Proposed Fine 'too Much To Bear For Shop Owners'
"); jQuery("#212 h3").html("

"); });
2022-12-07 HKT 21:24
Vendors said the government's proposal to increase the fine for illegal shop extensions is too much to bear as the current business environment is poor.
The government on Wednesday suggested raising the fines for illegal shop extensions and the unlawful disposal of construction waste from HK$1,500 to HK$6,000, while the penalty for littering will be doubled to HK$3,000.
But some vendors at Tai Yuen Street Market in Wan Chai said they're not happy with the proposal.
A vendor surnamed Lau, who owns a seafood shop there, told RTHK the proposed fine is too high.
"Even if the government insists on raising the fine, it should only increase it by around HK$100 to HK$200. Raising the fine to HK$6,000 is hard to accept as we are already struggling to maintain our livelihood," he said.
An owner of a dried goods stall, surnamed Yeung, also expressed opposition to the proposed increase.
"Business is already poor due to the pandemic. Raising the fine to HK$6,000 may greatly harm our income," he said.
Some shoppers also said the proposed fine is too stiff. "I agree to raising fines, but I think the scale is too big. I feel bad for the affected vendors. Their income is already low, so being fined is very painful for them," a woman surnamed Yim said.
DAB lawmaker Vincent Cheng said higher fines could help crack down on illicit extensions, which he described as an "annoying problem" that has existed for a long time.
"A lot of shop owners [considers] the penalty [as] rent, so they don't take it seriously. We think that if the penalty increases a bit, that can help to solve this kind of issue," he said, adding that enforcement is key to tackling the problem.
On the littering penalty, Cheng said doubling it would add to the hardship of grassroot residents.
He proposed a progressive fixed penalty, which would increase the punishment for repeat offenders.
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
Is Hong Kongs Default Life Insurance Choice A Wealth Drain?
Hong Kong is a city that takes financial security seriously, boasting one of the highest insurance penetration rates in... Read more
RedotPay Secures $107M Series B, Total Funding Hits $194M
RedotPay, a global stablecoin-based payment fintech, has closed a US$107 million Series B round, bringing its total cap... Read more
91% Of Hong Kong Merchants Lose Revenue To Payment Friction
Aspire has released its Hong Kong Ecommerce Pulse Check 2025, highlighting that while mid-sized ecommerce merchants rem... Read more
