Hong Kong to provide second round of financial aid to firms

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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.

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

On Friday the city’s government imposed measures including banning public gatherings of more than four people and closing cinemas, gyms and arcades after it reported a surge in coronavirus cases. The daily increase in new coronavirus cases had fallen to single-digit figures before the government announced the quarantine plans but have risen steadily in the past week.

 

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