Comparison between Financial Assistance for Businesses in Hong Kong and Singapore after the Coronavirus Outbreak

Businesses across all segments of the global economy have been affected by COVID-19. Governments around the world have implemented enhanced health, safety and social distancing measures to reduce the transmission of the virus. At the same time, they have also been very quick in responding to the changing situation on the ground, putting in place various grants, rebates and financial schemes to support businesses and individuals.