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Written by: Huang Yongyu, Yuan Shu
2020-07-14 13:29
Last update date: 2020-07-14 14:41The Government has launched the "Guaranteed Employment Program" earlier, which will accept applications from May 25th to the deadline of June 14. The government announced today (13th) the list of the fourth batch of employers receiving wage subsidies, the amount of wage subsidies and the number of employees promised to be paid, involving about 11,000 employers. The total amount of wage subsidies was about 6.27 billion yuan and the number of employees promised to be about 27 Million. In the fourth batch of the list, the first two to receive the most subsidies are Cathay Pacific and KMB. Together with catering, service and other companies, Cathay Pacific received a total of more than 500 million, and together with Dragonair and other subsidiaries related to its main business, Cathay Pacific received a total of more than 650 million subsidies; while KMB received more than 324 million yuan.
There have been five batches of about 110,000 employers receiving subsidies involving about 29.5 billion yuan. A
government spokesman said that together with the first three batches of published employer lists, the secretariat has announced four batches of about 100,000 recipients since June 22 List of employers and related information on wage subsidies. In addition, the fifth batch of approximately 9,000 employers who successfully applied for the payment of wage subsidies began today. The amount of subsidies involved is about 4.1 billion yuan, and the number of paid employees is about 190,000. In other words, there have been five batches of about 110,000 employers receiving wage subsidies, covering about 1.3 million employees, involving wage subsidies of about 29.5 billion yuan.
Cathay Pacific's epidemic hit its business hard, and its passenger capacity dropped sharply. (Profile picture)
In the fourth batch of lists, many large enterprises made the list. Its China Thai Airways Co., Ltd. received about 458 million and promised 17,703 paid employees. In addition, Cathay Pacific Catering Services (Hong Kong) Co., Ltd. also received about 43 million yuan. It promised 1,590 paid employees and Cathay Pacific Service Co., Ltd. received a contract 17 million yuan, 646 employees promised to be paid, in other words, Cathay Pacific received at least 519 million yuan subsidies. In addition, Dragonair, a subsidiary of Cathay Pacific Airways, also received about 69 million, with 2,581 salaried employees. In addition, Hong Kong Airport Ground Services Co., Ltd., a joint venture between Cathay Pacific and Dragonair, also received a subsidy of 70.82 million Hong Kong dollars, which enabled Cathay Pacific to receive a total of more than 650 million Hong Kong dollars in salary assistance.
Kowloon Bus (1933) Co., Ltd. also received 324 million. (Profile picture)
In addition, when the Chief Executive Lin Zhengyue met the reporter earlier, he mentioned that in the fourth batch of lists, large enterprises accounted for 8.3%, more than before, so the average salary subsidy granted to employers was larger, with an average of more than 500,000. In addition to Cathay Pacific Airways, Kowloon Bus (1933) Co., Ltd. also received 324 million with 12,590 employees, and Ocean Park received nearly 60 million with 2,891 employees, and Longyun Bus received more than 20 million subsidies , Involving 824 employees.
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