As cases sweep through the cramped territory, denizens of tiny apartments search for places to quarantine and isolate as stipulated by law. ( read original story ...)
Hong Kong to give cash handouts as Covid cases hit record level
Hong Kong launched a new round of cash handouts as the city struggles to contain China’s biggest outbreak of coronavirus since the start of the pandemic, even as economists warn ... ( read original story ...)
Virtual Lenders Shake Up Hong Kong’s Banking Industry
There are some signs that is happening. Winston Yung, a managing partner at McKinsey & Co. in Hong Kong, pointed to traditional banks’ ongoing efforts to keep up with the innovations of their digital ... ( read original story ...)
Hong Kong’s Covid Budget; HSBC Bankers Grounded: Virus Update
Sanofi and GlaxoSmithKline Plc, which stumbled in the race to develop a Covid-19 shot, found their vaccine protects against severe disease and hospitalization and will submit data to regulators for ... ( read original story ...)
Hong Kong unveils $22bn budget as ‘zero COVID’ hammers businesses
Finance chief admits businesses facing ‘intense pressure’ amid restrictions that have shut down much of the city. ( read original story ...)
Hong Kong to provide HK$10,000 vouchers, tax relief
The Hong Kong Special Administrative Region government on Wednesday (Feb 23) proposed allocating HK$54 billion (US$6.92 billion) to step up efforts to stabilise the pandemic situation with the central ... ( read original story ...)
Hong Kong COVID cases hit record as compulsory testing looms
Hong Kong reported a record 8,674 new COVID-19 infections on Wednesday, as the city prepares for compulsory testing of its residents after authorities extended the toughest social restrictions imposed ... ( read original story ...)
Hong Kong announces $21 billion budget to support economy as city battles new Covid wave
Financial Secretary Paul Chan said the spread of the virus has "dealt a heavy blow to many people, disrupting both their life and work." ... ( read original story ...)
Govt to raise mortgage cap for homebuyers
Financial Secretary Paul Chan on Wednesday announced the government will make it easier for property buyers to obtain mortgages for pricier flats – ... ( read original story ...)
Budget 2022-23: Hong Kong offers office and retail rental relief for city’s small businesses
All small businesses will be allowed to defer their retail and office rental payments by up to six months, Financial Secretary Paul Chan said in his budget briefing on Wednesday. ( read original story ...)
HSBC Shuts More H.K. Branches, Plans to Close All on Saturdays
HSBC Holdings Plc said it will be closing all of its retail branches in Hong Kong temporarily on Saturdays starting from March 5 as the Asian financial hub scrambles to contain its worst wave of Covid ... ( read original story ...)
Hong Kong unveils US$22 billion Budget to offer COVID-19 relief with tax breaks, handouts
Hong Kong will offer tax breaks, handouts and subsidies to small businesses and residents, to mitigate the impact of a new wave of social restrictions to curb COVID-19 infections, Finance Secretary ... ( read original story ...)
Hong Kong Unveils $22 Bn Budget For Virus Plagued Economy
Hong Kong's finance chief on Wednesday unveiled a costly HK$170 billion ($21.79 billion) budget, including tax breaks and consumer spending vouchers, as the city reels under its worst coronavirus ... ( read original story ...)
Hong Kong budget proposals offer COVID relief with tax breaks, handouts
Hong Kong will offer tax breaks, handouts and subsidies to small businesses and residents, to mitigate the impact of a new wave of social restrictions to curb COVID-19 infections, Finance Secretary ... ( read original story ...)