Hong Kong businesses on Wednesday received a HK$9.5 billion package of relief measures, a much-needed shot in the arm to help them stay afloat during the Covid-19 pandemic, although sweeteners for individuals were cut back.Raising the borrowing limit for a government full guarantee loan scheme to HK$6 million for small and medium-sized enterprises was among the key measures Financial Secretary Paul Mo-po announced in his budget speech.Many of his other waivers also remained to relieve the…



READ SOURCE

READ  Why Hong Kong’s opposition lawmakers fear their days of aggressive and theatrical protest tactics in legislature are numbered

LEAVE A REPLY

Please enter your comment!
Please enter your name here