Hospital Tops In First Round Of Job Protection Aid
"); jQuery("#212 h3").html("

"); });
2020-06-22 HKT 13:51
The government will dish out HK$4.8 billion under an employment subsidy scheme introduced to ease the economic impact of the coronavirus pandemic, with a private hospital being the biggest recipient in the first round.
Some 25,000 businesses with 200,000 employees will receive a combined HK$4.8 billion from the Employment Support Scheme.
The Hong Kong Sanatorium and Hospital gets almost HK$86 million, making it the biggest beneficiary.
Other businesses who get major sums are IT Apparel, which receives HK$47 million while Hong Kong Television Network gets almost HK$33 million.
The money will cover half the salary of each employee, up to a maximum of HK$9,000, for up to six months as long as they don’t sack the staff.
The government had earmarked HK$80 billion for the Employment Support Scheme, which is part of HK$137.5 billion anti-epidemic relief measure being implemented by the Carrie Lam administration.
But critics have said the scheme does not do enough and excludes many people such as freelance or casual workers, elderly employees or those who have been made redundant recently.
Treasury Secretary Grilled On Economic Figures And Foreign Policy. He Refrained From Directly Calling Ukraine An Ally.
Treasury Secretary Scott Bessent emphasized that prices would come down as soon as the Iran war ended, hailed Trump's ec... Read more
More Than Seven In Ten Americans Think The U.S. Is On The 'Wrong Track' Ahead Of The Midterms: Poll
The new poll also showed that Trump's approval rating had sunk to 34%, with more than half of respondents saying they "s... Read more
World Bank Encourages Developing Nations To Embrace 'Small' AI To Accelerate Economic Growth
Paschal Donohoe, the managing director and chief knowledge officer at the World Bank, said that so-called "small AI" cou... Read more
Ukraine Launches Large-Scale Drone Attack On Russia, Defies Trump's Demands To Leave Russian Energy Alone
Swarms of Ukrainian drones hit numerous targets in Russia, including an oil terminal, overnight despite Trump's repeated... Read more
Protests In France Are Becoming Increasingly Violent. Demonstrations Have Now Spread To Other European Countries.
The protests, which began as localized demonstrations against perceived neglect in the French education system, intensif... Read more
Trump Maintains Defiant Message In Kentucky Midterm Rally, Makes Dubious Claims About Republican Popularity
The president held a rally on Saturday in which he touted the supposed successes of his two terms in office, attacked hi... Read more
