HKTDC welcomes the Government's new easing measures to support SMEs

Sep 04, 2019 23:30 JST

Source: HKTDC

HONG KONG, Sep 04, 2019 - (ACN Newswire) - Dr Peter KN Lam, Chairman of the Hong Kong Trade Development Council (HKTDC), strongly supports the new measures announced today by the Chairman of the Hong Kong Mortgage Corporation Limited and Financial Secretary Mr Paul Chan regarding the HKMC Insurance Limited's SME Financing Guarantee Scheme, as well as the increased support for SMEs by raising awareness, facilitating implementation and injecting capital into SME funding schemes, as mentioned by Secretary for Commerce and Economic Development Mr Edward Yau.

Dr Lam said, "Hong Kong's economy is facing internal and external pressures as the US-China trade war intensifies and as Hong Kong society is going through a tough period. This is impacting Hong Kong's businesses large and small, especially SMEs. The easing measures announced by the Financial Secretary Mr Paul Chan and the enhancements to provide coordinated SME support services described by the Secretary for Commerce and Economic Development Mr Edward Yau will enable more SMEs to benefit from these support programmes. The HKTDC will work closely with the Hong Kong SAR Government on these new measures to help our SMEs tackle the issues they face in operations, financing and maintaining competitiveness."

Dr Lam added, "I and our team at the HKTDC will redouble our efforts to help Hong Kong's SMEs overcome these challenges by helping them find new opportunities and prospects."

Contact:

Susanna Sin, Tel: +852 2584 4294, email: susanna.kc.sin@hktdc.org

Source: HKTDC
Sectors: Daily Finance, Local Biz

Related Press Release

HKTDC Home InStyle, Fashion InStyle forge global business opportunities

April 23 2024 19:00 JST

HKTDC Home InStyle, Fashion InStyle open today

April 20 2024 19:00 JST

InnoEX, Spring Electronics Fair boost tech hub status

April 16 2024 19:24 JST

InnoEX promotes Hong Kong as international I&T hub

April 13 2024 19:00 JST

HKTDC launches seven events to cover lifestyle sectors and licensing in late April

April 11 2024 21:00 JST

Inaugural HKTDC Smart Lighting Expo, Spring Lighting Fair receive enthusiastic response

April 09 2024 18:00 JST

HKTDC Smart Lighting Expo debuts today alongside Spring Lighting Fair

April 06 2024 18:00 JST

Inaugural HKTDC Export Confidence Index: Rising expectations of export uptick

March 27 2024 18:00 JST

Fashion Hong Kong 2024 pop-up store in Paris draws strong response

March 26 2024 11:00 JST

InnoEX returns with twofold increase in the number of exhibiting countries and regions

March 22 2024 17:00 JST

More Press release >>

Latest Press Release

JCB enables JCB Contactless acceptance at Taichung MRT in Taiwan
Apr 26, 2024 10:00 JST

Mazda Production and Sales Results for March 2024 and for April 2023 through March 2024
Apr 25, 2024 18:21 JST

MHI Begins Operation of SOEC Test Module the Next-Generation High-Efficiency Hydrogen Production Technology at Takasago Hydrogen Park
Apr 25, 2024 17:45 JST

GAC Honda to Begin Sales of All-new e:NP2, the Second Model of e:N Series
Apr 25, 2024 16:50 JST

Toyota Exhibiting at Beijing Motor Show 2024
Apr 25, 2024 16:25 JST

Honda Reaches Basic Agreement with Asahi Kasei on Collaboration for Production of Battery Separators for Automotive Batteries in Canada
Apr 25, 2024 11:10 JST

UNIQLO Sponsors KAWS + Warhol Exhibition Tour, Starting in Pittsburgh
Apr 25, 2024 09:00 JST

Mitsubishi Power Begins Commercial Operation of Seventh M701JAC Gas Turbine in Thailand GTCC Project; Achieves 75,000 AOH To-Date
Apr 24, 2024 17:19 JST

MC and Denka Sign J/V Agreement in Fullerene Business
Apr 24, 2024 17:02 JST

Mitsubishi Motors Posts Record Sales in the Philippines in FY2023
Apr 24, 2024 13:56 JST

NEC Develops High-speed Generative AI Large Language Models (LLM) with World-class Performance
Apr 24, 2024 13:25 JST

Fujitsu SX Survey reveals key success factors for sustainability
Apr 23, 2024 10:25 JST

Fujitsu and METRON collaborate to drive ESG success: slashing energy costs, boosting productivity with new manufacturing industry solutions
Apr 22, 2024 16:09 JST

NEC Strengthens Commitment to Space Industry with Investment in Seraphim Space Venture Fund II
Apr 22, 2024 15:09 JST

Soft Space Launches the First and Only JCB Payment Gateway in Malaysia
Apr 22, 2024 15:00 JST

TOYOTA GAZOO Racing takes a one-two in Croatian thriller
Apr 22, 2024 10:47 JST

First-ever Mazda CX-80 Crossover SUV Unveiled in Europe
Apr 19, 2024 13:50 JST

Fujitsu develops technology to convert corporate digital identity credentials, enabling participation of non-European companies in European data spaces
Apr 19, 2024 10:17 JST

Mitsubishi Heavy Industries and NGK to Jointly Develop Hydrogen Purification System from Ammonia Cracking Gas
Apr 18, 2024 17:01 JST

Toyota Launches All-New Land Cruiser "250" Series in Japan
Apr 18, 2024 13:39 JST

More Latest Release >>