation of Beauty Industry, Nelson Ip, told the programme that the weeks-long closure make it very difficult for them to survive.
The government has rolled out two rounds of relief measures to help struggling businesses, including handing out hundreds of thousands of dollars under its HK$137.5 billion anti-epidemic relief measures to help local establishments during the economic downturn.
But demands have been rising for a third round of subsidies as Hong Kong struggles to contain a third wave of coronavirus outbreak, which saw the strictest restrictions yet being unveiled last month.
Ant Internationals Ant Bank And Bettr Selected For Hong Kongs GenAI Sandbox++
Digital bank Ant Bank and embedded financial solutions provider Bettr have been selected to participate in Hong Kong’... Read more
Visa And BOCHK Tapped For Hong Kong AI Sandbox To Test Agent-Initiated Commerce
Visa has announced that it is partnering with Bank of China (Hong Kong) (BOCHK) in the GenA.I. Sandbox++. With the Visa... Read more
Hong Kong Regulators Pick 36 Agentic AI Use Cases For GenA.I. Sandbox++
The Hong Kong Monetary Authority (HKMA), the Securities and Futures Commission (SFC), the Insurance Authority (IA), and... Read more
Finloop And Yunfeng Financial Become Latest Anchorpoint Authorised Distributors
Finloop and Yunfeng Financial have joined Anchorpoint’s HKDAP stablecoin beta access programme as authorised distribu... Read more
Standard Chartered Becomes First Bank To Distribute HKDAP Stablecoin
Standard Chartered Bank (Hong Kong) Limited (SCBHK) has become the first bank distributor of HKDAP, the Hong Kong dolla... Read more
Lianlian DigiTech Profit Doubles In H12026, Agent Wallet Pushes To Address Payment Needs
Lianlian DigiTech Co., Ltd, a payment service provider headquartered in China, reported its interim results for the fir... Read more
