'HK$5,000 Covid Payment Only For Those Struggling'

"); jQuery("#212 h3").html("

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "https://newsstatic.rthk.hk/audios/mfile_1561477_1_20201123223705.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'https://news.rthk.hk/rthk/en/component/k2/1561477-20201123.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1561477-20201123.htm', 'DCS.dcsqry', '' ); } } }); }); });
2020-11-23 HKT 19:05
The government announced on Monday that coronavirus patients can get a one-off payment of HK$5,000 if their income drops substantially and they're struggling to cope financially because they can't work.
Labour and Welfare Secretary Law Chi-kwong said while grassroots residents are the intended beneficiaries of the scheme, it won't be means-tested and any Covid patients in financial difficulty and not receiving sick pay while they're in hospital will be able to apply.
Law said people who are usually paid on a daily basis are likely to be eligible, as well as taxi drivers and casual workers.
Hong Kong residents who catch Covid-19 overseas will not be covered by the scheme.
The minister explained the decision not to require a means test, saying this could make life even harder for poorer Covid-19 patients.
"To do a means-test would prolong the application process. And it could be hard on the applicants too, because they may have to provide a lot of information before the application is approved," he said.
Law said applicants will have to declare that their income has been greatly slashed and it would be a criminal offence to make a false declaration.
He told the press that the government is still working out how much the scheme will cost but said he doesn't think that many workers will be eligible because most will have sick pay covered by their employers.
He also dismissed concerns that the system could be abused, adding that the move is not aimed at encouraging people to get tested.
"We are just targeting those belonging to the grassroots, and those who are employed or self-employed and suffering from a loss of income. So we do not expect that would create any substantial abuse."
The scheme covers those who were confirmed to have the virus from November 22. Application opens this Friday via Hospital Authority social workers.
Payoneer Completes Easylink Payment Acquisition, To Expand In China
Payoneer, a fintech company offering online money transfers and digital payment services, announced on 9 April 2024 tha... Read more
Adobe And Antom Partner To Enhance Digital Creativity Payments In Asia
Adobe and Antom, a provider of merchant payment and digitisation solutions under Ant International, announced a new col... Read more
HKMA Steps Up Against Digital Scams With Fresh Safeguards
The Hong Kong Monetary Authority (HKMA) announced “E-Banking Security ABC,” a series of new anti-digital fra... Read more
Staking-Enabled Bosera HashKey Ether ETF To Launch By End-April
Bosera International and HashKey Capital Limited announced the launch of the Bosera HashKey Virtual Asset Ether ETF on ... Read more
XTransfer Showcases Cross-Border Payment Solutions At AsiaWorld-Expo
XTransfer participated in the Global Sources Consumer Electronics Show 2025 at AsiaWorld-Expo on April 11, 2025, to pre... Read more
Bain Capital Aims To Raise US$9 Billion For New Asia Funds
Bain Capital is aiming to raise billions of US dollars for its upcoming Asia fund and a special situations fund in the... Read more