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Coronavirus: struggling Hong Kong firms left ‘speechless’ by ‘peanuts’ HK$3.5 billion aid package

Hong Kong industries reeling from the unfolding outbreak involving the Omicron coronavirus variant have been left disappointed by the government’s HK$3.57 billion (US$457.7 million) aid package and its decision to extend social-distancing curbs.Industry players lamented that the subsidies were insufficient to cover losses and operational costs as a result of the restrictions, which caused them to miss out on the festive peak season, and wanted the government to lift the curbs as soon as… ...

Hong Kong industries reeling from the unfolding outbreak involving the Omicron coronavirus variant have been left disappointed by the government’s HK$3.57 billion (US$457.7 million) aid package and its decision to extend social-distancing curbs.Industry players lamented that the subsidies were insufficient to cover losses and operational costs as a result of the restrictions, which caused them to miss out on the festive peak season, and wanted the government to lift the curbs as soon as…

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