Business alliance plans ‘show of force’ in bid to ensure Hong Kong finance chief’s controversial rent deferral measure proceeds

Political wrangling surrounding a rent deferral scheme proposed by Hong Kong’s financial secretary to help struggling commercial tenants is escalating as a cross-sector business alliance plans to pile pressure on the government to quickly roll out the budget measure.Joseph Ho Shiu-chung, chief supervisor and former president of the Cosmetic and Perfumery Association of Hong Kong, which includes hair salons, said an alliance of small and medium enterprises (SMEs) would hold a press conference…

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