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Category: BUSINESS

Posted on 12/01/2022

Omicron: new HK$4 billion relief package for Hong Kong businesses falls far short of what is needed, industry figures say

With 15 types of premises shut for at least two weeks, unions argue HK$6.3 billion is needed for affected workers. ( read original story ...)

Posted on 12/01/2022

Hong Kong’s economic outlook bright despite challenges: forum speakers

Speakers at the 15th Asian Financial Forum (AFF) voiced their optimism on Tuesday about Hong Kong's economy despite challenges, including the recent resurgence of COVID-19 in Hong Kong. "I am still ... ( read original story ...)

Posted on 11/01/2022

Omicron: Hong Kong leader vows legal action if Cathay Pacific exploited quarantine rules for its pilots

Carrie Lam says investigation looking into whether crew members serving on passenger flights had returned on cargo ones. ( read original story ...)

Posted on 11/01/2022

Hong Kong to step up Covid curbs, start offering Sinovac vaccine to children ages 5 and older

Hong Kong will shut kindergartens and primary schools and start offering Covid-19 vaccines for children from the age of five. ( read original story ...)

Posted on 11/01/2022

Genting Hong Kong faces demand on US$2.78 billion of debt as the bankruptcy of its MV Werften shipyard in Germany triggers cross default

Genting Hong Kong’s stock has lost half its value since 2018, with US$766 million of capitalisation wiped out, as the global cruise and tourism industry became the biggest casualty of the Covid-19 ... ( read original story ...)

Posted on 11/01/2022

Hong Kong political elite get taste of their own COVID-19 rules

One day in quarantine was all it took for pro-China lawmaker Junius Ho to condemn the harsh pandemic restrictions his government has imposed on citizens. ( read original story ...)

Posted on 11/01/2022

GLOBALink | Asian Financial Forum highlights Hong Kong’s new opportunities

Hong Kong's new opportunities amid changes reshaping the economic landscape have been highlighted at the 15th Asian Financial Forum (AFF) which opened virtually on Monday. "The distress and disruption ... ( read original story ...)

Posted on 11/01/2022

Hong Kong airport to ban transit by those from high-risk nations -Bloomberg

Hong Kong's international airport is set to ban transit by passengers from designated high-risk countries, Bloomberg News said on Monday, citing people familiar with the matter. ( read original story ...)

Posted on 11/01/2022

Why Alibaba Is Falling In Hong Kong Today Even As Wider Market Is Up

Shares of U.S.-listed Chinese tech companies traded mostly lower in Hong Kong on Tuesday, even as the benchmark Hang Seng Index recovered after a weak start. What’s ... ( read original story ...)

Posted on 11/01/2022

Startup Life: Jason Yau of Zyphr on the Unifying Power of Sport

In this instalment of Startup Life, we speak to Jason Yau of Zyphr about activewear, the power of sport and the importance of mental health. ( read original story ...)

Posted on 11/01/2022

A ‘Covid’ Birthday Party, 13 Ministers And Growing Anger In Hong Kong

One day in quarantine was all it took for pro-China lawmaker Junius Ho to condemn the harsh, knee-jerk pandemic restrictions his government has imposed on Hong Kong citizens for nearly two years. ( read original story ...)

Posted on 11/01/2022

Cathay Pacific faces ‘legal action’ over Hong Kong virus outbreak: leader

Cathay Pacific is being investigated and faces possible legal action over an Omicron variant coronavirus outbreak in Hong Kong that began with the ... ( read original story ...)

Posted on 11/01/2022

Hong Kong’s Brain Drain Worsens as Expats, Locals Flee City

The effects of the brain drain in sectors such as education, health care, and even finance will likely be felt by residents for years to come. “With everything that’s happening in Hong Kong, the ... ( read original story ...)

Posted on 11/01/2022

Hong Kong’s ‘Covid Zero’ Policy Meets Its Match in Omicron

In Hong Kong, for example, most citizens are so conditioned by years of harsh lockdowns to assume they’re safe from Covid that they haven’t bothered to get vaccinated, writes Anjani Trivedi. Even if ... ( read original story ...)

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