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Chan Kwok-ki, Algernon Yau in quarantine

​Director of Chief Executive’s Office Chan Kwok-ki and Secretary for Commerce & Economic Development (designate) Algernon Yau are undergoing quarantine in accordance with the Centre for Health Protection’s guidelines, the Government said today.   They were identified as close contacts after an assessment by the centre, as Mr Chan’s wife and a friend of Mr Yau had tested preliminary positive for COVID-19.    Both men have regularly conducted COVID-19 rapid antigen tests and the results have been negative. They also tested negative after conducting a COVID-19 rapid antigen test today. http://dlvr.it/SSZsfs

Business fund upgraded

The Trade & Industry Department today announced enhancement measures for the Dedicated Fund on Branding, Upgrading & Domestic Sales (BUD Fund) in support of enterprises’ business development to be rolled out in three phases from tomorrow.   The BUD Fund’s geographical scope will be broadened progressively from 20 economies with which Hong Kong has signed Free Trade Agreements to 37 economies with which Hong Kong has signed Free Trade Agreements and/or Investment Promotion & Protection Agreements.   In the first phase starting tomorrow, the BUD Fund will additionally cover Japan and Korea, and the cumulative funding ceiling per enterprise will be increased from $4 million to $6 million.   The department noted that the enhancements will further help enterprises develop more diversified markets by utilising the better investment protection under the Investment Promotion & Protection Agreements. More funding support will also be provided for enterprises to capture the business opportunities brought about by the country’s dual circulation development strategy.   Call the fund's secretariat at 2788 6088 for enquiries.
http://dlvr.it/S4fbyr

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