Starlink added 54 satellites to its constellation, despite FCC rejecting US$886 million subsidy to expand the service to 650,000 rural areas across US. Source link
Read More »Indonesia mulls reducing fuel subsidy to try to balance the books
‘Maintaining the energy subsidy is a heavy task. How long can we go on like this?’ says President Widodo, but while his approval ratings are high, limiting subsidies or recipients is no easy task, say experts. Source link
Read More »Hong Kong jobless subsidy receives nearly 180,000 applications within 3 days
Nearly 180,000 people have applied for a HK$10,000 unemployment subsidy within the first three days of applications opening, with the city leader saying the scheme would have no upper limit on the overall funds distributed.Speaking at her daily presser on Saturday, Chief Executive Carrie Lam Cheng Yuet-ngor, said that financial …
Read More »Unemployed in line to get HK$10,000 handout; Hong Kong facing 1,536 Covid cases
Unemployed Hongkongers will be granted a one-off payment of HK$10,000 (US$1,282) as part of an expected HK$27 billion round of pandemic relief funding, with the city expecting to confirm 1,536 new coronavirus cases on Monday amid a worsening fifth wave of infections.According to a government paper submitted to the Legislative …
Read More »Hong Kong considering short-term unemployment subsidy: financial chief
Hong Kong authorities have been reviewing a call by lawmakers and unionists for the government to issue a short-term subsidy for unemployed residents amid the current fifth wave of coronavirus infections, the city’s finance chief has said.The revelation by Financial Secretary Paul Chan Mo-po on Saturday suggested the government could …
Read More »Hong Kong multinationals covering quarantine costs of travelling expats
Some multinational firms in Hong Kong will continue to cover the quarantine costs of employees with overseas families in hopes of retaining talent in a city with possibly the most stringent Covid-19 entry restrictions in the world.Restaurant groups and investment banks interviewed by the Post said they forked out millions …
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