'More Help Needed For SMEs And Poor Students'

"); jQuery("#212 h3").html("

Related News Programmes

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "https://newsstatic.rthk.hk/audios/mfile_1516054_1_20200322091239.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'https://news.rthk.hk/rthk/en/component/k2/1516054-20200322.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1516054-20200322.htm', 'DCS.dcsqry', '' ); } } }); }); });

2020-03-22 HKT 09:12

Share this story

facebook

  • Education sector lawmaker Ip Kin-yuen. File photo: RTHK

    Education sector lawmaker Ip Kin-yuen. File photo: RTHK

Education sector legislator, Ip Kin-yuen is urging the government to roll out another round of epidemic relief measures to help businesses that were largely left out of previous packages.

These include businesses such as tuition institutes, education centres, part-time tutors and coaches who provide extra-curricular training for schools. He said there is also a need to enhance support for the unemployed and the semi-unemployed, and to strengthen the loans available to SMEs to tide them over their difficulties.

Speaking on RTHK's Letter to Hong Kong programme, Ip said that with the epidemic threatening to become a long-term global threat, the administration should use a part of its abundant reserves to protect people's livelihoods and the economy

He also said the prolonged school shutdown has exposed the disparity between rich and poor pupils. With schools now teaching online, children from needy families are finding it difficult to keep up because many do not have computers at home, or sufficiently fast internet speeds for distance learning.

Ip added that classes should only resume when there are no new cases with an unknown source for 28 days, and when schools have enough protective equipment like face masks, for all pupils.

RECENT NEWS

Why Financial Crime Keeps Rising, Even After $200 Billion In Compliance Costs

Despite spending over $200 billion globally on compliance, financial crime continues to surge. AI, deepfakes, and scam ... Read more

Cathay United Bank Launches First Private Banking Operations At Taiwans New Asset Management Hub

Taiwan has launched a new Asset Management Hub in Kaohsiung, aimed at accelerating the development of onshore private b... Read more

OCBC Hong Kong To Launch Serial Entrepreneur Financing By End-2025

OCBC Hong Kong has announced a new financing initiative by OCBC Group aimed at supporting serial entrepreneurs in Hong ... Read more

Hex Trust CEO Joins Hong Kongs Web3 Task Force

Alessio Quaglini, CEO and Co-founder of Hex Trust, has been appointed as a non-official member of the Hong Kong SAR Gov... Read more

E-Wallets Vs Digital Banks: Whats The Winning Fintech Model In Southeast Asia?

At Money20/20 Asia, we sat down with Jaykie Tan, Head of Business Development APAC at Mambu, and Cecilia Tan, Regional ... Read more

Hong Kong Introduces Anti-Scam Charter 3.0 To Tackle Online Financial Fraud

The Hong Kong Monetary Authority (HKMA), the Securities and Futures Commission (SFC), the Insurance Authority (IA), and... Read more