Two SMEs Funding Schemes Enhanced

Government Enhances Funding Schemes for SMEs Hong Kong has enhanced two funding schemes: the Dedicated Fund on Branding, Upgrading & Domestic Sales (BUD Fund) and the SME Export Marketing Fund (EMF) schemes for SMEs. Specifically, new measures aiming to provide more focused and sustainable assistance have been introduced. These changes apply to applications received from…

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Supplementary Labour Scheme Launched in Hong Kong

Supplementary Labour Scheme Launched in Hong Kong

Hong Kong’s Supplementary Labour Scheme Gets Enhancements The workforce shortage could be problematic if unaddressed, due to which the Hong Kong government is enhancing its current supplementary labour scheme. It will be introducing labour importation schemes for the construction and transport sectors. The government’s Chief Executive says that many sectors in Hong Kong are experiencing…

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Hong Kong Work Injury Compensation Increases

Hong Kong Work Injury Compensation Increases

Hong Kong Government Announces the Increase in Work Injury Compensation The Labour Department has announced an increase in compensation levels for work injuries and occupational diseases, providing enhanced protection for employees. Legislative resolutions have raised the levels of 18 compensation items, benefiting injured workers and their families. This development will have a positive impact on…

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