BPA welcomes the second round of Anti-epidemic Fund measures

Hong Kong government announced the second round of the $137.5 billion Anti-epidemic Fund measures. The Business and Professionals Alliance for Hong Kong (BPA) welcomed the latest measures and expressed our appreciation and gratitude to the Administration that has listened to and accepted our suggestions. BPA believed the measures could help support enterprises, safeguard jobs and relieve people’s burden. Members of the Alliance urged the government to announce the details of the implementation of the measures as soon as possible.

BPA calls for MTR fare cuts by 20 to 30% for 9 months

COVID-19 epidemic jeopardizes Hong Kong people’s livelihood. Honorable Members of the Business and Professionals Alliance for Hong Kong (BPA) met with the Secretary for Transport and Housing Frank Chan Fan on March 9 to suggest the MTR Corporation to reduce fares by 20 to 30 percent for 9 months in order to alleviate the burden of travelling expenses on citizens. To tide the public over difficult times, the implementation period should be from April until the end of this year. BPA urged the government to cover related expenses by the dividend income from MTR.

BPA Urges Government to Grasp Golden Opportunity for Shek Kip Mei Estate Redevelopment

Some blocks of Shek Kip Mei Estate in Sham Shui Po were built almost 40 years ago and many flats were dilapidated. After holding a residents’ meeting previously, Honorable Members of the Business and Professionals Alliance for Hong Kong (BPA) invited Frank Chan Fan, Secretary for Transport and Housing, to a site visit on 3 June. Ir Dr Hon Lo Wai Kwok, chairman of BPA, said that the government should grasp the golden opportunity to redevelop the 9 remaining residential blocks excluded from the current redevelopment phases as well as facilitate local resettlement. This would be a win-win situation: the residents could live in their flats safely, and the government could ease the shortage of public housing units.