The Hong Kong government has slowly relaxed Covid19 regulations. Employees have slowly been returning to work, restaurants, gyms and bars have re-opened and gatherings of up to 50 people are allowed. It would appear that while the pandemic ravages the globe, Hong Kong, for the most part has managed to contain the spread. Things are starting to feel relatively "normal", people are socialising and the number of local transmission has remained zero for successive weeks. Occasionally, there will be a single digit community spread, but it is appears to be part and parcel of the whole situation.
The government has issued both re-usable and deposable masks for each house hold and on top of that the 10,000 HKD subsidy has now been allocated for Hong Kong residents. The initiative is two fold, to provide household relief and secondly an attempt to stimulate the floundering local economy. In addition, the Securities and Futures Commission (SFC) the regulatory body for Hong Kong has also granted a 2,000 HKD subsidy for all licensed employees.
It's debatable that these grants are going to the right people and that it will have the desired affect. I for one, rank in the "less deserving" camp, and it's arguable that financial services professionals are probably more financial sound than say those in Tourism or F&B. In any case, I need to think about a way to inject those funds back into Hong Kong system. I'm thinking that I support the local mom and dad shops around the area. That's $12,000 HKD that I will be spending on wontons and noodles.
The government has issued both re-usable and deposable masks for each house hold and on top of that the 10,000 HKD subsidy has now been allocated for Hong Kong residents. The initiative is two fold, to provide household relief and secondly an attempt to stimulate the floundering local economy. In addition, the Securities and Futures Commission (SFC) the regulatory body for Hong Kong has also granted a 2,000 HKD subsidy for all licensed employees.
It's debatable that these grants are going to the right people and that it will have the desired affect. I for one, rank in the "less deserving" camp, and it's arguable that financial services professionals are probably more financial sound than say those in Tourism or F&B. In any case, I need to think about a way to inject those funds back into Hong Kong system. I'm thinking that I support the local mom and dad shops around the area. That's $12,000 HKD that I will be spending on wontons and noodles.
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