Hong Kong safe destination with new hygiene protocols
Hong Kong – The Hong Kong Tourism Board (HKTB) has launched a standardised hygiene protocol, in partnership with the Hong Kong Quality Assurance Agency (HKQAA), providing a unified set of guidelines on hygiene and anti-epidemic measures for tourism-related industries. The … Continue reading Hong Kong safe destination with new hygiene protocols
ESPRIT expecting net loss of 3.9 billion HK$
Hong Kong – Esprit Holdings, the Hong Kong-listed casual fashion brand, is expected to report a net loss of about 3.9 billion Hong Kong dollars ($503 million), according to a profit warning issued last month. Esprit’s troubles began years before … Continue reading ESPRIT expecting net loss of 3.9 billion HK$
Shanghai’s Fosun Pharma to supply 10 million doses of vaccine
Shanghai/Mainz – Shanghai Fosun Pharmaceutical which aims to bring German partner BioNTech’s coronavirus vaccine to China by the end of the year, has inked an agreement with a distributor to potentially supply 10 million doses to Hong Kong and Macau. … Continue reading Shanghai’s Fosun Pharma to supply 10 million doses of vaccine
Coronavirus: Fourth wave could be in store for Hong Kong
Hong Kong – Hong Kong could face a fourth wave of Covid-19 infections in the autumn and winter season, and while disruptions to normal life could persist for another six months to a year, even a speedy return to normalcy would … Continue reading Coronavirus: Fourth wave could be in store for Hong Kong
Carrie Lam: If you want Covid cash you must cut prices
Hong Kong – Hong Kong’s leader has said she will demand two of the city’s biggest supermarket chains give discounts to customers in return for financial support from the government.Chief Executive Carrie Lam Cheng Yuet-ngor pledges on Tuesday toe tie wage … Continue reading Carrie Lam: If you want Covid cash you must cut prices
Coronavirus: Hong Kong bans Air India flights
Hong Kong – Air India has been banned from flying to Hong Kong for two weeks for carrying too many passengers infected with Covid-19. The government acted after linking 11 imported cases on an Air India flight from Delhi on August … Continue reading Coronavirus: Hong Kong bans Air India flights
Hong Kong economy to shrink 6 to 8 per cent
Hong Kong – Hong Kong’s economy is expected to shrink by between 6 and 8 per cent this year – in what would be the first back-to-back annual contractions since record-keeping began 1961 – as the city grapples with a third wave … Continue reading Hong Kong economy to shrink 6 to 8 per cent
Germany fears erosion of Hong Kong’s autonomy
BERLIN – Germany fears that Hong Kong’s autonomy is being “eroded” and Berlin will raise issues such as human rights with China during its presidency of the EU that began this month, Chancellor Angela Merkel said on Friday. “Based on … Continue reading Germany fears erosion of Hong Kong’s autonomy
Cathay bailout to protect Hong Kong’s economic future
Hong Kong – Cathay’s restructuring package marks the first time the Hong Kong government has directly injected money into a private company. Photo: Felix Wong The Hong Kong government is leading a massive HK$39 billion (US$5 billion) bailout of struggling Cathay … Continue reading Cathay bailout to protect Hong Kong’s economic future
China parliament approves Hong Kong security law
HONG KONG/BEIJING/WASHINGTON – China’s parliament on Thursday approved a decision to go forward with national security legislation for Hong Kong that democracy activists and Western countries fear could erode the city’s freedoms and jeopardise its role as a global financial … Continue reading China parliament approves Hong Kong security law