Hong Kong budget offers $37M in relief measures to businesses hit by democracy protests

February 25, 2015 4:00 AM

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HONG KONG – Hong Kong's finance chief on Wednesday unveiled $37 million in measures aimed at giving relief to some business owners and restoring confidence in the Asian financial hub following pro-democracy protests last year that choked traffic for 11 weeks.

In his annual budget speech, Financial Secretary John Tsang said the government would waive for half a year license fees to help thousands of travel agencies, hotels and guesthouses and 26,000 restaurants and food stalls.

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