ThePoultrySite Latest News
Government Offers Poultry Sellers One Billion
HONG KONG - Government has offered HKD1 billion to compensate for stopping live bird sales.The territory's information service department reports the Secretary for Food & Health as describing his one billion Hong Kong dollar compensation package for poultry traders as "a generous and reasonable offer."
Dr York Chow added that it takes into account the need for the sellers to close down business within a short period of time, the trade's operation, turnover and the risks of bird flu.
Secretary Chow put forward the package during a meeting on Friday.
Under the proposal, farmers, wholesalers, retailers, transport operators and live poultry workers could receive compensation that is about three times the value of the package for voluntary surrender of live poultry licences or tenancies scheme handed down in 2004 and 2005.
Further Reading
| - | Go to our previous news item on this story by clicking here. |
Latest Poultry Industry News
BIRD FLU: Fresh Outbreak to Hit Poultry Exports
First Recipient of Thaxton Assistantship Named
CME: Implications of Filing for Bankruptcy on Broiler Industry
Debut for Farm-of-Origin Label
Uncertainities in Tackling GHG Emissions Accepted
Pilgrim's Pride Files for Bankruptcy
New IB Strain and Losses in Christmas Turkeys
Canada to Consult WTO on COOL Regulations
Hain Expands Kosher Turkey Operation
Saudi Arabia to Purchase Poultry from Myanmar









