Tsai Pledges Humanitarian Relief For Hongkongers
"); jQuery("#212 h3").html("

"); });
2020-05-27 HKT 17:22
Taiwanese President Tsai Ing-wen on Wednesday pledged to draw up a plan to give humanitarian relief to people involved in Hong Kong's pro-democracy protests, in Taipei's most concrete intervention since the renewal of unrest in the SAR.
While condemned by Beijing and labelled "rioters" by the SAR government, Hong Kong's demonstrators have won widespread sympathy in democratic Taiwan.
"We will propose an action plan of humanitarian relief for friends from Hong Kong," Tsai told reporters in Taipei. "We will continue to support Hong Kong people's determination to strive for democracy and freedom."
She did not give full details or timing, but said Taiwan's Mainland Affairs Council will lead the initiative, while a government task force will coordinate the budget needed and resources, including accommodation and employment.
Earlier this week, Tsai said Taiwan may revoke the special status it extends to Hong Kong in a warning to Beijing.
Addressing concerns that the revocation could make it harder for Hong Kongers to visit and invest in Taiwan, Tsai said her government will give "necessary help for them to stay, live and work in Taiwan".
Taiwan has no law on refugees that could be applied to protesters seeking asylum, but its laws promise to help Hongkongers whose safety and liberty are threatened for political reasons.
Tsai said the number of immigrants from Hong Kong had jumped in the last year and her government expects the trend to continue. (Reuters)
China To Inject US$44 Billion Into State Banks To Boost Tech And Curb Risks
China said it will inject 300 billion yuan (US$44 billion) into state-owned banks this year to guard against systemic r... Read more
Hong Kong Regulators Expand GenAI Sandbox To Insurance, Securities And MPF Sectors
The Hong Kong Monetary Authority (HKMA), Securities and Futures Commission (SFC), Insurance Authority (IA), and Mandato... Read more
South Korea To Cap Crypto Exchange Ownership At 20%
South Korean regulators and lawmakers have agreed to cap major shareholder stakes in cryptocurrency exchanges at 20%, d... Read more
DBS Hong Kong Partners With Know Your Customer To Automate SME Onboarding
Know Your Customer Limited, a provider of automated business verification solutions, has partnered with DBS Hong Kong t... Read more
Hong Kong Banks Extend Loan Repayment Relief For Tai Po Fire Victims
The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) have met to discuss additional su... Read more
Hong Kong And Macao Deepen Financial Cooperation With Updated Agreement
The Hong Kong Monetary Authority (HKMA) and the Monetary Authority of Macao (AMCM) held a meeting on March 3 to strengt... Read more
