Want to be in the loop?
subscribe to
our notification
Business News
COVID-19 UPDATE - HKSAR GOVERNMENT'S ECONOMIC SUPPORT MEASURES
The novel coronavirus epidemic has brought exceptional challenges to the world. The Hong Kong Special Administrative Region (HKSAR) Government has responded to the needs of Hong Kong people and the society in rolling out a host of relief measures with the following objectives:
1. Help businesses stay afloat;
2. Keep workers in employment;
3. Relieve financial burdens of individuals and businesses; and
4. Assist the economy to recover once the epidemic is contained
Since the beginning of 2020, the Government has launched three rounds of measures totalling HK$287.5 billion (about US$37 billion) to assist the affected industries and the public, including two phases of Anti-epidemic Fund and a relief package in the 2020-21 Budget.
For more details, please click the following links:
Webpage - https://www.coronavirus.gov.hk/eng/anti-epidemic-fund.html
e-Booklet - https://www.coronavirus.gov.hk/pdf/fund/CE-Measure-12-eng.pdf
Here are also some handy links to the government websites for your reference please:
Fight Against the Coronavirus
https://www.coronavirus.gov.hk/eng/index.html
BrandHK Update Page
http://www.brandhk.gov.hk/html/en/WhatSOn/HKUpdate2019.html
======================
HKETO, Singapore
Facebook & Instagram: hketosg
#FightTheVirusTogether
#SupportHongKongTogether
#WeWillHoldOn
#HongKongWillComeThrough
Related News
HCMC: ‘5+1’ MODEL AIMS TO LIFT SERVICES TO 75% OF GRDP BY 2040
High-value services are set to account for 70-75% of HCMC’s gross regional domestic product (GRDP) by 2040 under a “5+1” development model centered on the Vietnam International Financial Center in HCMC (VIFC-HCMC). The target is outlined in a recently issued plan by the HCMC government to turn the city into a major services hub for Vietnam and the region, with a focus on high-value, modern industries. The plan aims to reshape the economy toward a more efficient and sustainable structure.
HCMC PROPOSES NO MARKUP ON OFFICIAL LAND PRICES
HCMC’s Department of Natural Resources and Environment has proposed setting the land price adjustment coefficient, known as the K factor, at 1 for households and businesses, meaning land-use fees and rents would be calculated directly from the official land price table without any upward adjustment. The proposal, included in the third draft regulation submitted by the department to the land price appraisal council, is intended to ease financial burdens on residents and businesses while supporting a recovery in the real estate market.
TOURISM AND INFRASTRUCTURE FUEL VIETNAM'S REAL ESTATE GROWTH
According to Chung, 2026 is considered a pivotal year as the Vietnamese economy enters a new development phase with a series of new policies on socioeconomic development, planning, and infrastructure investment. Against the backdrop, the real estate market is facing significant opportunities to enter a new development cycle.
ĐẮK LẮK LAUNCHES THREE MANUFACTURING PROJECTS WORTH US$30 MILLION
Đắk Lắk Province has broken ground on three new industrial projects at Hòa Hiệp 1 Industrial Park with a combined investment of nearly VNĐ790 billion (US$30.2 million). The projects are the Agrilong–Green World Fertiliser Plant, the Bá Hải Canned Food Processing Plant, and the Kotinochi Phú Yên Semi-Trailer and Spare Parts Manufacturing Plant. The investors are Hoang Long Vina JSC, Ba Hai JSC, and Kotinochi JSC, respectively.
SMART ENERGY INFRASTRUCTURE CRITICAL FOR GREEN GROWTH
Developing smart energy infrastructure will be critical for Việt Nam to achieve its green growth ambitions, as the global energy transition has entered a new phase that requires more flexible, resilient and digitally enabled energy systems. At the Smart Energy Infrastructure Development Forum in Hà Nội, experts said that countries must move beyond simply expanding renewable power generation and focus on building smarter energy systems.
QUẢNG NINH ADJUSTS GRDP GROWTH TARGETS FOR EACH QUARTER
The northern province of Quảng Ninh posted broad-based socio-economic expansion in the first half and is pushing to deliver full-year gross regional domestic product (GRDP) growth above 13 per cent, an all-time high. To achieve more than VNĐ100 trillion (US$3.7 billion) in state budget revenue this year, the provincial People's Committee has set a target of 13.21 per cent GRDP growth, with quarterly growth projected at 12.58 per cent in the second quarter, 15.48 per cent in the third and 14.86 per cent in the fourth.
























