Hong Kong to provide second round of financial aid to firms


People adhering to new social distancing measures gather in Victoria Park in Hong Kong on Sunday (March 29). The Hong Kong government on March 29 rolled out new social distancing measures that bans public gatherings of over four people. - AFP

HONG KONG: Hong Kong’s government will introduce a second round of financial assistance for businesses affected by the Covid-19 (coronavirus) outbreak, according to Chief Secretary Matthew Cheung.

The subsidies from the Epidemic Prevention Fund would aim to protect workers, Cheung wrote in a blog Sunday that didn’t provide details of the plan or a timeline. The government announced its first aid package related to the pandemic late last month to help businesses and individuals.

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