The Hong Kong General Chamber of Commerce (HKGCC) supports the Government’s measures announced today to avoid layoffs and help businesses stay afloat during the unprecedented challenges caused by the prolonged coronavirus epidemic.
The Chamber has been strongly urging the Government to roll out a third tranche of the Employment Support Scheme to help businesses and their employees in the wake of extended social-distancing restrictions to combat Hong Kong’s fifth wave of the pandemic.
“We welcome the Government’s effort to ease SMEs’ pain, and we believe this will help many businesses which are facing huge difficulties under the 5th wave of the pandemic,” said HKGCC Chairman Peter Wong.
The measures are expected to benefit up to 1.3 million employees earning less than HK$30,000 by providing a wage subsidy of up to HK$8,000 a month for each worker between May and July.
To assist those who lost their job due to the pandemic, the Temporary Unemployment Relief programme will offer a one-off subsidy of HK$10,000 to those who lost their job after working in Hong Kong for at least one month in the fourth quarter of last year.
“With this fifth wave hopefully having peaked, we look forward to the easing of travel and other epidemic-control restrictions soon. We hope these will enable the economy to recover,” added Wong.