'Impact Of CTU's Possible Disbandment Assessed'
"); jQuery("#212 h3").html("

"); });
2021-09-18 HKT 13:15
Labour Secretary Law Chi-kwong on Saturday said officials have been studying ways to lower the impact of a possible disbandment by the Confederation of Trade Unions (CTU), one of the government's largest employee training course service providers.
The official was speaking a day before the CTU is scheduled to hold a press conference, and its executive committee had reportedly decided to start a disbandment process.
Law says the Employees Retraining Board is looking into the issue.
"Starting from a couple days ago, the ERB has already looked into this matter to see what are the possibilities and ways to try to reduce the impact on the trainees as far as possible," Law said.
"If it's not possible, [we will see] whether other training bodies can come on board to help complete the training or take over the training," he added.
Meanwhile, the labour chief has defended the government's decision to suspend reservations for rooms at the Penny's Bay quarantine centre for incoming foreign domestic helpers from Sunday.
The facility will open on Monday to helpers who need to be quarantined, and bookings for the rooms – which started on Tuesday – were quickly snatched up.
Officials announced on Friday that they had to stop taking new bookings, so they could revise the procedures for the reservation system.
Law was asked why officials couldn't increase its daily quota of 50 rooms to satisfy the demand.
"If we increase the number of people coming in, and then unfortunately [if] we have a high infection rate on arrival, then all these flights will be suspended. And that basically means there will be none coming in," the minister explained.
Law said officials will need at least one week's time to look into the operation of the facility, while keeping an eye on the development of the pandemic, the situation of the helpers flying in and their infection rate.
He added that authorities are also speaking with at least two more hotels on whether they could become designated quarantine hotels for helpers.
Five Years In: Lessons From Asias Digital Bank Revolution | David Becker, MD APAC, Mambu
Digital banking in Asia was supposed to change the world. Five years later, did it live up to the hype? In this in-dept... Read more
19th Asian Financial Forum To Spotlight Finance And Global Opportunities
The 19th Asian Financial Forum (AFF), co-organised by the Hong Kong SAR government and the Hong Kong Trade Development ... Read more
HK Banks Launch Money Safe Service To Protect Deposits
The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) announced on 30 December that all... Read more
HashKey Lists On Hong Kong Exchange
HashKey listed on the Main Board of The Stock Exchange of Hong Kong Limited, becoming the first digital asset company t... Read more
North Korea Linked To Over Half Of 2025 Crypto Heist Losses
TRM has published new research showing that North Korea-linked actors were responsible for more than half of the US$2.7... Read more
South Korea Forms Task Force After Coupang Data Breach
The South Korean government announced on Thursday (19 December) that it will establish an interagency task force to add... Read more
