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HKSAR announced enhanced measures to support enterprises and individuals

On 15 August 2019, the Financial Secretary for the Hong Kong Special Administrative Region (HKSAR), Mr. Paul Chan Mo-po, announced a list of special relief measures in addition to those proposed in the 2019-20 Budget in February. The newly added measures include increasing the reduction for 2018/19 profits tax, salaries tax and tax under personal assessment from 75% to 100% while retaining the ceiling of HK$20,000.

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In further effort to augment the Fund Industry in Singapore, the Monetary Authority of Singapore (MAS) and the Accounting and Corporate Regulatory Authority (ACRA) launched the Variable Capital Compan

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