Another 2,000 Quarantine Units Aimed At Penny's Bay
"); jQuery("#212 h3").html("

"); });
2020-07-19 HKT 18:00
Chief Executive Carrie Lam said on Sunday that the government is planning to build another 2,000 quarantine units in Lantau, saying experts have warned that there is a possibility of another Covid wave during the winter season.
Initially, the government’s plan was to build a total of 1,500 units at Penny’s Bay, which was an area earmarked for future expansion of Hong Kong Disneyland and was lying vacant for years.
Seven hundred units are to go on stream there this week. Lam said apart from that, an additional 800 will be ready there by the end of September.
She said the government has now decided to provide 3,500 quarantine units at Penny's Bay by the end of the year, so that Hong Kong is more capable of coping with future waves of the epidemic. She added that some experts believed this could happen in winter.
Lam said the government is still studying how many beds can be accommodated at the AsiaWorld-Expo and whether it can be used as a community isolation facility if necessary.
She said they are studying the feasibility of using the expo in case of emergency situations, like mass outbreaks in elderly care homes or a hospital that has to be shut down for deep cleansing.
The CE said the Lei Yue Mun holiday village will soon be used by the Hospital Authority as quarantine centre for Covid patients with mild or no symptoms, or those in stable conditions.
HKMA Warns Of Fake Stablecoins As Licensed Issuers Have Yet To Launch Tokens
The Hong Kong Monetary Authority (HKMA) has warned the public about fake stablecoins in Hong Kong, specifically flaggin... Read more
Tazapay Secures Money Service Operator License In Hong Kong
Singapore-based cross-border payments company Tazapay has secured a Money Service Operator (MSO) license in Hong Kong. ... Read more
Livi Bank Posts First Full-Year Profit In 2025 As Loans Rise 49%
Hong Kong digital bank livi bank reported a full-year profit of HK$21 million for 2025. For the year, total operating i... Read more
FWD Group Reports US$720M In New Business Sales As Expansion Continues
FWD Group reported a 4% year-on-year increase in new business sales to US$720 million for the first quarter of 2026, dr... Read more
WeLab Bank 2025 Revenue Hits HK$942M After Securing First-Half Profitability
WeLab Bank achieved profitability in the first half of 2025 and reported a 35% year-on-year revenue increase to HK$942 ... Read more
Ripple And Kbank Roll Out Institutional Digital Asset Wallet In South Korea
Ripple has partnered with Kbank to deploy an institutional digital asset wallet in Korea, equipping the internet bank w... Read more
