COVID-19: Ministry considers extending subsidies for convention firms - News Summed Up

COVID-19: Ministry considers extending subsidies for convention firms


COVID-19: Ministry considers extending subsidies for convention firmsBy Chen Cheng-hui / Staff reporterThe Ministry of Economic Affairs is considering extending wage subsidies for convention and exhibition businesses for another quarter, as a COVID-19 outbreak earlier this year weighed heavily on the sector, the Central News Agency reported yesterday. The ministry allocated NT$220 million (NT$7.88 million) in wage subsidies for the convention and exhibition industry in the second quarter, as it was heavily affected by a resurgence of local COVID-19 infections starting in the middle of May. People gather at Computex Taipei at the Nangang Exhibition Center in Taipei on May 28, 2019. As a result, the ministry is considering continuing wage subsidies this quarter as a show of support, the bureau said, without elaborating on a timeline for applications or the amount of its relief budget. About 700 firms in the convention and exhibition industry applied for wage subsidies last quarter, the bureau said, adding that it had used up the NT$220 million relief budget.


Source: Taipei Times August 29, 2021 15:56 UTC



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