'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

China To Inject US$44 Billion Into State Banks To Boost Tech And Curb Risks

China said it will inject 300 billion yuan (US$44 billion) into state-owned banks this year to guard against systemic r... Read more

Hong Kong Regulators Expand GenAI Sandbox To Insurance, Securities And MPF Sectors

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

South Korea To Cap Crypto Exchange Ownership At 20%

South Korean regulators and lawmakers have agreed to cap major shareholder stakes in cryptocurrency exchanges at 20%, d... Read more

DBS Hong Kong Partners With Know Your Customer To Automate SME Onboarding

Know Your Customer Limited, a provider of automated business verification solutions, has partnered with DBS Hong Kong t... Read more

Hong Kong Banks Extend Loan Repayment Relief For Tai Po Fire Victims

The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) have met to discuss additional su... Read more

Hong Kong And Macao Deepen Financial Cooperation With Updated Agreement

The Hong Kong Monetary Authority (HKMA) and the Monetary Authority of Macao (AMCM) held a meeting on March 3 to strengt... Read more