Target The Neediest First For Handout: Ann Chiang
"); jQuery("#212 h3").html("

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "http://newsstatic.rthk.hk/audios/mfile_1387683_1_20180324163326.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', 'http://news.rthk.hk/rthk/en/component/k2/1387683-20180324.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','http://news.rthk.hk/rthk/en/component/k2/1387683-20180324.htm', 'DCS.dcsqry', '' ); } } }); }); });
2018-03-24 HKT 11:26
DAB lawmaker Ann Chiang on Saturday called on the government to try to prioritise getting the HK$4,000 cash handout to those who most need it, and suggested streamlining the application process.
Financial Secretary Paul Chan on Friday announced a new scheme to benefit around 2.8 million people after criticism that last month's budget failed to share the largesse widely enough.
While officials hope to distribute the money before next year's budget, Chiang called on the administration to streamline the process to get the money faster to people living in poverty.
She suggested the government keep the application form short and urged it not to be too hard on people who inadvertently made an incorrect application.
Only people who are aged 18 or above and were completely left out of the Financial Secretary's HK$52.4 billion relief package last month will be eligible to receive the full HK$4,000 payment.
However, even those who will benefit from the tax deductions, rates waivers, and extra welfare, old age and disability payments can apply for top-up payments if they were promised less than HK$4,000 in the budget, meaning all Hong Kong residents are guaranteed a total package of at least HK$4,000.
SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion
SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more
4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA
The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more
Ripple Launches RLUSD Stablecoin In Japan Through SBI Group
Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more
SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan
SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more
Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences
Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more
European And South Korean Banks Form Project Pangea For FX Settlement
Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more