,Hong Kong

Bank of East Asia Foundation ups COVID relief to $3m

Partner NGOs will distribute sanitary packs and necessities in Hong Kong.

Bank of East Asia’s charitable arm has extended its COVID-19 relief donation from $2m (US$257,454) to $3m (HK$386,175), according to a news release.

The Bank of East Asia Foundation partnered with additional non-government organisations, on top of the 10 NGOs the bank had associated with in the first stage of the initiative. The NGOs will purchase and distribute sanitary packs and daily necessities worth $100 (US$12) to Hong Kong’s underprivileged citizens.

Earlier, the bank had temporarily closed several branches, promoted digital channels and allowed staff to work from home to combat the virus.

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

These five countries have Omricon cases.
The initiatives include accelerating net-zero electricity generation.
InnoClub will provide solutions in three focus areas.
The airline’s cargo yield is also expected to be 2% higher h-o-h in 2H21.
The country received a 9.23 score out of 10.
HK costs are the 9th most expensive in the Asia Pacific.
Employees with digital transformation-related jobs are most likely to benefit.
A government spokesman attributed the increase to entrenched economic recovery.
Carousell said 85% of its HK users have made secondhand purchases in the past.
Expansion plans were greatly expressed by companies from the industrial goods sector.
Winners were recognised via digital presentations held on the 24ᵗʰ and 25ᵗʰ of November.
The Gaw Capital Partners-led consortium will use the loan for the acquisition of office buildings.
The report said about 10.4% of locals are planning to own NFTs in the future.