The Limited Times

Now you can see non-English news...

New crown pneumonia | Small and medium-sized enterprises' business has been hit hard, orders dropped to only 10 or 20%

2020-08-04T04:55:18.243Z


The third wave of the epidemic continues to be severe. Chao Guoming, chairman of the Hong Kong Chamber of Commerce of Small and Medium Enterprises, said that the mainland and foreign countries have been affected by the epidemic successively, and business has been hit hard in the past six months. The current orders have been significantly reduced to the previous level of 10 or 20%. He also reflected that the government's job-guarantee program "helped" and expects that the seventh batch of "job-guarantee" programs will cover cleaners, security guards and part-time employees.


Social News

Written by: Chen Jiayi

2020-08-04 12:45

Last update date: 2020-08-04 12:45

The third wave of the epidemic continues to be severe. Chao Guoming, chairman of the Hong Kong Chamber of Commerce of Small and Medium Enterprises, said that the mainland and foreign countries have been affected by the epidemic successively, and business has been hit hard in the past six months. The current orders have been significantly reduced to the previous level of 10 or 20%.

He also reflected that the government's job-guarantee program "helped" and expects that the seventh batch of "job-guarantee" programs will cover cleaners, security guards and part-time employees.

The Director of the Bureau of Labor and Welfare Luo Zhiguang pointed out that the contents of the second phase of the "Ensure Employment" plan will be announced in August. (Information Picture/Photo by Li Zetong)

Chao Guoming, chairman of the Hong Kong Chamber of Commerce of Small and Medium Enterprises, said on the Metro Radio program that the mainland and foreign countries have been affected by the epidemic, and business has been hit hard in the past six months. The current orders have been drastically reduced to only one to two percent of the past. He pointed out that the current mainland business is mainly domestic sales, while export business is bleak. The quarantine measures at the ports of the two places are still maintained. He pointed out that the owners of small and medium-sized enterprises usually conduct remote control in Hong Kong and send employees to factories in the Mainland.

Chao Guoming pointed out that the government's employment protection plan "helped." He reflected that some companies plan to close down or lay off employees, and the threshold for the plan is not high. It becomes their "timely rain" and allows them to catch their breath during the six months.

▼In the third wave, the government has extended the restrictions on gatherings and banned food in the evening market.▼

+9

+8

+7

The government is about to issue the seventh batch of wage subsidies for the "Ensure Employment" program. He hopes to make up for some "missing fish", such as cleaners and security guards who are not funded by MPF, and some part-time employees in the catering industry .

Chao Guoming believes that the epidemic will not be optimistic in the next year. Under the new normal of the epidemic, small and medium-sized enterprises must consider how to deploy the development of their enterprises. He believes that it is impossible to restore the previous model or use online platforms.

New crown pneumonia | The existing design work of the support team of the local cabin hospital does not affect the existing functions of Yabo

New crown pneumonia|The members of the Mainland advance team arrived at Huada Gene in Tai Po Industrial Estate this morning

New Coronary Pneumonia | He Boliang: The infection rate of the four high-risk groups is similar to the Hong Kong average

New crown pneumonia|Yang Runxiong: Study and adjust the timetable for next year's DSE exam may reduce required questions

New Crown Pneumonia Insurance Employment Plan

Source: hk1

All news articles on 2020-08-04

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.