You are here

Hong Kong announces fresh relief measures of HK$2b to boost economy

[HONG KONG] Hong Kong Financial Secretary Paul Chan announced on Tuesday fresh relief measures of HK$2 billion (S$347.4 million) to support the economy as anti-government protests roil the Chinese-ruled city which is bracing for its first recession in a decade.

The move follows a HK$19.1 billion package in August to support the underprivileged and business enterprises as the government grapples with five months of protests that have battered the retail and tourism sectors. 


BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to