Pro-govt Lawmakers Also Plan Voluntary Pay Cuts
"); jQuery("#212 h3").html("

"); });
2020-04-09 HKT 13:23
Pro-government lawmakers said on Thursday they were planning to follow in the footsteps of officials by taking a voluntary pay cut as a “gesture” to show solidarity with Hong Kong people struggling during the coronavirus pandemic.
New People's Party chairwoman Regina Ip said she would donate 10 percent of her salary as a lawmaker until the Legco session ends in September, although she said she hadn't yet decided who to give the money to.
Ip is also having a 10 percent reduction in her salary for being an executive councillor.
“Because the legislature has not been able to hold meetings as usual, we’re doing less work. So I think it’ll be a good gesture to the public to show we’re willing to take a salary cut,” she said.
DAB lawmaker Holden Chow said his party colleagues are also considering donating their wages.
“The crux of the matter is people expect us or the government officials to show a good gesture to the society that we need to go through this very painful period but at the same time we will offer help to those in need,” he said.
Chief Executive Carrie Lam said on Wednesday that she and principal government officials will take 10 percent pay cuts for 12 months as the city struggles to cope with an economy hit hard by the ongoing coronavirus pandemic.
Ant Internationals Ant Bank And Bettr Selected For Hong Kongs GenAI Sandbox++
Digital bank Ant Bank and embedded financial solutions provider Bettr have been selected to participate in Hong Kong’... Read more
Visa And BOCHK Tapped For Hong Kong AI Sandbox To Test Agent-Initiated Commerce
Visa has announced that it is partnering with Bank of China (Hong Kong) (BOCHK) in the GenA.I. Sandbox++. With the Visa... Read more
Hong Kong Regulators Pick 36 Agentic AI Use Cases For GenA.I. Sandbox++
The Hong Kong Monetary Authority (HKMA), the Securities and Futures Commission (SFC), the Insurance Authority (IA), and... Read more
Finloop And Yunfeng Financial Become Latest Anchorpoint Authorised Distributors
Finloop and Yunfeng Financial have joined Anchorpoint’s HKDAP stablecoin beta access programme as authorised distribu... Read more
Standard Chartered Becomes First Bank To Distribute HKDAP Stablecoin
Standard Chartered Bank (Hong Kong) Limited (SCBHK) has become the first bank distributor of HKDAP, the Hong Kong dolla... Read more
Lianlian DigiTech Profit Doubles In H12026, Agent Wallet Pushes To Address Payment Needs
Lianlian DigiTech Co., Ltd, a payment service provider headquartered in China, reported its interim results for the fir... Read more