HK$ 10K Handout FAQs / Updates

[mrgoodkat]

Starting to see some chatter about the second relief package.

I do hope it is a bit more holistic, surgical and efficiently delivered than previous - 10K + 3.5K checks that are in a mail on a slow boat from China or somewhere else.

https://twitter.com/JournoDannyAero/...71830115713024

I think they are hoping it will all be over before they actual have to pay out some money. "Oh well, now it won't be necessary anymore"

[chuckster007]

How many millions will the banks make from this 10K handout as admin fee

[shri]

Original Post Deleted

For school going kids. (may be less or more.. Lost track)

[shri]

Looking good...

https://twitter.com/MoneyTalkR3/stat...498716160?s=20

[shri]

Lam said the government will pay 50 percent of workers' salaries for six months, with the monthly subsidy for each worker capped at HK9,000.

The CE said companies will be reimbursed in two installments, with the first of the money arriving by June.

https://news.rthk.hk/rthk/en/compone...9-20200408.htm

[shri]

In other news..

https://twitter.com/alvinllum/status...251432960?s=20

[MatthieuTofu]

Does it involve copy pasting spell checked talking points of gratitude?

In other news..

https://twitter.com/alvinllum/status...251432960?s=20

I smell a lucky draw

[TheBrit]

For school going kids. (may be less or more.. Lost track)

I did not see this. Any details? All PR children eligible?!

[coolguy88]

Any idea what kind of businesses are included in this latest round of benefits? What about import/export trade and wholesalers?

[aw451]

Any idea what kind of businesses are included in this latest round of benefits? What about import/export trade and wholesalers?

Basically only companies in the service industry who have been forced to temporarily shut down / reduce capacity by other government measures.