Advertisement
The travel expert
World Challenge Travel Service president Desmond Lee Yu-tai welcomed the government's announcement, despite the fact that his firm will not gain much from the measures.
'As a travel agency we will not benefit much from the exemption of rates, water and sewage charges.'
'The only thing we can benefit from is the waiver of the $5,800 licence fees for one year,' Mr Lee said.
'But if a company cannot afford $5,800, how can it operate?'
Mr Lee said he had not decided whether to apply for one of the new bank loans guaranteed by the government.
Advertisement
Select Voice
Choose your listening speed
Get through articles 2-3x faster
1.1x
220 WPM
Slow
Normal
Fast
1.1x