'Don't Increase Statutory Holidays During Depression'

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2021-05-20 HKT 09:20

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  Liberal Party leader Felix Chung says now is not the right time to be increasing the burden on employers. File photo: RTHK

The pro-business Liberal Party on Thursday said the government should delay moves to increase statutory holidays for blue-collar workers for at least a couple of years, until the local economy has improved.

Liberal Party leader Felix Chung also said the government should delay abolishing the MPF off-setting mechanism, which allows employers to use part of a worker's pension fund to cover workers' severance and long service payments.

"We do not mind to give more benefits to employees as long as the economy is good, everybody knows that we're making profits" Chung said.

"Now Hong Kong, actually the whole world, is having a depression, so how can we afford to pay more?" he asked.

He said Hong Kong has faced tough economic times for the past few years and it is not the right time to increase the burden on employers.

Chung added that the party would propose amendments to bills currently being discussed by lawmakers.