, Switzerland, Poland and the Czech Republic, in the form of subsidies for payrolls, and tax relief. In Germany where the Company has 33 hotels, there is a subsidy for payroll of up to 60% of gross salary. Our

has introduced relief measures to boost the economy and increase liquidity to alleviate the impact of COVID-19 on citizens and businesses. In response to the crisis, the government has introduced cash

assisted by the governments of various countries such as Austria, Germany, Switzerland, Poland, and the Czech Republic, in the form of subsidies for payrolls, and tax relief. In Germany where the Company has

operation of J Fintech Company Limited in the past affected by the coronavirus situation some in the collection of debt during Lock Down. However, under the accounting practice, Subject: Temporary relief

from the second quarter will drive a significant increase in medical service utilizations in the second half of the year as a result of patients’ anxiety relief since the situation of the COVID-19

the impact on private consumption is expected to be eased to some extent by various relief measures being rolled out by the government. The Group has committed to support and operate in accordance with

, 2017). • Economic stimulus—government subsidies—after the financial/pandemic crisis. • Corporate income tax deduction/exemption (via significant spending). • Import duty relief, etc. • Permission for

preserving policy space. The MPC deemed the government’s announced relief measures and loan repayment measures to assist borrowers affected by the Covid-19 would more directly address the problems than

repayment of the Financial Institution Development Fund (FIDF) from 0.46% per year to 0.23% per year according to the government’s relief measure during the year 2020-2021. While net interest margin (NIM

locally transmitted cases of COVID-19, will change to ‘city-to- city’ as this is easier to track and control. Phase 3 : Travel ban relief (when a vaccine is available) When a vaccine is available, regional