'Ethnic Minorities Severely Affected By Covid'
"); jQuery("#212 h3").html("

"); });
2022-07-12 HKT 15:30
A group focusing on the rights of ethnic minorities said on Tuesday that this section of society has been disproportionately affected during the fifth Covid wave, experiencing far higher unemployment than the general population.
Unison said its survey, carried out between March and April, found that almost half of the 937 ethnic minority people polled had lost their jobs and 14 percent of them were underemployed.
"In the period February to April 2022, Hong Kong's unemployment rate was 5.4 percent whereas the unemployment rate of ethnic minorities was significantly higher. Close to 50 percent reported having lost their jobs due to the fifth wave of Covid-19," it said.
The NGO also noted that ethnic minority families overall earned much less than the general population, with 57 percent of them living below the 2020 poverty line.
It said current measures alleviating poverty do not cater for ethnic minorities, and recommended authorities provide food bank services with halal food.
Additionally, the group found that many ethnic minority students lacked access to resources to fully participate in online teaching during the fifth wave, which put them in a very difficult position.
Unison said around 43 percent indicated the need for Chinese learning support, and almost 80 percent of respondent families requested online devices and internet connections to cope with internet learning.
“Obviously the government must spend more resources in ensuring that ethnic minority students have access to and equipment for online education. Otherwise, their learning will be negatively affected," said John Tse, the group's executive director.
SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion
SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more
4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA
The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more
Ripple Launches RLUSD Stablecoin In Japan Through SBI Group
Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more
SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan
SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more
Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences
Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more
European And South Korean Banks Form Project Pangea For FX Settlement
Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more
