Supermarket Giveaways Too Restrictive: DAB
"); jQuery("#212 h3").html("

"); });
2020-10-11 HKT 13:14
The DAB party on Sunday blasted a giveaway plan by Hong Kong’s two largest supermarket chains, saying it’s too restrictive and excludes most people.
ParknShop and Wellcome have agreed to give back to the community after receiving hundreds of millions of dollars from the government’s anti-epidemic wage subsidy, despite seeing a boom in business during the pandemic.
At least half the amount the firms received is to be given back to the community in the form of cash vouchers, food coupons, discounts and other measures by the end of the year.
These vouchers are being dispersed to various groups of people via non-governmental organisations, but the DAB says this arrangement means only people affiliated with these NGOs are getting anything, and most people are being left out.
“We hope that it’s not only for the members in the NGOs, [but also for] all the people who is facing unemployment, who [are] facing difficulties”, DAB legislator Vincent Cheng said.
“We hope that they can provide more vouchers to the public as well.”
There has been widespread criticism of the cash voucher scheme, with both sides saying the supermarkets aren’t giving enough back when compared with the amount of taxpayer money they received from the government.
A16z Crypto Opens First Office In Seoul To Expand In Asia
a16z crypto, the crypto-focused arm of Andreessen Horowitz, has announced its expansion into Asia with the opening of i... Read more
Trio AI And AbbyPay Partner To Integrate AI Into Payment Processing
Trio AI, a Hong Kong-based AI infrastructure service provider, has signed a MouU with AbbyPay, a POS-free digital payme... Read more
Modernising Bank Payments: How Banks Can Win In Merchant Acquiring
Banks have been the backbone of merchant acquiring. Their regulatory strength, trusted brands, and long-standing mercha... Read more
KPay Enables Tap To Pay On IPhone For Hong Kong Merchants
KPay now allows its Hong Kong merchants to accept in-person contactless payments using Tap to Pay on iPhone. The featur... Read more
HashKey Group IPO Targets Up To HK1.67 Billion In Hong Kong Listing
Licensed crypto exchange HashKey Group is intending to raise as much as HK$1.67 billion in its Hong Kong initial public... Read more
Endowus Launches Income Enhanced Portfolio For Professional Investors
Endowus, an independent wealth advisor and investment platform in Asia, has launched its Income Enhanced Portfolio, ava... Read more