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Brainstorming: Henry Tang exchanges views with representatives of the trade and industry sectors on the impact of atypical pneumonia on the local economy. |
Suspending Mandatory Provident Fund contributions is unsuitable for alleviating small and medium enterprises' financial difficulties amid the atypical pneumonia outbreak.
Secretary for Commerce, Industry & Technology Henry Tang said the MPF scheme will give long-term advantages to employees. However, the question of whether MPF contributions should be reduced or suspended needs careful consideration.
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