Stop Cooling Off Period Move, Says Workers' Union

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

Related News Programmes

"); });

2018-05-07 HKT 15:17

Share this story

facebook

  • Stop cooling off period move, says workers' union

A group representing beauty parlour staff wants the government to reconsider its plan to introduce a mandatory cooling-off period for the sector, saying it will drive most, if not all, shops out of business.

The government is considering a seven-day period for customers to change their minds about services provided by the beauty and fitness industries, after many a number of complaints about people being coerced into entering contracts worth thousands of dollars.

But the Beauty Industry Union said on Monday that current laws already provide enough protection for customers, and there are only a handful of unscrupulous businesses.

It said the sector is also taking steps to better protect customers, such as setting up a certification scheme to recognise good shops.

DAB lawmaker Elizabeth Quat, who has been helping the group, said the reported move by the government has already affected the sector as banks have made conditions tougher for many beauty parlours.

RECENT NEWS

Binance Pay And TBCASoft Enable QR Payments Across Merchant Networks In Japan

Binance Pay has partnered with TBCASoft to enable QR code payments through the HIVEX Network, starting with a planned r... Read more

OSL Launches AgentPay For AI Agent Stablecoin Payments

OSL Group has launched AgentPay, a stablecoin payment infrastructure designed to enable AI agents to execute autonomous... Read more

The Biggest AI Governance Gap In APAC Lies In Proof And Traceability

AI has outgrown the role of an assistant, now moving money, approving transactions, and carrying out multi-step tasks w... Read more

HSBC Sells Tokyo HQ As It Prepares For 2029 Relocation

HSBC has sold its Tokyo headquarters building to a unit of Mitsubishi HC Capital, according to Bloomberg. The sale come... Read more

Why Multi-Currency Cards Need More Than Card Issuing

Tap a multi-currency card in Tokyo, and the payment looks no different from any other card transaction. Behind the tap,... Read more

China CITIC Bank Names Wang Junwei As CEO

China CITIC Bank International (CNCBI) has appointed Wang Junwei as its Executive Director and Chief Executive Officer,... Read more