Hong Kong's Wage Subsidy Farce



ORIGINAL POST
Posted by Ed 18 days ago
The Hong Kong government has promised Ocean Park a HK$10.6 billion rescue package to regain its status as a top attraction in the region.  Ocean Park has been a bottomless pit for our tax dollars for many years prior to Covid....   Source 
 
 
Meanwhile, the second round of wage subsidies, distributed to 20,000+ employers with 290,000 workers totalled HK$7.2 billion.  Source
 
 
Hong Kong’s No 2 official has indicated that there will be no further wage subsidies for businesses hit hard by the Covid panic even as unemployment rises.
 
 
“The expense is very big.” he said. “Only an economic recovery will ease the hardships of workers. Containing the virus depends on every resident’s cooperation.” 
 
 
 
 
Related: 
 
- Sweden has defeated Covid
 
- Scientists from Harvard, Oxford, Stanford and other top med schools urge governments to end lockdowns and adopted a policy of 'focused protection
 

Please support our advertisers:

< Back to main category



Login now