Cash Handouts As Early As April Next Year: FS
"); jQuery("#212 h3").html("
"); });
2018-04-21 HKT 17:20
Share this story
The Financial Secretary Paul Chan said on Saturday the first batch of residents eligible for the government's cash handouts of up to HK$4,000 can receive the money as early as April 2019.
The government announced last month that adults who were completely left out of the relief packages in the budget will be eligible to receive the full payment, but even those who benefited can apply for a top-up payment.
Chan said applications for the handouts would start in February next year. He described the administrative cost of HK$300 million as reasonable.
HSBC, StanChart, Alibaba Cloud Among First Cohort Of HKMAs Gen AI Sandbox
The Hong Kong Monetary Authority (HKMA) and Cyberport have announced the first cohort of its Generative Artificial Inte... Read more
QuickFest 2025 To Focus On AI, Automation, And The Future Of Accounting
QuickFest, the virtual conference tailored for accounting professionals, bookkeepers, and consultants, will return on 1... Read more
5 Stories That Shaped Hong Kongs Fintech Scene In 2024
In 2024, Hong Kong further cemented its position as a leading fintech hub in the world, with the number of fintech comp... Read more
Top 11 Fintech Events In Hong Kong, Japan And Korea In 2025
East Asian countries, especially Hong Kong, China and South Korea, have become global hotspots for fintech innovation, ... Read more
Hong Kong SFC Grants Four VATP Licences, Boosting Virtual Asset Growth
The Securities and Futures Commission (SFC) announced today that it has granted Hong Kong VATP licences to four virtual... Read more
ZA Bank Chief Exec Ronald Iu Reportedly Stepping Down, May Join PAObank
Chief Executive of Hong Kong’s ZA Bank, Ronald Iu, is reportedly planning to step down early next year, according to ... Read more