Saturday, December 13, 2008

Legislators approve loans plan


Legislators approve loans plan
13-12-2008

Legislators have approved a HK$100 billion plan to help small and medium sized enterprises, or SME's, obtain loans. The plan will allow businesses to borrow up to six million dollars with 70 percent guaranteed by the government. Some lawmakers called on any businesses benefitting from the scheme to refrain from laying off staff.

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